Libya’s inflation rate rose to 14.3% year-on-year in August 2026, up from 13.0% in July, marking the highest rate in four months. Inflation Rate in Libya averaged 6.66 percent from 2004 until 2026, reaching an all time high of 31.60 percent in July of 2016 and a record low of -6.10 percent in August of 2019. source: Bureau of Statistics and Census Libya
Inflation Rate in Libya is expected to be 13.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Libya Inflation Rate is projected to trend around 9.50 percent in 2027 and 7.00 percent in 2028, according to our econometric models.
In Libya, the most important categories in the consumer price index are Food and Beverages (39 percent of the total weight) and Housing, Water, Electricity and Other Fuels (23 percent). The index also includes: Transport (8 percent), Clothing and Footwear (6 percent), Furniture and Household Equipment (5 percent), Health (4 percent), and Education (4 percent). Miscellaneous Goods and Services, Recreation and Culture, Communication, Restaurant and Hotels, and Tobacco account for the remaining 11 percent of total weight.
|
Actual |
Previous |
Highest |
Lowest |
Dates |
Unit |
Frequency |
|
|
14.30 |
13.00 |
31.60 |
-6.10 |
2004 - 2026 |
percent |
Monthly |
2024=100
|