Prices & public finance · Middle East, North Africa, Afghanistan & Pakistan · Upper-middle income
Libya: prices, money and public finance
Inflation is 1.8% (2025), 126th of 180 in the world and 11th of 21 in the Middle East & North Africa. GDP deflator is -3.9% (2025), 202nd of 209 in the world and 19th of 22 in the Middle East & North Africa. Lending rate is 6.0% (2014).
Inflation
LibyaMiddle East, North Africa, A…Upper-middle incomeWorld
GDP deflator
LibyaMiddle East, North Africa, A…Upper-middle incomeWorld
9 indicators
Prices & public finance: Libya in detail
Latest reported value, world rank and rank within Middle East, North Africa, Afghanistan & Pakistan; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| InflationInflation, consumer prices, annual % | 1.8%2025 | 126/180 | 11/21 | -2.9% | 2.8% | 1.4% | −8.6 ppsince 2015 | 2.0% | 3.3% | 3.0% | |
| GDP deflatorInflation, GDP deflator, annual % | -3.9%2025 | 202/209 | 19/22 | 13.3% | 19.3% | -4.8% | +3.1 ppsince 2015 | 2.2% | 3.3% | 3.3% | |
| Lending rateLending interest rate, % | 6.0%2014 | — | — | 7.0% | 6.0% | · | −0.1 ppsince 2004 | — | — | — | |
| Real interest rateReal interest rate, % | 7.1%2014 | — | — | -5.6% | -11.1% | · | +20.6 ppsince 2004 | — | — | — | |
| Exchange rateOfficial exchange rate, local currency per US$ | 5.302025 | 120/210 | 12/22 | 0.51 | 1.27 | 1.39 | +284%since 2015 | — | — | — | |
| Private creditDomestic credit to private sector, % of GDP | 12.5%2025 | 148/169 | 14/17 | 20.5% | 9.3% | 21.8% | −9.0 ppsince 2015 | 52.4% | 139.0% | 140.3% | |
| Broad moneyBroad money, % of GDP | 64.4%2021 | 65/146 | 12/15 | 48.5% | 47.3% | 197.4% | −30.5 ppsince 2011 | 78.7% | 167.9% | 135.7% | |
| Reserves, months of importsTotal reserves in months of imports | 31.62023 | 1/165 | 1/20 | 26.7 | 38.6 | 65.2 | −0.4%since 2013 | 11.2 | 9.9 | 8.6 | |
| Military spendingMilitary expenditure, % of GDP | 3.57%2023 | 17/156 | 8/18 | 2.75% | 3.23%2012 | 2.80%2022 | −1.7 ppsince 2013 | 4.98% | 1.87% | 2.48% |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
Better than ten years ago
- Inflation−8.6 pp1.8% in 2025
Worse than ten years ago
- Reserves, months of imports−0.4%31.6 in 2023
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
neighbours
Libya and its neighbours
Countries sharing a land border with Libya. Latest values since 2005; the highest in each row is marked.
| Indicator | Libya | Egypt | Sudan | Algeria | Niger | Chad |
|---|---|---|---|---|---|---|
| Inflation | 1.8%2025 | 14.1%2025 | 138.8%2022 | 1.4%2025 | -4.5%2025 | -3.9%2025 |
| GDP deflator | -3.9%2025 | 25.0%2025 | 65.9%2025 | 0.8%2025 | -1.6%2025 | -2.0%2025 |
| Lending rate | 6.0%2014 | 24.3%2024 | — | 8.0%2025 | 5.3%2016 | — |
| Real interest rate | 7.1%2014 | -7.0%2024 | — | 7.2%2025 | 2.6%2016 | — |
| Exchange rate | 5.302025 | 49.232025 | 546.762022 | 131.612025 | 581.932025 | 581.932025 |
| Private credit | 12.5%2025 | 25.8%2025 | 5.6%2022 | 19.6%2025 | 9.6%2025 | 8.3%2021 |
| Broad money | 64.4%2021 | 77.3%2025 | 31.9%2020 | 75.1%2025 | 17.3%2025 | 16.0%2021 |
| Reserves, months of imports | 31.62023 | 4.42025 | 0.22017 | 11.62025 | — | — |
| Military spending | 3.57%2023 | 0.61%2025 | 0.93%2021 | 8.83%2025 | 2.14%2025 | 3.19%2025 |