Inflation rates by country and year

-9.8%-0%9.8%19.6%29.4%
-9.8%-0%9.8%19.6%29.4%
196511.4%
19957.2%
20251.8%
Source: World Bank

Data: World Bank, annual %. For information only — not financial advice.

Year2025Inflation Rate1.8%

Behind the curve

Turning points in Libya

  1. 2011↑ Upward pressure

    The 2011 civil war — Wikipedia (opens in a new tab)

    The 2011 uprising and war disrupted oil production and supply chains, driving up prices and inflation.

    Central Bank of Libya
  2. 2020↓ Downward pressure

    The pandemic and oil crash — Wikipedia (opens in a new tab)

    The oil-price collapse and a blockade of oil exports cut revenues and demand, easing inflation in 2020.

    Central Bank of Libya
  3. 2022↑ Upward pressure

    The post-pandemic inflation surge — Wikipedia (opens in a new tab)

    Higher global food and fuel prices, together with conflict-driven disruptions, lifted Libyan inflation in 2022.

    Central Bank of Libya

These are selected historical influences, not a complete account of inflation. An upward-pressure event can coincide with a peak when its inflationary effect has already occurred or when other forces begin pushing inflation lower. The markers show the years in which events occurred, although their effects may extend into later years.

What is the inflation in Libya?

The annual inflation rate in Libya was 1.8% in 2025, the most recent year in the World Bank dataset. That means prices rose 1.8% on average compared with the year before. Use the chart above to explore Libya's full inflation history from 1965 to 2025, and to compare it with any other country.

How inflation in Libya has changed

Inflation in Libya peaked at 29.4% in 1978 and reached its lowest point at -9.8% in 2002. Averaged across the 61 years of available data (1965–2025), the rate has been 5.8% per year.

Frequently asked questions about inflation in Libya

What is the current inflation rate in Libya?

The latest available annual figure is 1.8% in 2025, from the World Bank. Because the figures are reported annually, they may not reflect the most recent monthly reading published by Libya's statistical office.

What was the highest inflation rate in Libya?

The highest annual inflation rate on record is 29.4%, reached in 1978.

What was the lowest inflation rate in Libya?

The lowest annual inflation rate on record is -9.8%, recorded in 2002.

Where does the inflation data for Libya come from?

All figures come from the World Bank's World Development Indicators (indicator FP.CPI.TOTL.ZG), which report annual consumer price inflation for more than 200 countries and territories from 1960 onward.