GDP in Libya
Libya: GDP was 48.10 billion current US$ in 2025. ◆ Volatile
Latest (2025)
48.10 billion current US$
Change on year
down 0.8%
World rank
102nd
of 214 countries
All-time high
92.54 billion current US$
in 2012
All-time low
401.64 million current US$
in 1960
Years of data
66
1960–2025
GDP in Libya, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2025, gdp in Libya stood at 48.10 billion current US$.
Compared with earlier readings it is down 0.8% on the previous year and down 1.3% over ten years.
Over the whole period, gdp in Libya peaked at 92.54 billion current US$ in 2012 and was at its lowest, 401.64 million current US$, in 1960.
That places Libya 102nd out of 214 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP in Libya, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 401.64 million current US$ | — |
| 1961 | 443.91 million current US$ | +10.5% |
| 1962 | 619.73 million current US$ | +39.6% |
| 1963 | 892.33 million current US$ | +44.0% |
| 1964 | 1.34 billion current US$ | +50.3% |
| 1965 | 1.80 billion current US$ | +34.6% |
| 1966 | 2.31 billion current US$ | +28.1% |
| 1967 | 2.73 billion current US$ | +17.9% |
| 1968 | 3.85 billion current US$ | +41.2% |
| 1969 | 4.38 billion current US$ | +13.8% |
| 1970 | 4.60 billion current US$ | +5.0% |
| 1971 | 5.26 billion current US$ | +14.3% |
| 1972 | 6.30 billion current US$ | +19.8% |
| 1973 | 8.63 billion current US$ | +36.9% |
| 1974 | 15.11 billion current US$ | +75.2% |
| 1975 | 14.71 billion current US$ | -2.7% |
| 1976 | 19.10 billion current US$ | +29.8% |
| 1977 | 22.43 billion current US$ | +17.4% |
| 1978 | 22.14 billion current US$ | -1.3% |
| 1979 | 30.54 billion current US$ | +37.9% |
| 1980 | 40.95 billion current US$ | +34.1% |
| 1981 | 36.37 billion current US$ | -11.2% |
| 1982 | 33.76 billion current US$ | -7.2% |
| 1983 | 33.20 billion current US$ | -1.7% |
| 1984 | 29.48 billion current US$ | -11.2% |
| 1985 | 31.53 billion current US$ | +7.0% |
| 1986 | 24.18 billion current US$ | -23.3% |
| 1987 | 26.70 billion current US$ | +10.4% |
| 1988 | 24.31 billion current US$ | -8.9% |
| 1989 | 25.16 billion current US$ | +3.5% |
| 1990 | 28.90 billion current US$ | +14.9% |
| 1991 | 31.99 billion current US$ | +10.7% |
| 1992 | 33.89 billion current US$ | +5.9% |
| 1993 | 30.66 billion current US$ | -9.5% |
| 1994 | 28.61 billion current US$ | -6.7% |
| 1995 | 25.54 billion current US$ | -10.7% |
| 1996 | 27.88 billion current US$ | +9.2% |
| 1997 | 30.70 billion current US$ | +10.1% |
| 1998 | 27.25 billion current US$ | -11.2% |
| 1999 | 35.98 billion current US$ | +32.0% |
| 2000 | 38.27 billion current US$ | +6.4% |
| 2001 | 34.11 billion current US$ | -10.9% |
| 2002 | 20.48 billion current US$ | -40.0% |
| 2003 | 26.27 billion current US$ | +28.2% |
| 2004 | 33.12 billion current US$ | +26.1% |
| 2005 | 47.33 billion current US$ | +42.9% |
| 2006 | 60.09 billion current US$ | +27.0% |
| 2007 | 68.03 billion current US$ | +13.2% |
| 2008 | 86.71 billion current US$ | +27.5% |
| 2009 | 60.81 billion current US$ | -29.9% |
| 2010 | 75.38 billion current US$ | +24.0% |
| 2011 | 48.17 billion current US$ | -36.1% |
| 2012 | 92.54 billion current US$ | +92.1% |
| 2013 | 75.35 billion current US$ | -18.6% |
| 2014 | 57.37 billion current US$ | -23.9% |
| 2015 | 48.72 billion current US$ | -15.1% |
| 2016 | 49.91 billion current US$ | +2.5% |
| 2017 | 67.16 billion current US$ | +34.6% |
| 2018 | 76.69 billion current US$ | +14.2% |
| 2019 | 69.25 billion current US$ | -9.7% |
| 2020 | 46.85 billion current US$ | -32.3% |
| 2021 | 35.22 billion current US$ | -24.8% |
| 2022 | 43.25 billion current US$ | +22.8% |
| 2023 | 44.03 billion current US$ | +1.8% |
| 2024 | 48.49 billion current US$ | +10.1% |
| 2025 | 48.10 billion current US$ | -0.8% |
Libya compared with similar countries
- Libya's 48.10 billion current US$ is above the median for upper middle income countries, which is 48.10 billion current US$, 1.0× the median. (59 countries reporting)
- Libya's 48.10 billion current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 109.61 billion current US$, 44% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.88 billion current US$ | 401.64 million current US$ | 4.38 billion current US$ | 10 |
| 1970s | 14.88 billion current US$ | 4.60 billion current US$ | 30.54 billion current US$ | 10 |
| 1980s | 30.56 billion current US$ | 24.18 billion current US$ | 40.95 billion current US$ | 10 |
| 1990s | 30.14 billion current US$ | 25.54 billion current US$ | 35.98 billion current US$ | 10 |
| 2000s | 47.52 billion current US$ | 20.48 billion current US$ | 86.71 billion current US$ | 10 |
| 2010s | 66.05 billion current US$ | 48.17 billion current US$ | 92.54 billion current US$ | 10 |
| 2020s | 44.32 billion current US$ | 35.22 billion current US$ | 48.49 billion current US$ | 6 |
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$), annual growth rate 12.66 % change on previous year (2025)
Frequently asked questions
- What is gdp in Libya?
- Gdp in Libya was 48.10 billion current US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in Libya?
- The highest recorded value was 92.54 billion current US$ in 2012.
- What is the lowest gdp recorded in Libya?
- The lowest recorded value was 401.64 million current US$ in 1960.
- How does Libya rank for gdp?
- Libya ranks 102nd out of 214 countries with data for 2025.
- Is gdp rising or falling in Libya?
- Over the last ten years it is down 1.3%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.