Gross Domestic Product — Value Standard Local Currency, 2015 prices in Libya
Libya: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 0 million SLC per US$ of GDP in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Libya, 1970–2024
Source: Statizoid (derived). Measured in million SLC per US$ of GDP.
Analysis
In 2024, gross domestic product — value standard local currency, 2015 prices in Libya stood at 0 million SLC per US$ of GDP.
The figure is down 9.7% on the previous year and down 9.6% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Libya peaked at 0 million SLC per US$ of GDP in 1970 and was at its lowest, 0 million SLC per US$ of GDP, in 2020.
Libya ranks 141st of 193 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 — Value Standard Local Currency, 2015 prices in Libya, year by year
| Year | million SLC per US$ of GDP | Change |
|---|---|---|
| 1970 | 0 million SLC per US$ of GDP | — |
| 1971 | 0 million SLC per US$ of GDP | -17.1% |
| 1972 | 0 million SLC per US$ of GDP | -8.9% |
| 1973 | 0 million SLC per US$ of GDP | -25.6% |
| 1974 | 0 million SLC per US$ of GDP | -30.3% |
| 1975 | 0 million SLC per US$ of GDP | +6.9% |
| 1976 | 0 million SLC per US$ of GDP | -5.3% |
| 1977 | 0 million SLC per US$ of GDP | -7.3% |
| 1978 | 0 million SLC per US$ of GDP | +4.7% |
| 1979 | 0 million SLC per US$ of GDP | -21.0% |
| 1980 | 0 million SLC per US$ of GDP | -24.9% |
| 1981 | 0 million SLC per US$ of GDP | -9.0% |
| 1982 | 0 million SLC per US$ of GDP | +10.8% |
| 1983 | 0 million SLC per US$ of GDP | -0.8% |
| 1984 | 0 million SLC per US$ of GDP | +7.0% |
| 1985 | 0 million SLC per US$ of GDP | +1.3% |
| 1986 | 0 million SLC per US$ of GDP | +15.6% |
| 1987 | 0 million SLC per US$ of GDP | -22.7% |
| 1988 | 0 million SLC per US$ of GDP | +18.1% |
| 1989 | 0 million SLC per US$ of GDP | +3.6% |
| 1990 | 0 million SLC per US$ of GDP | -9.7% |
| 1991 | 0 million SLC per US$ of GDP | +4.5% |
| 1992 | 0 million SLC per US$ of GDP | -8.2% |
| 1993 | 0 million SLC per US$ of GDP | +6.4% |
| 1994 | 0 million SLC per US$ of GDP | +9.2% |
| 1995 | 0 million SLC per US$ of GDP | +9.5% |
| 1996 | 0 million SLC per US$ of GDP | -6.4% |
| 1997 | 0 million SLC per US$ of GDP | -4.4% |
| 1998 | 0 million SLC per US$ of GDP | +8.7% |
| 1999 | 0 million SLC per US$ of GDP | -23.7% |
| 2000 | 0 million SLC per US$ of GDP | -3.8% |
| 2001 | 0 million SLC per US$ of GDP | +12.8% |
| 2002 | 0 million SLC per US$ of GDP | +67.5% |
| 2003 | 0 million SLC per US$ of GDP | -10.3% |
| 2004 | 0 million SLC per US$ of GDP | -15.7% |
| 2005 | 0 million SLC per US$ of GDP | -21.4% |
| 2006 | 0 million SLC per US$ of GDP | -16.1% |
| 2007 | 0 million SLC per US$ of GDP | -6.2% |
| 2008 | 0 million SLC per US$ of GDP | -21.7% |
| 2009 | 0 million SLC per US$ of GDP | +36.3% |
| 2010 | 0 million SLC per US$ of GDP | -15.3% |
| 2011 | 0 million SLC per US$ of GDP | -22.3% |
| 2012 | 0 million SLC per US$ of GDP | -2.8% |
| 2013 | 0 million SLC per US$ of GDP | +0.7% |
| 2014 | 0 million SLC per US$ of GDP | +1.1% |
| 2015 | 0 million SLC per US$ of GDP | +16.8% |
| 2016 | 0 million SLC per US$ of GDP | -3.8% |
| 2017 | 0 million SLC per US$ of GDP | -1.5% |
| 2018 | 0 million SLC per US$ of GDP | -5.5% |
| 2019 | 0 million SLC per US$ of GDP | -1.7% |
| 2020 | 0 million SLC per US$ of GDP | -26.3% |
| 2021 | 0 million SLC per US$ of GDP | +70.7% |
| 2022 | 0 million SLC per US$ of GDP | -28.4% |
| 2023 | 0 million SLC per US$ of GDP | +8.2% |
| 2024 | 0 million SLC per US$ of GDP | -9.7% |
Libya compared with similar countries
- Libya's 0 million SLC per US$ of GDP is below the median for upper middle income countries, which is 0 million SLC per US$ of GDP, 15% of the median. (54 countries reporting)
- Libya's 0 million SLC per US$ of GDP is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0 million SLC per US$ of GDP, 35% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 1980s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 1990s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 2000s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 2010s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 2020s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 5 |
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)
- 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$), annual growth rate 12.66 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value standard local currency, 2015 prices in Libya?
- Gross domestic product — value standard local currency, 2015 prices in Libya was 0 million SLC per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Libya?
- The highest recorded value was 0 million SLC per US$ of GDP in 1970.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Libya?
- The lowest recorded value was 0 million SLC per US$ of GDP in 2020.
- How does Libya rank for gross domestic product — value standard local currency, 2015 prices?
- Libya ranks 141st out of 193 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Libya?
- Over the last ten years it is down 9.6%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices, per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross Domestic Product — Value Standard Local Currency, 2015 prices divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product — Value Standard Local Currency, 2015 prices ÷ GDP (current US$)
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Domestic Product — Value Standard Local Currency, 2015 prices divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.