We present an inelastic neutron scattering study on single-crystalline LiFeAs devoted to the characterization of the incommensurate antiferromagnetic fluctuations at $mathbf{Q}=(0.5pmdelta, 0.5mpdelta, q_l)$. Time-of-flight measurements show the presence of these magnetic fluctuations up to an energy transfer of 60 meV, while polarized neutrons in combination with longitudinal polarization analysis on a triple-axis spectrometer prove the pure magnetic origin of this signal. The normalization of the magnetic scattering to an absolute scale yields that magnetic fluctuations in LiFeAs are by a factor eight weaker than the resonance signal in nearly optimally Co-doped BaFe$_2$As$_2$, although a factor two is recovered due to the split peaks owing to the incommensurability. The longitudinal polarization analysis indicates weak spin space anisotropy with slightly stronger out-of-plane component between 6 and 12 meV. Furthermore, our data suggest a fine structure of the magnetic signal most likely arising from superposing nesting vectors.