Development of inflation rates in Libya
The inflation rate in Germany moved over the past years between -9.8% and 15.5%. For 2013, an inflation rate of 2.6% was calculated.
During the observation period from 1991 to 2013, the average inflation rate was 3.8%
per year. Overall, the price increase was 117.06 %. An item that cost 100 Dinar in 1990 was 2013 so charged 217.06 Dinar.
In only a few countries negative inflation rates are achieved. This means that the general price level is declining and consumer prices get cheaper. This case is called deflation.In comparison to other countries, the drastic price increases are no longer on average. Usually this is a sign of political and economic turmoil.Back to overview: Libya
Inflation developments of the past 22 years compared to the European Union
Performance based on 100% in 1990. Libya European Union
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