Current inflation ليبيا 2.3%
December 2024
Current Inflation
Inflation is normal at 2.1%, around the ECB target.
Historical Context
Current inflation is 0.6% lower than the 5-year average of 2.7%.
- 5-year average
- 2.7%
- 10-year average
- 8.7%
- All-time high (2016)
- 25.9%
- All-time low (2019)
- -2.1%
Trend
Inflation shows a downward trend. Compared to 2023, inflation has fallen by +0.3 percentage point.
ECB Target
Inflation is close to the ECB target of 2.0%.
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 €102.10 next year at this inflation rate.
Last 12 months
5-year trend
Statistics
- This year (avg.)
- 2.1%
- Last year
- 2.4%
- 5-year average
- 2.1%
- All-time high (2016)
- 25.9%