Inflation Libya 2021
Average inflation: 2.9%
Current Inflation
Inflation is normal at 2.9%, around the ECB target.
Peak and Trough
The highest inflation was in November at 5.3%. The lowest inflation was in April at 0.5%.
- Highest month
- November: 5.3%
- Lowest month
- April: 0.5%
- Difference
- 4.8 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 5.4% lower than the 5-year average of 8.3%.
- 5-year average
- 8.3%
- 10-year average
- 9%
- All-time high (2016)
- 25.9%
- All-time low (2019)
- -2.1%
Trend
Inflation shows an upward trend. Compared to 2020, inflation has risen by +1.4 percentage point.
- Change vs. previous year
- +1.4 percentage points
- Largest monthly swing
- November: +3.3 percentage points
ECB Target
Inflation is 0.9% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €102.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2021
Month overview
| Month | Inflation | Difference vs. 2020 |
|---|---|---|
| January | 2.8% | +2.0 |
| February | 2.7% | +2.3 |
| March | 1.6% | +0.2 |
| April | 0.5% | -0.8 |
| May | 1.5% | +1.8 |
| June | 2.1% | +0.4 |
| July | 3.1% | +1.2 |
| August | 3.4% | +1.5 |
| September | 3.7% | +1.7 |
| October | 4.1% | +2.5 |
| November | 5.3% | +3.3 |
| December | 3.7% | +0.9 |
| Average | 2.9% |
Data source
Data from WorldBank. Last updated: 06/01/2026.