Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Libya
Libya: Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP was 2.3 Percent per annum in 2029. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Libya, 1990–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percent per annum.
Analysis
In 2029, africa's development dynamics (afdd) table 02 - annual real gdp in Libya stood at 2.3 Percent per annum.
That represents a change of up 6.9% on the previous year and up 120.5% over ten years.
Over the whole period, africa's development dynamics (afdd) table 02 - annual real gdp in Libya peaked at 86.83 Percent per annum in 2012 and was at its lowest, -50.34 Percent per annum, in 2011.
Libya ranks 118th of 166 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Libya, year by year
| Year | Percent per annum | Change |
|---|---|---|
| 1990 | 3.72 Percent per annum | — |
| 1991 | 18.32 Percent per annum | +392.5% |
| 1992 | -4.55 Percent per annum | -124.8% |
| 1993 | -5.47 Percent per annum | +20.3% |
| 1994 | 3.22 Percent per annum | -158.9% |
| 1995 | -15.43 Percent per annum | -579.3% |
| 1996 | 1.76 Percent per annum | -111.4% |
| 1997 | -2.63 Percent per annum | -249.8% |
| 1998 | -0.6764 Percent per annum | -74.3% |
| 1999 | -0.189 Percent per annum | -72.1% |
| 2000 | 4.04 Percent per annum | -2238.9% |
| 2001 | 2.63 Percent per annum | -35.0% |
| 2002 | -3.73 Percent per annum | -241.9% |
| 2003 | 16.14 Percent per annum | -533.2% |
| 2004 | 5.84 Percent per annum | -63.8% |
| 2005 | 10.62 Percent per annum | +81.7% |
| 2006 | 0.2784 Percent per annum | -97.4% |
| 2007 | 6.23 Percent per annum | +2137.6% |
| 2008 | -0.1622 Percent per annum | -102.6% |
| 2009 | -4.4 Percent per annum | +2612.7% |
| 2010 | 5.03 Percent per annum | -214.3% |
| 2011 | -50.34 Percent per annum | -1101.3% |
| 2012 | 86.83 Percent per annum | -272.5% |
| 2013 | -18 Percent per annum | -120.7% |
| 2014 | -23.04 Percent per annum | +28.0% |
| 2015 | -0.8427 Percent per annum | -96.3% |
| 2016 | -1.49 Percent per annum | +76.9% |
| 2017 | 32.49 Percent per annum | -2279.3% |
| 2018 | 7.94 Percent per annum | -75.6% |
| 2019 | -11.2 Percent per annum | -241.0% |
| 2020 | -29.46 Percent per annum | +163.1% |
| 2021 | 28.33 Percent per annum | -196.2% |
| 2022 | -8.25 Percent per annum | -129.1% |
| 2023 | 10.16 Percent per annum | -223.1% |
| 2024 | 7.83 Percent per annum | -22.9% |
| 2025 | 6.95 Percent per annum | -11.3% |
| 2026 | 4.17 Percent per annum | -39.9% |
| 2027 | 2.01 Percent per annum | -51.9% |
| 2028 | 2.15 Percent per annum | +7.0% |
| 2029 | 2.3 Percent per annum | +6.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.1926 Percent per annum | -15.43 Percent per annum | 18.32 Percent per annum | 10 |
| 2000s | 3.75 Percent per annum | -4.4 Percent per annum | 16.14 Percent per annum | 10 |
| 2010s | 2.74 Percent per annum | -50.34 Percent per annum | 86.83 Percent per annum | 10 |
| 2020s | 2.62 Percent per annum | -29.46 Percent per annum | 28.33 Percent per annum | 10 |
Countries ranked near Libya
- 115 Bolivia 2.3 Percent per annum compare
- 115 El Salvador 2.3 Percent per annum compare
- 117 Luxembourg 2.3 Percent per annum compare
- 119 Australia 2.26 Percent per annum compare
- 120 Turkmenistan 2.25 Percent per annum compare
- 121 Uruguay 2.2 Percent per annum compare
More economy & growth data for Libya
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.31 Percent per annum (2029)
- Industry (including construction), value added (constant 2015 US$) 17.43 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.622 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 4,011 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 17.43 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 1.34 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 8,661 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate -5.8 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.2691 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 1,735 current US$ per person (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 02 - annual real gdp in Libya?
- Africa's development dynamics (afdd) table 02 - annual real gdp in Libya was 2.3 Percent per annum in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 02 - annual real gdp recorded in Libya?
- The highest recorded value was 86.83 Percent per annum in 2012.
- What is the lowest africa's development dynamics (afdd) table 02 - annual real gdp recorded in Libya?
- The lowest recorded value was -50.34 Percent per annum in 2011.
- How does Libya rank for africa's development dynamics (afdd) table 02 - annual real gdp?
- Libya ranks 118th out of 166 countries with data for 2029.
- Is africa's development dynamics (afdd) table 02 - annual real gdp rising or falling in Libya?
- Over the last ten years it is up 120.5%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP growth rate — Growth rate of real gross domestic product. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 40 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 2 shows the full time series of annual real GDP growth, up to present, and including projected real GDP growth rates over the next five years.