Libya Inflation Rate 1965-2023

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Libya inflation rate for 2013 was 2.61%, a 3.45% decline from 2012.
  • Libya inflation rate for 2012 was 6.06%, a 9.46% decline from 2011.
  • Libya inflation rate for 2011 was 15.52%, a 12.72% increase from 2010.
  • Libya inflation rate for 2010 was 2.80%, a 0.34% increase from 2009.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Venezuela 40.64%
Iran 36.60%
Belarus 18.31%
Jamaica 9.34%
Serbia 7.69%
Turkey 7.49%
Russia 6.75%
Brazil 6.20%
Botswana 5.88%
Kazakhstan 5.85%
Armenia 5.79%
South Africa 5.78%
Namibia 5.60%
Costa Rica 5.23%
Dominican Republic 4.83%
Jordan 4.82%
Lebanon 4.82%
Guatemala 4.34%
Romania 3.98%
Mexico 3.81%
Maldives 3.81%
Mauritius 3.54%
Algeria 3.25%
Equatorial Guinea 2.95%
Fiji 2.91%
North Macedonia 2.79%
Peru 2.77%
Ecuador 2.72%
Paraguay 2.68%
China 2.62%
Libya 2.61%
Azerbaijan 2.42%
Montenegro 2.21%
Thailand 2.18%
Malaysia 2.11%
Colombia 2.02%
Albania 1.94%
Suriname 1.92%
Guyana 1.90%
Iraq 1.88%
St. Lucia 1.47%
Bulgaria 0.89%
St. Vincent and the Grenadines 0.81%
Tonga 0.78%
Samoa 0.61%
Belize 0.51%
Gabon 0.51%
Grenada -0.04%
Dominica -0.05%
Bosnia -0.09%
Libya Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2013 2.61% -3.45%
2012 6.06% -9.46%
2011 15.52% 12.72%
2010 2.80% 0.34%
2009 2.46% -7.90%
2008 10.36% 4.11%
2007 6.25% 4.79%
2006 1.46% -1.19%
2005 2.65% 4.85%
2004 -2.20% -0.01%
2003 -2.19% 7.61%
2002 -9.80% -0.98%
2001 -8.81% -5.91%
2000 -2.90% -5.55%
1999 2.65% -1.06%
1998 3.71% 0.16%
1997 3.55% -0.48%
1996 4.03% -3.21%
1995 7.24% 2.13%
1994 5.11% -5.96%
1993 11.07% 1.71%
1992 9.36% -2.54%
1991 11.90% 3.44%
1990 8.45% 6.94%
1989 1.51% -4.58%
1988 6.09% 1.73%
1987 4.36% 1.06%
1986 3.29% -5.85%
1985 9.14% -3.34%
1984 12.48% 1.87%
1983 10.61% 0.35%
1982 10.26% -0.94%
1981 11.20% 1.47%
1980 9.73% 15.77%
1979 -6.04% -35.42%
1978 29.38% 23.10%
1977 6.28% 0.80%
1976 5.48% -3.64%
1975 9.12% 1.66%
1974 7.46% -0.51%
1973 7.97% 8.22%
1972 -0.25% 2.85%
1971 -3.10% 2.19%
1970 -5.30% -15.08%
1969 9.79% 9.39%
1968 0.39% -6.90%
1967 7.30% -4.95%
1966 12.24% 0.82%
1965 11.43% 0.82%