Gross domestic product (GDP), Constant prices, Purchasing power in Libya
Libya: Gross domestic product (GDP), Constant prices, Purchasing power was 73.89 in 2019. ▬ Flat
Gross domestic product (GDP), Constant prices, Purchasing power in Libya, 1970–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross domestic product (gdp), constant prices, purchasing power in Libya is 73.89, measured in 2019.
Compared with earlier readings it is up 9.9% on the previous year and down 78.9% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Libya peaked at 365.83 in 2010 and was at its lowest, 34.78, in 2016.
That places Libya 99th out of 193 countries with data for 2019, putting it in the middle of the range.
Gross domestic product (GDP), Constant prices, Purchasing power in Libya, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 120.55 | — |
| 1971 | 114.19 | -5.3% |
| 1972 | 124.61 | +9.1% |
| 1973 | 127.03 | +1.9% |
| 1974 | 155.22 | +22.2% |
| 1975 | 161.47 | +4.0% |
| 1976 | 198.41 | +22.9% |
| 1977 | 215.98 | +8.9% |
| 1978 | 223.12 | +3.3% |
| 1979 | 243.11 | +9.0% |
| 1980 | 244.77 | +0.7% |
| 1981 | 197.8 | -19.2% |
| 1982 | 203.35 | +2.8% |
| 1983 | 198.32 | -2.5% |
| 1984 | 188.32 | -5.0% |
| 1985 | 204 | +8.3% |
| 1986 | 180.84 | -11.4% |
| 1987 | 154.26 | -14.7% |
| 1988 | 165.95 | +7.6% |
| 1989 | 177.9 | +7.2% |
| 1990 | 184.51 | +3.7% |
| 1991 | 213.4 | +15.7% |
| 1992 | 207.61 | -2.7% |
| 1993 | 199.8 | -3.8% |
| 1994 | 203.66 | +1.9% |
| 1995 | 199.14 | -2.2% |
| 1996 | 203.39 | +2.1% |
| 1997 | 213.99 | +5.2% |
| 1998 | 206.39 | -3.6% |
| 1999 | 207.94 | +0.7% |
| 2000 | 212.8 | +2.3% |
| 2001 | 213.89 | +0.5% |
| 2002 | 211.22 | -1.3% |
| 2003 | 238.6 | +13.0% |
| 2004 | 249.19 | +4.4% |
| 2005 | 274.83 | +10.3% |
| 2006 | 293.28 | +6.7% |
| 2007 | 308.2 | +5.1% |
| 2008 | 353.3 | +14.6% |
| 2009 | 350.66 | -0.7% |
| 2010 | 365.83 | +4.3% |
| 2011 | 141.69 | -61.3% |
| 2012 | 318.39 | +124.7% |
| 2013 | 152.42 | -52.1% |
| 2014 | 76.05 | -50.1% |
| 2015 | 41.45 | -45.5% |
| 2016 | 34.78 | -16.1% |
| 2017 | 57.04 | +64.0% |
| 2018 | 67.24 | +17.9% |
| 2019 | 73.89 | +9.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 168.37 | 114.19 | 243.11 | 10 |
| 1980s | 191.55 | 154.26 | 244.77 | 10 |
| 1990s | 203.98 | 184.51 | 213.99 | 10 |
| 2000s | 270.6 | 211.22 | 353.3 | 10 |
| 2010s | 132.88 | 34.78 | 365.83 | 10 |
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)
- Exports of goods and services (current LCU), annual growth rate 8.88 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 3.8 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 24,534 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 19.14 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.4705 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 3,034 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate -0.7941 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.1427 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product (gdp), constant prices, purchasing power in Libya?
- Gross domestic product (gdp), constant prices, purchasing power in Libya was 73.89 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Libya?
- The highest recorded value was 365.83 in 2010.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Libya?
- The lowest recorded value was 34.78 in 2016.
- How does Libya rank for gross domestic product (gdp), constant prices, purchasing power?
- Libya ranks 99th out of 193 countries with data for 2019.
- Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Libya?
- Over the last ten years it is down 78.9%. The long-run trend across the full record is flat.
- Where does this Libya data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.