Inflation in Libya
Consumer price inflation in Libya averaged 8.7% in the ten years to 2022. The 2022 average figure was 4.5%. For more inflation information, visit our dedicated page.
Libya Inflation Chart
Note: This chart displays Inflation Rate (CPI, annual variation in %) for Libya from 2013 to 2023.
Source: Macrobond.
Libya Inflation Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, aop) | -2.9 | 1.5 | 2.9 | 4.5 | 2.4 |
| Inflation (CPI, ann. var. %, eop) | 0.2 | 2.8 | 3.7 | 4.1 | 1.8 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Lybian inflation projections for the next ten years from a panel of 4 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Lybian inflation.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Lybian inflation projections.
Want to get access to the full dataset of Lybian inflation forecasts? Send an email to info@focus-economics.com.