Inflation Rate (CPI): Lebanon

Analysis# Lebanon Inflation Rate (CPI) Lebanon's inflation rate reached 45.2% in 2024, a significant decline from the crisis peaks of recent years but still elevated by historical standards. The country's all-time high of 487.2% occurred in 1987, while its lowest point was a deflationary -3.8% in 2015. Since 1980, cumulative inflation has totaled 89.1%, reflecting decades of economic volatility and structural challenges. The most dramatic shift emerged in 2020, when inflation surged to 84.9% following Lebanon's financial collapse and currency crisis. Conditions deteriorated further through 2023, peaking at 221.3% as monetary instability persisted. The 2024 reading of 45.2% suggests initial stabilization, though it remains far above pre-crisis levels. Sustained recovery depends on whether structural reforms and currency stabilization efforts can anchor inflation expectations going forward.