GDP Deflator — Value Standard Local Currency, 2015 prices in Libya
Libya: GDP Deflator — Value Standard Local Currency, 2015 prices was 424.42 SLC in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices in Libya, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
The most recent figure for gdp deflator — value standard local currency, 2015 prices in Libya is 424.42 SLC, measured in 2024.
That represents a change of up 4.5% on the previous year and up 294.5% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in Libya peaked at 439.61 SLC in 2022 and was at its lowest, 3.41 SLC, in 1970.
Libya ranks 15th of 207 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.65 SLC | 3.41 SLC | 9.98 SLC | 10 |
| 1980s | 13.19 SLC | 12.27 SLC | 14.47 SLC | 10 |
| 1990s | 16.95 SLC | 13.09 SLC | 21.7 SLC | 10 |
| 2000s | 55.47 SLC | 26.78 SLC | 91.91 SLC | 10 |
| 2010s | 104.64 SLC | 82.39 SLC | 115.03 SLC | 10 |
| 2020s | 344.08 SLC | 154.97 SLC | 439.61 SLC | 5 |
Countries ranked near Libya
More economy & growth data for Libya
- External balance on goods and services as a percent of gdp 5.77 (2025)
- Inflation of consumer prices 1.84 (2025)
- Gdp per capita worldbank constant usd 8,634 (2025)
- Manufacturing value added to gdp 2.81 (2017)
- Gdp worldbank constant usd 64.40 billion (2025)
- Gdp per capita in international and market dollars 8,634 (2025)
- DEC alternative conversion factor 5.31 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -22.55 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -4.25 billion current US$ (2025)
- Taxes less subsidies on products -4.24 billion current LCU (2025)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices in Libya?
- Gdp deflator — value standard local currency, 2015 prices in Libya was 424.42 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value standard local currency, 2015 prices recorded in Libya?
- The highest recorded value was 439.61 SLC in 2022.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Libya?
- The lowest recorded value was 3.41 SLC in 1970.
- How does Libya rank for gdp deflator — value standard local currency, 2015 prices?
- Libya ranks 15th out of 207 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in Libya?
- Over the last ten years it is up 294.5%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).