Attachments
Key Highlights
- In February 2025, the Full Minimum Expenditure Basket (MEB) dropped for the second consecutive month, falling -4.86 percent to LYD 883.60, reflecting continued economic stabilization. The Central Bank of Libya (CBL) expanded regulated institutions performing foreign currency transactions, increasing transparency in currency trading, strengthening the Libyan Dinar (LYD) and reducing import costs. This, coupled with stable and increasing oil revenues, drove market prices down.
- The east was the only region to see a price increase in February, with the Full MEB moving against the national downward trend, rising +1.10 percent reaching LYD 843.29. Al Kufra remains the most expensive market in the region at LYD 1,055.24, with the economic strain from the refugee population fleeing war in Sudan grows daily, adding pressure on local resources and the host community.
- The western region decreased considerably in February, with the Full MEB dropping -13.10 percent to LYD 843.29, falling from the position as most expensive region for four consecutive months to becoming the least expensive region in February. Substantial decreases in Tripoli (-24.45 percent to LYD 822.39) and Azzawya (-22.45 percent to LYD 838.43) led the drop.
- The Full MEB in the southern region dropped slightly by -0.53 percent, reaching LYD 929.50. Despite this, Murzuq recorded the highest basket price in Libya at LYD 1,084.60 for the second consecutive month. The southern region continues to face significant, localized price fluctuations, with the -0.53 decrease hiding unstable price changes throughout the region on a month-by-month basis.