GDP (constant LCU) (UNICEF) in Libya
Libya: GDP (constant LCU) (UNICEF) was 85.26 billion in 2024. ▲ 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
1960–2024
GDP in Libya, 1960–2024
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.
GDP (constant LCU) (UNICEF) in Libya, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 6.31 billion | — |
| 1961 | 6.94 billion | +9.9% |
| 1962 | 9.20 billion | +32.5% |
| 1963 | 12.42 billion | +35.0% |
| 1964 | 18.01 billion | +45.1% |
| 1965 | 23.08 billion | +28.1% |
| 1966 | 27.38 billion | +18.6% |
| 1967 | 30.42 billion | +11.1% |
| 1968 | 40.72 billion | +33.9% |
| 1969 | 46.05 billion | +13.1% |
| 1970 | 48.33 billion | +5.0% |
| 1971 | 45.78 billion | -5.3% |
| 1972 | 49.95 billion | +9.1% |
| 1973 | 50.92 billion | +1.9% |
| 1974 | 62.22 billion | +22.2% |
| 1975 | 64.73 billion | +4.0% |
| 1976 | 79.54 billion | +22.9% |
| 1977 | 86.58 billion | +8.9% |
| 1978 | 89.44 billion | +3.3% |
| 1979 | 97.45 billion | +9.0% |
| 1980 | 98.12 billion | +0.7% |
| 1981 | 79.29 billion | -19.2% |
| 1982 | 81.52 billion | +2.8% |
| 1983 | 79.50 billion | -2.5% |
| 1984 | 75.49 billion | -5.0% |
| 1985 | 81.78 billion | +8.3% |
| 1986 | 72.49 billion | -11.4% |
| 1987 | 61.84 billion | -14.7% |
| 1988 | 66.52 billion | +7.6% |
| 1989 | 71.31 billion | +7.2% |
| 1990 | 73.97 billion | +3.7% |
| 1991 | 85.54 billion | +15.7% |
| 1992 | 83.22 billion | -2.7% |
| 1993 | 80.09 billion | -3.8% |
| 1994 | 81.64 billion | +1.9% |
| 1995 | 79.83 billion | -2.2% |
| 1996 | 81.53 billion | +2.1% |
| 1997 | 85.78 billion | +5.2% |
| 1998 | 82.74 billion | -3.6% |
| 1999 | 83.36 billion | +0.7% |
| 2000 | 86.42 billion | +3.7% |
| 2001 | 84.90 billion | -1.8% |
| 2002 | 84.09 billion | -1.0% |
| 2003 | 95.03 billion | +13.0% |
| 2004 | 99.27 billion | +4.5% |
| 2005 | 111.05 billion | +11.9% |
| 2006 | 118.27 billion | +6.5% |
| 2007 | 125.64 billion | +6.2% |
| 2008 | 125.44 billion | -0.2% |
| 2009 | 119.92 billion | -4.4% |
| 2010 | 125.95 billion | +5.0% |
| 2011 | 62.55 billion | -50.3% |
| 2012 | 116.86 billion | +86.8% |
| 2013 | 95.82 billion | -18.0% |
| 2014 | 73.74 billion | -23.0% |
| 2015 | 73.12 billion | -0.8% |
| 2016 | 72.03 billion | -1.5% |
| 2017 | 95.44 billion | +32.5% |
| 2018 | 103.02 billion | +7.9% |
| 2019 | 91.48 billion | -11.2% |
| 2020 | 64.53 billion | -29.5% |
| 2021 | 82.80 billion | +28.3% |
| 2022 | 75.93 billion | -8.3% |
| 2023 | 83.67 billion | +10.2% |
| 2024 | 85.26 billion | +1.9% |
Libya compared with similar countries
- Libya's 85.26 billion is below the median for upper middle income countries, which is 508.57 billion, 17% of the median. (19 countries reporting)
- Libya's 85.26 billion is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 679.88 billion, 13% of the median. (20 countries reporting)
Biggest year-on-year movements
Years where GDP (constant LCU) (UNICEF) in Libya changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | +86.8% | 62.55 billion | 116.86 billion |
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
- Real gdp growth, annual growth rate -240.99 % change on previous year (2019)
- 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)
- SDRs holdings, US dollar, annual growth rate 6.09 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.094 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 605.92 units per person (2025)
- SDRs holdings, SDR, annual growth rate 1.03 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0686 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 442.44 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % 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
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