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
Latest (2022)
91.44 billion international-$ in 2011 prices
Change on year
down 12.8%
World rank
89th
of 166 countries
All-time high
187.53 billion international-$ in 2011 prices
in 2010
All-time low
596.01 million international-$ in 2011 prices
in 1950
Years of data
73
1950–2022
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 89th of 166 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.
Gross domestic product (GDP) by world region in Libya, year by year
| Year | international-$ in 2011 prices | Change |
|---|---|---|
| 1950 | 596.01 million international-$ in 2011 prices | — |
| 1951 | 661.05 million international-$ in 2011 prices | +10.9% |
| 1952 | 710.75 million international-$ in 2011 prices | +7.5% |
| 1953 | 720.51 million international-$ in 2011 prices | +1.4% |
| 1954 | 718.96 million international-$ in 2011 prices | -0.2% |
| 1955 | 905.84 million international-$ in 2011 prices | +26.0% |
| 1956 | 1.10 billion international-$ in 2011 prices | +21.8% |
| 1957 | 1.15 billion international-$ in 2011 prices | +4.4% |
| 1958 | 1.27 billion international-$ in 2011 prices | +10.3% |
| 1959 | 1.37 billion international-$ in 2011 prices | +8.0% |
| 1960 | 1.77 billion international-$ in 2011 prices | +29.1% |
| 1961 | 1.94 billion international-$ in 2011 prices | +9.8% |
| 1962 | 2.58 billion international-$ in 2011 prices | +32.6% |
| 1963 | 3.48 billion international-$ in 2011 prices | +35.0% |
| 1964 | 4.92 billion international-$ in 2011 prices | +41.5% |
| 1965 | 6.31 billion international-$ in 2011 prices | +28.2% |
| 1966 | 7.48 billion international-$ in 2011 prices | +18.5% |
| 1967 | 8.33 billion international-$ in 2011 prices | +11.3% |
| 1968 | 11.13 billion international-$ in 2011 prices | +33.7% |
| 1969 | 12.57 billion international-$ in 2011 prices | +13.0% |
| 1970 | 13.18 billion international-$ in 2011 prices | +4.8% |
| 1971 | 12.48 billion international-$ in 2011 prices | -5.3% |
| 1972 | 13.62 billion international-$ in 2011 prices | +9.1% |
| 1973 | 13.89 billion international-$ in 2011 prices | +1.9% |
| 1974 | 16.97 billion international-$ in 2011 prices | +22.2% |
| 1975 | 17.66 billion international-$ in 2011 prices | +4.1% |
| 1976 | 21.71 billion international-$ in 2011 prices | +22.9% |
| 1977 | 23.63 billion international-$ in 2011 prices | +8.9% |
| 1978 | 24.42 billion international-$ in 2011 prices | +3.3% |
| 1979 | 26.61 billion international-$ in 2011 prices | +9.0% |
| 1980 | 26.79 billion international-$ in 2011 prices | +0.7% |
| 1981 | 21.66 billion international-$ in 2011 prices | -19.2% |
| 1982 | 22.27 billion international-$ in 2011 prices | +2.8% |
| 1983 | 21.73 billion international-$ in 2011 prices | -2.4% |
| 1984 | 20.64 billion international-$ in 2011 prices | -5.0% |
| 1985 | 22.39 billion international-$ in 2011 prices | +8.5% |
| 1986 | 19.87 billion international-$ in 2011 prices | -11.3% |
| 1987 | 16.97 billion international-$ in 2011 prices | -14.6% |
| 1988 | 18.28 billion international-$ in 2011 prices | +7.7% |
| 1989 | 19.62 billion international-$ in 2011 prices | +7.4% |
| 1990 | 20.37 billion international-$ in 2011 prices | +3.8% |
| 1991 | 25.39 billion international-$ in 2011 prices | +24.6% |
| 1992 | 26.62 billion international-$ in 2011 prices | +4.8% |
| 1993 | 27.60 billion international-$ in 2011 prices | +3.7% |
| 1994 | 30.32 billion international-$ in 2011 prices | +9.8% |
| 1995 | 31.94 billion international-$ in 2011 prices | +5.4% |
| 1996 | 35.21 billion international-$ in 2011 prices | +10.2% |
| 1997 | 39.98 billion international-$ in 2011 prices | +13.6% |
| 1998 | 41.62 billion international-$ in 2011 prices | +4.1% |
| 1999 | 45.26 billion international-$ in 2011 prices | +8.7% |
| 2000 | 49.98 billion international-$ in 2011 prices | +10.4% |
| 2001 | 54.23 billion international-$ in 2011 prices | +8.5% |
| 2002 | 57.79 billion international-$ in 2011 prices | +6.6% |
| 2003 | 70.48 billion international-$ in 2011 prices | +22.0% |
| 2004 | 79.42 billion international-$ in 2011 prices | +12.7% |
| 2005 | 94.52 billion international-$ in 2011 prices | +19.0% |
| 2006 | 108.87 billion international-$ in 2011 prices | +15.2% |
| 2007 | 123.72 billion international-$ in 2011 prices | +13.6% |
| 2008 | 153.73 billion international-$ in 2011 prices | +24.3% |
| 2009 | 165.56 billion international-$ in 2011 prices | +7.7% |
| 2010 | 187.53 billion international-$ in 2011 prices | +13.3% |
| 2011 | 79.21 billion international-$ in 2011 prices | -57.8% |
| 2012 | 147.99 billion international-$ in 2011 prices | +86.8% |
| 2013 | 121.35 billion international-$ in 2011 prices | -18.0% |
| 2014 | 93.39 billion international-$ in 2011 prices | -23.0% |
| 2015 | 92.60 billion international-$ in 2011 prices | -0.8% |
| 2016 | 91.22 billion international-$ in 2011 prices | -1.5% |
| 2017 | 120.86 billion international-$ in 2011 prices | +32.5% |
| 2018 | 130.46 billion international-$ in 2011 prices | +7.9% |
| 2019 | 115.85 billion international-$ in 2011 prices | -11.2% |
| 2020 | 81.73 billion international-$ in 2011 prices | -29.5% |
| 2021 | 104.88 billion international-$ in 2011 prices | +28.3% |
| 2022 | 91.44 billion international-$ in 2011 prices | -12.8% |
Libya compared with similar countries
- Libya's 91.44 billion international-$ in 2011 prices is below the median for upper middle income countries, which is 146.22 billion international-$ in 2011 prices, 63% of the median. (47 countries reporting)
- Libya's 91.44 billion international-$ in 2011 prices is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 177.35 billion international-$ in 2011 prices, 52% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP) by world region 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 |
|---|---|---|---|
| 2012 | +86.8% | 79.21 billion international-$ in 2011 prices | 147.99 billion international-$ in 2011 prices |
| 2011 | -57.8% | 187.53 billion international-$ in 2011 prices | 79.21 billion international-$ in 2011 prices |
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
- 86 Turkmenistan 97.50 billion international-$ in 2011 prices compare
- 87 Nepal 95.97 billion international-$ in 2011 prices compare
- 88 Panama 94.76 billion international-$ in 2011 prices compare
- 90 Democratic Republic of Congo 91.31 billion international-$ in 2011 prices compare
- 91 Lithuania 84.81 billion international-$ in 2011 prices compare
- 92 Cuba 84.16 billion international-$ in 2011 prices 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$), annual growth rate 12.66 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) by world region in Libya?
- Gross domestic product (gdp) by world region in Libya was 91.44 billion international-$ 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 89th out of 166 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.
Download this data
CSV · JSON — 73 observations, free to reuse under CC BY 4.0 (Our World in Data).
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.