Gross domestic product (GDP) by world region in Libya
Libya: Gross domestic product (GDP) by world region was 91.44 billion international-$ in 2011 prices in 2022. ◆ Volatile
Gross domestic product (GDP) by world region in Libya, 1950–2022
Source: Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data. Measured in international-$ in 2011 prices.
Analysis
Libya recorded 91.44 billion international-$ in 2011 prices for gross domestic product (gdp) by world region in 2022.
The figure is down 12.8% on the previous year and down 38.2% over ten years.
Over the whole period, gross domestic product (gdp) by world region in Libya peaked at 187.53 billion international-$ in 2011 prices in 2010 and was at its lowest, 596.01 million international-$ in 2011 prices, in 1950.
Libya ranks 88th of 165 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 |
|---|---|---|---|---|
| 1950s | 920.80 million international-$ in 2011 prices | 596.01 million international-$ in 2011 prices | 1.37 billion international-$ in 2011 prices | 10 |
| 1960s | 6.05 billion international-$ in 2011 prices | 1.77 billion international-$ in 2011 prices | 12.57 billion international-$ in 2011 prices | 10 |
| 1970s | 18.42 billion international-$ in 2011 prices | 12.48 billion international-$ in 2011 prices | 26.61 billion international-$ in 2011 prices | 10 |
| 1980s | 21.02 billion international-$ in 2011 prices | 16.97 billion international-$ in 2011 prices | 26.79 billion international-$ in 2011 prices | 10 |
| 1990s | 32.43 billion international-$ in 2011 prices | 20.37 billion international-$ in 2011 prices | 45.26 billion international-$ in 2011 prices | 10 |
| 2000s | 95.83 billion international-$ in 2011 prices | 49.98 billion international-$ in 2011 prices | 165.56 billion international-$ in 2011 prices | 10 |
| 2010s | 118.05 billion international-$ in 2011 prices | 79.21 billion international-$ in 2011 prices | 187.53 billion international-$ in 2011 prices | 10 |
| 2020s | 92.68 billion international-$ in 2011 prices | 81.73 billion international-$ in 2011 prices | 104.88 billion international-$ in 2011 prices | 3 |
Countries ranked near Libya
- 85 Turkmenistan 97.50 billion international-$ in 2011 prices compare
- 86 Nepal 95.97 billion international-$ in 2011 prices compare
- 87 Panama 94.76 billion international-$ in 2011 prices compare
- 89 Democratic Republic of Congo 91.31 billion international-$ in 2011 prices compare
- 90 Lithuania 84.81 billion international-$ in 2011 prices compare
- 91 Cuba 84.16 billion international-$ in 2011 prices compare
More economy & growth data for Libya
- External balance on goods and services as a percent of GDP 5.8% (2025)
- Inflation of consumer prices 1.8% (2025)
- GDP per capita 8,634 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 2.8% (2017)
- Gross domestic product (GDP) 64.40 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 8,634 constant 2015 US$ (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 gross domestic product (gdp) by world region in Libya?
- Gross domestic product (gdp) by world region in Libya was 91.44 billion international-$ in 2011 prices in 2022, according to Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) by world region recorded in Libya?
- The highest recorded value was 187.53 billion international-$ in 2011 prices in 2010.
- What is the lowest gross domestic product (gdp) by world region recorded in Libya?
- The lowest recorded value was 596.01 million international-$ in 2011 prices in 1950.
- How does Libya rank for gross domestic product (gdp) by world region?
- Libya ranks 88th out of 165 countries with data for 2022.
- Is gross domestic product (gdp) by world region rising or falling in Libya?
- Over the last ten years it is down 38.2%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data, published as part of Gross domestic product (GDP) by world region. Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.