GDP Deflator — Value US$, 2015 prices, annual growth rate in Libya
Libya: GDP Deflator — Value US$, 2015 prices, annual growth rate was 4.04 % change on previous year in 2024. ◆ Volatile
GDP Deflator — Value US$, 2015 prices, annual growth rate in Libya, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Libya recorded 4.04 % change on previous year for gdp deflator — value us$, 2015 prices, annual growth rate in 2024.
Compared with earlier readings it is up 153.4% on the previous year and up 481.0% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices, annual growth rate in Libya peaked at 43.38 % change on previous year in 1974 and was at its lowest, -41.41 % change on previous year, in 2021.
Libya ranks 70th of 222 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value US$, 2015 prices, annual growth rate in Libya, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 29.5 % change on previous year | — |
| 1972 | 9.74 % change on previous year | -67.0% |
| 1973 | 34.33 % change on previous year | +252.4% |
| 1974 | 43.38 % change on previous year | +26.4% |
| 1975 | -6.43 % change on previous year | -114.8% |
| 1976 | 5.64 % change on previous year | -187.8% |
| 1977 | 7.89 % change on previous year | +39.9% |
| 1978 | -4.47 % change on previous year | -156.6% |
| 1979 | 26.61 % change on previous year | -696.0% |
| 1980 | 33.86 % change on previous year | +27.2% |
| 1981 | 8.36 % change on previous year | -75.3% |
| 1982 | -4.45 % change on previous year | -153.3% |
| 1983 | -0.7454 % change on previous year | -83.3% |
| 1984 | -4.16 % change on previous year | +458.3% |
| 1985 | -4.65 % change on previous year | +11.7% |
| 1986 | -8.21 % change on previous year | +76.5% |
| 1987 | 9.15 % change on previous year | -211.5% |
| 1988 | 4.93 % change on previous year | -46.1% |
| 1989 | -1.25 % change on previous year | -125.3% |
| 1990 | 10.78 % change on previous year | -962.3% |
| 1991 | -4.3 % change on previous year | -139.9% |
| 1992 | 8.88 % change on previous year | -306.5% |
| 1993 | -5.98 % change on previous year | -167.4% |
| 1994 | -8.46 % change on previous year | +41.3% |
| 1995 | -5.97 % change on previous year | -29.4% |
| 1996 | 8.26 % change on previous year | -238.4% |
| 1997 | 0.8478 % change on previous year | -89.7% |
| 1998 | -6.62 % change on previous year | -880.3% |
| 1999 | 11.68 % change on previous year | -276.6% |
| 2000 | 11.75 % change on previous year | +0.6% |
| 2001 | -11.91 % change on previous year | -201.4% |
| 2002 | -34.85 % change on previous year | +192.6% |
| 2003 | 5.99 % change on previous year | -117.2% |
| 2004 | 21.51 % change on previous year | +259.1% |
| 2005 | 23.78 % change on previous year | +10.6% |
| 2006 | 15.44 % change on previous year | -35.1% |
| 2007 | 6.57 % change on previous year | -57.4% |
| 2008 | 27.66 % change on previous year | +320.9% |
| 2009 | -26.64 % change on previous year | -196.3% |
| 2010 | 18.03 % change on previous year | -167.7% |
| 2011 | 28.67 % change on previous year | +59.0% |
| 2012 | 2.83 % change on previous year | -90.1% |
| 2013 | -0.7042 % change on previous year | -124.9% |
| 2014 | -1.06 % change on previous year | +50.8% |
| 2015 | -14.36 % change on previous year | +1253.0% |
| 2016 | 4 % change on previous year | -127.9% |
| 2017 | 1.55 % change on previous year | -61.2% |
| 2018 | 5.79 % change on previous year | +272.5% |
| 2019 | 1.69 % change on previous year | -70.7% |
| 2020 | 35.66 % change on previous year | +2004.5% |
| 2021 | -41.41 % change on previous year | -216.2% |
| 2022 | 39.7 % change on previous year | -195.9% |
| 2023 | -7.57 % change on previous year | -119.1% |
| 2024 | 4.04 % change on previous year | -153.4% |
Libya compared with similar countries
- Libya's 4.04 % change on previous year is above the median for upper middle income countries, which is 3.03 % change on previous year, 1.3× the median. (51 countries reporting)
- Libya's 4.04 % change on previous year is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.06 % change on previous year, 1.3× the median. (21 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value US$, 2015 prices, annual growth rate in Libya changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | +2004.5% | 1.69 % change on previous year | 35.66 % change on previous year |
| 2015 | -1253.0% | -1.06 % change on previous year | -14.36 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.24 % change on previous year | -6.43 % change on previous year | 43.38 % change on previous year | 9 |
| 1980s | 3.28 % change on previous year | -8.21 % change on previous year | 33.86 % change on previous year | 10 |
| 1990s | 0.9119 % change on previous year | -8.46 % change on previous year | 11.68 % change on previous year | 10 |
| 2000s | 3.93 % change on previous year | -34.85 % change on previous year | 27.66 % change on previous year | 10 |
| 2010s | 4.64 % change on previous year | -14.36 % change on previous year | 28.67 % change on previous year | 10 |
| 2020s | 6.08 % change on previous year | -41.41 % change on previous year | 39.7 % change on previous year | 5 |
Countries ranked near Libya
- 67 Micronesia 4.18 % change on previous year compare
- 68 Chad 4.14 % change on previous year compare
- 69 Montenegro 4.06 % change on previous year compare
- 71 Namibia 3.91 % change on previous year compare
- 72 Estonia 3.84 % change on previous year compare
- 73 Palau 3.77 % change on previous year compare
More economy & growth data for Libya
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.31 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate 12.66 % change on previous year (2025)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices, annual growth rate in Libya?
- Gdp deflator — value us$, 2015 prices, annual growth rate in Libya was 4.04 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Libya?
- The highest recorded value was 43.38 % change on previous year in 1974.
- What is the lowest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Libya?
- The lowest recorded value was -41.41 % change on previous year in 2021.
- How does Libya rank for gdp deflator — value us$, 2015 prices, annual growth rate?
- Libya ranks 70th out of 222 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices, annual growth rate rising or falling in Libya?
- Over the last ten years it is up 481.0%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from Statizoid (derived), published as part of GDP Deflator — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP Deflator — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Deflator — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP Deflator — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.