GDP in Libya
Libya: GDP was 85.26 billion in 2024. β² Rising
Latest (2024)
85.26 billion
Change on year
up 1.9%
World rank
49th
of 74 countries
All-time high
125.95 billion
in 2010
All-time low
6.31 billion
in 1960
Years of data
65
1960β2024
GDP in Libya, 1960β2024
Source: UNICEF.
Analysis
Libya recorded 85.26 billion for gdp in 2024.
Compared with earlier readings it is up 1.9% on the previous year and up 15.6% over ten years.
Over the whole period, gdp in Libya peaked at 125.95 billion in 2010 and was at its lowest, 6.31 billion, in 1960.
Libya ranks 49th of 74 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 65 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 22.05 billion | 6.31 billion | 46.05 billion | 10 |
| 1970s | 67.49 billion | 45.78 billion | 97.45 billion | 10 |
| 1980s | 76.79 billion | 61.84 billion | 98.12 billion | 10 |
| 1990s | 81.77 billion | 73.97 billion | 85.78 billion | 10 |
| 2000s | 105.00 billion | 84.09 billion | 125.64 billion | 10 |
| 2010s | 91.00 billion | 62.55 billion | 125.95 billion | 10 |
| 2020s | 78.44 billion | 64.53 billion | 85.26 billion | 5 |
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)
- Taxes less subsidies on products (current LCU), annual growth rate 57.21 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP -0.0882 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita -568.48 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.1351 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 7.4 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 5.41 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.185 (2025)
- Gdp worldbank constant usd, annual growth rate 13.37 % change on previous year (2025)
Frequently asked questions
- What is gdp in Libya?
- Gdp in Libya was 85.26 billion in 2024, according to UNICEF.
- What is the highest gdp recorded in Libya?
- The highest recorded value was 125.95 billion in 2010.
- What is the lowest gdp recorded in Libya?
- The lowest recorded value was 6.31 billion in 1960.
- How does Libya rank for gdp?
- Libya ranks 49th out of 74 countries with data for 2024.
- Is gdp rising or falling in Libya?
- Over the last ten years it is up 15.6%. The long-run trend across the full record is rising.
- Where does this Libya data come from?
- The figures come from UNICEF, published as part of GDP (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 65 observations, free to reuse under UNICEF Terms of Use (attribution required).