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% |
Libya compared with similar countries
- Libya's 45.58 is below the median for upper middle income countries, which is 697.54, 7% of the median. (57 countries reporting)
- Libya's 45.58 is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1,398, 3% of the median. (22 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), Current prices, Domestic currency 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 | +156.9% | 49.69 | 127.64 |
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)
- SDRs holdings, US dollar, annual growth rate 6.09 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.094 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 605.92 units per person (2025)
- SDRs holdings, SDR, annual growth rate 1.03 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0686 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 442.44 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0332 units per US$ of GDP (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.
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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.