Inflation, GDP deflator (annual %) in Libya
Libya: Inflation, GDP deflator was -3.9% in 2025. ◆ Volatile
Inflation, GDP deflator in Libya, 1961–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
The most recent figure for inflation, gdp deflator in Libya is -3.9%, measured in 2025.
The figure is down 146.3% on the previous year and up 44.1% over ten years.
Over the whole period, inflation, gdp deflator in Libya peaked at 90.5% in 2021 and was at its lowest, -24.8%, in 2009.
Libya ranks 206th of 214 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator in Libya, year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | 0.6% | — |
| 1962 | 5.3% | +837.8% |
| 1963 | 6.6% | +24.3% |
| 1964 | 3.6% | -45.5% |
| 1965 | 5.0% | +38.1% |
| 1966 | 8.0% | +60.5% |
| 1967 | 6.1% | -23.6% |
| 1968 | 5.5% | -10.6% |
| 1969 | 0.6% | -88.9% |
| 1970 | 0.1% | -86.5% |
| 1971 | 20.4% | +24782.4% |
| 1972 | 1.3% | -93.6% |
| 1973 | 22.5% | +1620.2% |
| 1974 | 41.5% | +84.2% |
| 1975 | -6.4% | -115.5% |
| 1976 | 5.6% | -187.8% |
| 1977 | 7.9% | +39.9% |
| 1978 | -4.5% | -156.5% |
| 1979 | 26.6% | -696.7% |
| 1980 | 33.2% | +24.8% |
| 1981 | 9.9% | -70.2% |
| 1982 | -9.7% | -198.1% |
| 1983 | 0.8% | -108.6% |
| 1984 | -6.5% | -878.7% |
| 1985 | -1.3% | -80.7% |
| 1986 | -7.8% | +525.8% |
| 1987 | 20.9% | -366.7% |
| 1988 | -17.8% | -185.0% |
| 1989 | 1.1% | -106.0% |
| 1990 | 4.7% | +344.5% |
| 1991 | -5.1% | -209.0% |
| 1992 | 9.2% | -279.4% |
| 1993 | 1.6% | -82.2% |
| 1994 | 4.8% | +192.3% |
| 1995 | 9.6% | +100.7% |
| 1996 | 11.7% | +21.6% |
| 1997 | 10.4% | -10.7% |
| 1998 | -6.6% | -163.7% |
| 1999 | 30.0% | -552.3% |
| 2000 | 13.3% | -55.6% |
| 2001 | 7.2% | -46.0% |
| 2002 | 27.2% | +279.2% |
| 2003 | 14.4% | -47.3% |
| 2004 | 22.6% | +57.4% |
| 2005 | 28.6% | +26.4% |
| 2006 | 19.7% | -31.1% |
| 2007 | 2.4% | -87.6% |
| 2008 | 23.7% | +871.9% |
| 2009 | -24.8% | -204.8% |
| 2010 | 19.3% | -177.6% |
| 2011 | 24.3% | +26.3% |
| 2012 | 6.0% | -75.4% |
| 2013 | 0.1% | -98.6% |
| 2014 | -1.0% | -1278.8% |
| 2015 | -7.0% | +599.5% |
| 2016 | 4.7% | -166.6% |
| 2017 | 1.8% | -61.5% |
| 2018 | 3.6% | +99.1% |
| 2019 | 4.2% | +16.1% |
| 2020 | -4.8% | -213.9% |
| 2021 | 90.5% | -2002.7% |
| 2022 | 42.8% | -52.7% |
| 2023 | -7.6% | -117.8% |
| 2024 | 8.5% | -211.6% |
| 2025 | -3.9% | -146.3% |
Libya compared with similar countries
- Libya's -3.9% is below the median for upper middle income countries, which is 3.3%. (59 countries reporting)
- Libya's -3.9% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.1%. (23 countries reporting)
Biggest year-on-year movements
Years where Inflation, GDP deflator in Libya changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1971 | +24782.4% | 0.1% | 20.4% |
| 2021 | +2002.7% | -4.8% | 90.5% |
| 1973 | +1620.2% | 1.3% | 22.5% |
| 2014 | -1278.8% | 0.1% | -1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.6% | 0.6% | 8.0% | 9 |
| 1970s | 11.5% | -6.4% | 41.5% | 10 |
| 1980s | 2.3% | -17.8% | 33.2% | 10 |
| 1990s | 7.0% | -6.6% | 30.0% | 10 |
| 2000s | 13.4% | -24.8% | 28.6% | 10 |
| 2010s | 5.6% | -7.0% | 24.3% | 10 |
| 2020s | 20.9% | -7.6% | 90.5% | 6 |
Countries ranked near Libya
More economy & growth data for Libya
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.31 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 6.09 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.094 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 605.92 units per person (2025)
- SDRs holdings, SDR, annual growth rate 1.03 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0686 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 442.44 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0332 units per US$ of GDP (2025)
Frequently asked questions
- What is inflation, gdp deflator in Libya?
- Inflation, gdp deflator in Libya was -3.9% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in Libya?
- The highest recorded value was 90.5% in 2021.
- What is the lowest inflation, gdp deflator recorded in Libya?
- The lowest recorded value was -24.8% in 2009.
- How does Libya rank for inflation, gdp deflator?
- Libya ranks 206th out of 214 countries with data for 2025.
- Is inflation, gdp deflator rising or falling in Libya?
- Over the last ten years it is up 44.1%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.