Inflation Libya 2019

Average inflation: -2.1%

Current Inflation

There is deflation with consumer prices declining by 2.1%.

Peak and Trough

The highest inflation was in April at 1.3%. The lowest inflation was in August at -6.1%.

Highest month
April: 1.3%
Lowest month
August: -6.1%
Difference
7.4 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 16.8% lower than the 5-year average of 14.7%.

5-year average
14.7%
10-year average
11.2%
All-time high (2016)
25.9%
All-time low (2019)
-2.1%

Trend

Inflation shows a downward trend. Compared to 2018, inflation has fallen by +15.7 percentage point.

Change vs. previous year
-15.7 percentage points
Largest monthly swing
January: -32.0 percentage points

ECB Target

Inflation is 4.1% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

Due to deflation, purchasing power increases. Money becomes more valuable instead of less.

What you could buy for €100 this year will cost approximately €97.90 next year at this inflation rate.

Multi-year trend

Monthly figures 2019

Month overview

Month Inflation Difference vs. 2018
January -4.0% -32.0
February -0.3% -22.0
March -0.8% -17.7
April 1.3% -13.0
May -0.1% -14.6
June -3.1% -18.4
July -4.6% -20.5
August -6.1% -21.0
September -6.0% -20.6
October -1.7% -8.8
November -0.9% -3.1
December 0.9% +2.7
Average -2.1%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also