Inflation Libya 2020
Average inflation: 1.5%
Current Inflation
Inflation is low at 1.5%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in December at 2.8%. The lowest inflation was in May at -0.3%.
- Highest month
- December: 2.8%
- Lowest month
- May: -0.3%
- Difference
- 3.1 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 11.4% lower than the 5-year average of 12.9%.
- 5-year average
- 12.9%
- 10-year average
- 10.2%
- All-time high (2016)
- 25.9%
- All-time low (2019)
- -2.1%
Trend
Inflation shows a downward trend. Compared to 2019, inflation has fallen by +3.6 percentage point.
- Change vs. previous year
- +3.6 percentage points
- Largest monthly swing
- August: +8.0 percentage points
ECB Target
Inflation is 0.5% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €101.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2020
Month overview
| Month | Inflation | Difference vs. 2019 |
|---|---|---|
| January | 0.8% | +4.8 |
| February | 0.4% | +0.7 |
| March | 1.4% | +2.2 |
| April | 1.3% | 0.0 |
| May | -0.3% | -0.2 |
| June | 1.7% | +4.8 |
| July | 1.9% | +6.5 |
| August | 1.9% | +8.0 |
| September | 2.0% | +8.0 |
| October | 1.6% | +3.3 |
| November | 2.0% | +2.9 |
| December | 2.8% | +1.9 |
| Average | 1.5% |
Data source
Data from WorldBank. Last updated: 06/01/2026.