Gross domestic product (GDP), Current prices, Domestic currency in Libya
Libya: Gross domestic product (GDP), Current prices, Domestic currency was 45.58 in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency in Libya, 1970–2019
Source: International Monetary Fund.
Analysis
Libya recorded 45.58 for gross domestic product (gdp), current prices, domestic currency in 2019.
The figure is down 3.9% on the previous year and down 47.2% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in Libya peaked at 127.64 in 2012 and was at its lowest, 1.42, in 1970.
Libya ranks 152nd of 194 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Current prices, Domestic currency in Libya, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 1.42 | — |
| 1971 | 1.74 | +22.4% |
| 1972 | 1.92 | +10.6% |
| 1973 | 2.4 | +24.9% |
| 1974 | 4.15 | +72.9% |
| 1975 | 4.04 | -2.7% |
| 1976 | 5.25 | +29.8% |
| 1977 | 6.16 | +17.4% |
| 1978 | 6.08 | -1.3% |
| 1979 | 8.39 | +38.0% |
| 1980 | 11.3 | +34.8% |
| 1981 | 9.9 | -12.4% |
| 1982 | 9.72 | -1.8% |
| 1983 | 9.41 | -3.2% |
| 1984 | 8.57 | -9.0% |
| 1985 | 8.85 | +3.3% |
| 1986 | 7.67 | -13.3% |
| 1987 | 6.73 | -12.3% |
| 1988 | 7.3 | +8.6% |
| 1989 | 8.11 | +11.0% |
| 1990 | 8.8 | +8.6% |
| 1991 | 9.66 | +9.7% |
| 1992 | 10.26 | +6.2% |
| 1993 | 10.04 | -2.2% |
| 1994 | 10.72 | +6.8% |
| 1995 | 11.83 | +10.4% |
| 1996 | 13.66 | +15.5% |
| 1997 | 15.3 | +12.0% |
| 1998 | 13.98 | -8.6% |
| 1999 | 15.6 | +11.6% |
| 2000 | 19.7 | +26.3% |
| 2001 | 20.61 | +4.6% |
| 2002 | 27.84 | +35.1% |
| 2003 | 33.92 | +21.8% |
| 2004 | 43.45 | +28.1% |
| 2005 | 59.47 | +36.9% |
| 2006 | 72.35 | +21.7% |
| 2007 | 79.13 | +9.4% |
| 2008 | 116.64 | +47.4% |
| 2009 | 86.29 | -26.0% |
| 2010 | 102.54 | +18.8% |
| 2011 | 49.69 | -51.5% |
| 2012 | 127.64 | +156.9% |
| 2013 | 83.71 | -34.4% |
| 2014 | 43.03 | -48.6% |
| 2015 | 24.4 | -43.3% |
| 2016 | 21.3 | -12.7% |
| 2017 | 34.57 | +62.3% |
| 2018 | 47.41 | +37.1% |
| 2019 | 45.58 | -3.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.16 | 1.42 | 8.39 | 10 |
| 1980s | 8.76 | 6.73 | 11.3 | 10 |
| 1990s | 11.99 | 8.8 | 15.6 | 10 |
| 2000s | 55.94 | 19.7 | 116.64 | 10 |
| 2010s | 57.99 | 21.3 | 127.64 | 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 8.17 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3227 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 2,081 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -3.79 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth 5.63 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual -31.67 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0796 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 513.46 current LCU per person (2025)
Frequently asked questions
- What is gross domestic product (gdp), current prices, domestic currency in Libya?
- Gross domestic product (gdp), current prices, domestic currency in Libya was 45.58 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Libya?
- The highest recorded value was 127.64 in 2012.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Libya?
- The lowest recorded value was 1.42 in 1970.
- How does Libya rank for gross domestic product (gdp), current prices, domestic currency?
- Libya ranks 152nd out of 194 countries with data for 2019.
- Is gross domestic product (gdp), current prices, domestic currency rising or falling in Libya?
- Over the last ten years it is down 47.2%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Current prices, Domestic currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.