Divergence of GDP per capita among latecomers to the capitalist revolution in Libya
Libya: Divergence of GDP per capita among latecomers to the capitalist revolution was 15,013 2011$ in 2018. ◆ Volatile
Latest (2018)
15,013 2011$
Change on year
up 15.4%
World rank
65th
of 145 countries
All-time high
29,766 2011$
in 2012
All-time low
620 2011$
in 1950
Years of data
69
1950–2018
Divergence of GDP per capita among latecomers to the capitalist revolution in Libya, 1950–2018
Source: Maddison Project Database (2018) – processed by Our World in Data. Measured in 2011$.
Analysis
In 2018, divergence of gdp per capita among latecomers to the capitalist revolution in Libya stood at 15,013 2011$.
The figure is up 15.4% on the previous year and down 40.3% over ten years.
Over the whole period, divergence of gdp per capita among latecomers to the capitalist revolution in Libya peaked at 29,766 2011$ in 2012 and was at its lowest, 620 2011$, in 1950.
Libya ranks 65th of 145 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Divergence of GDP per capita among latecomers to the capitalist revolution in Libya, year by year
| Year | 2011$ | Change |
|---|---|---|
| 1950 | 620 2011$ | — |
| 1951 | 668 2011$ | +7.7% |
| 1952 | 697 2011$ | +4.3% |
| 1953 | 685 2011$ | -1.7% |
| 1954 | 662 2011$ | -3.4% |
| 1955 | 807 2011$ | +21.9% |
| 1956 | 950 2011$ | +17.7% |
| 1957 | 958 2011$ | +0.8% |
| 1958 | 1,020 2011$ | +6.5% |
| 1959 | 1,063 2011$ | +4.2% |
| 1960 | 1,323 2011$ | +24.5% |
| 1961 | 1,400 2011$ | +5.8% |
| 1962 | 1,788 2011$ | +27.7% |
| 1963 | 2,322 2011$ | +29.9% |
| 1964 | 3,156 2011$ | +35.9% |
| 1965 | 3,889 2011$ | +23.2% |
| 1966 | 4,417 2011$ | +13.6% |
| 1967 | 4,733 2011$ | +7.2% |
| 1968 | 6,071 2011$ | +28.3% |
| 1969 | 6,539 2011$ | +7.7% |
| 1970 | 6,591 2011$ | +0.8% |
| 1971 | 6,008 2011$ | -8.8% |
| 1972 | 6,237 2011$ | +3.8% |
| 1973 | 6,005 2011$ | -3.7% |
| 1974 | 6,923 2011$ | +15.3% |
| 1975 | 6,872 2011$ | -0.7% |
| 1976 | 8,142 2011$ | +18.5% |
| 1977 | 8,682 2011$ | +6.6% |
| 1978 | 8,730 2011$ | +0.6% |
| 1979 | 9,086 2011$ | +4.1% |
| 1980 | 8,741 2011$ | -3.8% |
| 1981 | 6,760 2011$ | -22.7% |
| 1982 | 6,661 2011$ | -1.5% |
| 1983 | 6,237 2011$ | -6.4% |
| 1984 | 5,695 2011$ | -8.7% |
| 1985 | 6,092 2011$ | +7.0% |
| 1986 | 5,370 2011$ | -11.9% |
| 1987 | 4,465 2011$ | -16.9% |
| 1988 | 4,670 2011$ | +4.6% |
| 1989 | 4,873 2011$ | +4.3% |
| 1990 | 4,921 2011$ | +1.0% |
| 1991 | 5,977 2011$ | +21.5% |
| 1992 | 6,113 2011$ | +2.3% |
| 1993 | 6,191 2011$ | +1.3% |
| 1994 | 6,645 2011$ | +7.3% |
| 1995 | 6,899 2011$ | +3.8% |
| 1996 | 7,544 2011$ | +9.3% |
| 1997 | 8,422 2011$ | +11.6% |
| 1998 | 8,545 2011$ | +1.5% |
| 1999 | 9,064 2011$ | +6.1% |
| 2000 | 9,771 2011$ | +7.8% |
| 2001 | 10,354 2011$ | +6.0% |
| 2002 | 10,788 2011$ | +4.2% |
| 2003 | 12,871 2011$ | +19.3% |
| 2004 | 14,193 2011$ | +10.3% |
| 2005 | 16,539 2011$ | +16.5% |
| 2006 | 18,657 2011$ | +12.8% |
| 2007 | 20,732 2011$ | +11.1% |
| 2008 | 25,141 2011$ | +21.3% |
| 2009 | 26,404 2011$ | +5.0% |
| 2010 | 29,157 2011$ | +10.4% |
| 2011 | 12,893 2011$ | -55.8% |
| 2012 | 29,766 2011$ | +130.9% |
| 2013 | 13,326 2011$ | -55.2% |
| 2014 | 9,736 2011$ | -26.9% |
| 2015 | 8,514 2011$ | -12.6% |
| 2016 | 8,096 2011$ | -4.9% |
| 2017 | 13,008 2011$ | +60.7% |
| 2018 | 15,013 2011$ | +15.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 813 2011$ | 620 2011$ | 1,063 2011$ | 10 |
| 1960s | 3,564 2011$ | 1,323 2011$ | 6,539 2011$ | 10 |
| 1970s | 7,328 2011$ | 6,005 2011$ | 9,086 2011$ | 10 |
| 1980s | 5,956 2011$ | 4,465 2011$ | 8,741 2011$ | 10 |
| 1990s | 7,032 2011$ | 4,921 2011$ | 9,064 2011$ | 10 |
| 2000s | 16,545 2011$ | 9,771 2011$ | 26,404 2011$ | 10 |
| 2010s | 15,501 2011$ | 8,096 2011$ | 29,766 2011$ | 9 |
Countries ranked near Libya
More economy & growth data for Libya
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.31 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -56.51 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0012 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -7.66 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 794.70 million BoP, current US$ (2023)
- Foreign direct investment, net inflows (BoP, current US$), annual 13.21 % change on previous year (2023)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0181 BoP, current US$ per US$ of GDP (2023)
- Foreign direct investment, net inflows (BoP, current US$), per capita 108.78 BoP, current US$ per person (2023)
- Total reserves (includes gold, current US$), annual growth rate 12.66 % change on previous year (2025)
Frequently asked questions
- What is divergence of gdp per capita among latecomers to the capitalist revolution in Libya?
- Divergence of gdp per capita among latecomers to the capitalist revolution in Libya was 15,013 2011$ in 2018, according to Maddison Project Database (2018) – processed by Our World in Data.
- What is the highest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Libya?
- The highest recorded value was 29,766 2011$ in 2012.
- What is the lowest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Libya?
- The lowest recorded value was 620 2011$ in 1950.
- How does Libya rank for divergence of gdp per capita among latecomers to the capitalist revolution?
- Libya ranks 65th out of 145 countries with data for 2018.
- Is divergence of gdp per capita among latecomers to the capitalist revolution rising or falling in Libya?
- Over the last ten years it is down 40.3%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from Maddison Project Database (2018) – processed by Our World in Data, published as part of Divergence of GDP per capita among latecomers to the capitalist revolution. Statizoid updates them automatically from the source API.
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About this data
Unit 1 'The capitalist revolution: prosperity, inequality, and planetary limits’ in The CORE Team, The Economy 2.0 Microeconomics. Available at: https://tinyco.re/4329598 [Figure 1.19]