Attachments
Key Highlights
• In January 2025, the Full Minimum Expenditure Basket (MEB) declined by -2.7 percent to LYD 928.7. This decrease was driven by a stable political and economic landscape. The Central Bank of Libya (CBL) maintained smooth foreign currency transactions, while the National Oil Corporation (NOC) reported continued growth in oil production, supported by the activation of a new field in the Sirte Basin. These factors contributed to a relatively steady market environment, which played a role in the reduction of MEB prices.
• The eastern region saw a -5.2 percent decline, bringing the Full MEB to LYD 866.8, making it the least expensive region nationally. Al Kufra continues to show a decreasing trend in prices despite remaining the most expensive market in the region at LYD 1049.63. The city faces pressure from a large refugee population and limited resources, with minimal support from the two governments, worsening the economic strain – according to a statement by municipality officials.
• The western region remains the most expensive in Libya, despite a -2.1 percent decrease in the Full MEB, which dropped to LYD 970.4. Tripoli and Azzawiya recorded the highest prices at approximately LYD 1051.43 and LYD 1050.41, respectively, showing a slight decline from previous month.
• The Full MEB in the southern region dropped by -1.6 percent, reaching LYD 934.4. Despite this, Murzuq recorded the highest basket price in Libya at LYD 1119.69. The city has been experiencing rebuilding efforts, and with the resumption of oil exploration activities in the Murzuq Basin, the influx of foreign workers has likely boosted market demand.