Annual inflation, consumer prices in Libya
Libya: Annual inflation, consumer prices was 2.1% in 2024. ◆ Volatile
Annual inflation, consumer prices in Libya, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual inflation, consumer prices in Libya is 2.1%, measured in 2024.
That represents a change of down 10.4% on the previous year and down 12.6% over ten years.
Over the whole period, annual inflation, consumer prices in Libya peaked at 25.9% in 2016 and was at its lowest, -9.8%, in 2002.
That places Libya 146th out of 203 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual inflation, consumer prices in Libya, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -2.9% | — |
| 2001 | -8.8% | +203.9% |
| 2002 | -9.8% | +11.2% |
| 2003 | -2.2% | -77.6% |
| 2004 | -2.2% | +0.3% |
| 2005 | 2.7% | -220.6% |
| 2006 | 1.5% | -44.9% |
| 2007 | 6.3% | +328.4% |
| 2008 | 10.4% | +65.7% |
| 2009 | 2.5% | -76.3% |
| 2010 | 2.8% | +13.8% |
| 2011 | 15.5% | +454.3% |
| 2012 | 6.1% | -61.0% |
| 2013 | 2.6% | -57.0% |
| 2014 | 2.4% | -6.6% |
| 2015 | 10.4% | +327.6% |
| 2016 | 25.9% | +148.5% |
| 2017 | 25.8% | -0.2% |
| 2018 | 13.2% | -49.0% |
| 2019 | -2.2% | -116.4% |
| 2020 | 1.4% | -166.9% |
| 2021 | 2.9% | +98.2% |
| 2022 | 4.5% | +57.2% |
| 2023 | 2.4% | -47.4% |
| 2024 | 2.1% | -10.4% |
Libya compared with similar countries
- Libya's 2.1% is below the median for upper middle income countries, which is 3.1%, 70% of the median. (52 countries reporting)
- Libya's 2.1% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.1%, 1.0× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -0.3% | -9.8% | 10.4% | 10 |
| 2010s | 10.2% | -2.2% | 25.9% | 10 |
| 2020s | 2.7% | 1.4% | 4.5% | 5 |
Countries ranked near Libya
- 143 Sint Maarten (Dutch part) 2.2% compare
- 144 Indonesia 2.2% compare
- 145 Samoa 2.2% compare
- 147 Ireland 2.1% compare
- 148 Djibouti 2.1% compare
- 149 Timor-Leste 2.1% compare
- 149 East Timor 2.1% compare
More development goals data for Libya
- Red List Index 0.8885 index (2025)
- Number of refugees per 100,000 population, by country of origin 234.4 per 100,000 people (2025)
- Manufacturing value added per capita 247.6 constant US$ (2025)
- Number of transboundary breeds 12 (2025)
- Number of transboundary breeds (not extinct) 12 (2025)
- Number of transboundary breeds with unknown risk status 12 (2025)
- Number of local breeds with unknown risk status 10 (2025)
- Number of local breeds (not extinct) 11 (2025)
- Number of local breeds kept in the country 11 (2025)
- Infant deaths 968 (2024)
Frequently asked questions
- What is annual inflation, consumer prices in Libya?
- Annual inflation, consumer prices in Libya was 2.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual inflation, consumer prices recorded in Libya?
- The highest recorded value was 25.9% in 2016.
- What is the lowest annual inflation, consumer prices recorded in Libya?
- The lowest recorded value was -9.8% in 2002.
- How does Libya rank for annual inflation, consumer prices?
- Libya ranks 146th out of 203 countries with data for 2024.
- Is annual inflation, consumer prices rising or falling in Libya?
- Over the last ten years it is down 12.6%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.
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