GDP in Libya
Libya: GDP was 234.30 billion in 2024. β Volatile
Latest (2024)
234.30 billion
Change on year
up 10.6%
World rank
48th
of 74 countries
All-time high
234.30 billion
in 2024
All-time low
143.44 million
in 1960
Years of data
65
1960β2024
GDP in Libya, 1960β2024
Source: UNICEF.
Analysis
In 2024, gdp in Libya stood at 234.30 billion. That is the highest value across all 65 years on record.
The figure is up 10.6% on the previous year and up 221.0% over ten years.
Over the whole period, gdp in Libya peaked at 234.30 billion in 2024 and was at its lowest, 143.44 million, in 1960.
Libya ranks 48th of 74 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 670.54 million | 143.44 million | 1.56 billion | 10 |
| 1970s | 4.49 billion | 1.64 billion | 9.04 billion | 10 |
| 1980s | 9.08 billion | 6.96 billion | 12.12 billion | 10 |
| 1990s | 11.24 billion | 8.19 billion | 16.69 billion | 10 |
| 2000s | 55.20 billion | 19.60 billion | 106.10 billion | 10 |
| 2010s | 87.18 billion | 58.97 billion | 116.75 billion | 10 |
| 2020s | 175.68 billion | 65.06 billion | 234.30 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 234.30 billion in 2024, according to UNICEF.
- What is the highest gdp recorded in Libya?
- The highest recorded value was 234.30 billion in 2024.
- What is the lowest gdp recorded in Libya?
- The lowest recorded value was 143.44 million in 1960.
- How does Libya rank for gdp?
- Libya ranks 48th out of 74 countries with data for 2024.
- Is gdp rising or falling in Libya?
- Over the last ten years it is up 221.0%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from UNICEF, published as part of GDP (current 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).