Inflation Libya 2019

Average inflation: -2.1%

Inflation in 2019

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

Inflation is 16.8 percentage points 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

Over the period 2017-2019, inflation shows a downward trend. Compared to 2018, inflation has fallen by 15.7 percentage points.

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

ECB Target

Inflation is 4.1 percentage points 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 LYD 100 this year will cost approximately LYD 97.900 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