Gross National Income — Annual growth Standard Local Currency in Libya
Libya: Gross National Income — Annual growth Standard Local Currency was 1.46 % in 2023. ◆ Volatile
Gross National Income — Annual growth Standard Local Currency in Libya, 1971–2023
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
Libya recorded 1.46 % for gross national income — annual growth standard local currency in 2023.
That represents a change of down 95.6% on the previous year and up 107.8% over ten years.
Over the whole period, gross national income — annual growth standard local currency in Libya peaked at 138.04 % in 2021 and was at its lowest, -39.41 %, in 2011.
Libya ranks 179th of 202 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 National Income — Annual growth Standard Local Currency in Libya, year by year
| Year | % | Change |
|---|---|---|
| 1971 | 27.18 % | — |
| 1972 | 7.64 % | -71.9% |
| 1973 | 26.5 % | +246.8% |
| 1974 | 77.09 % | +190.9% |
| 1975 | -1.93 % | -102.5% |
| 1976 | 31.1 % | -1708.8% |
| 1977 | 19.52 % | -37.2% |
| 1978 | -0.0114 % | -100.1% |
| 1979 | 39.03 % | -341378.3% |
| 1980 | 40.89 % | +4.8% |
| 1981 | -13.68 % | -133.5% |
| 1982 | -4.05 % | -70.4% |
| 1983 | -5.8 % | +43.1% |
| 1984 | -7.33 % | +26.4% |
| 1985 | 7.72 % | -205.2% |
| 1986 | -9.56 % | -223.9% |
| 1987 | -12.32 % | +28.9% |
| 1988 | 8.61 % | -169.9% |
| 1989 | 10.99 % | +27.6% |
| 1990 | 8.59 % | -21.8% |
| 1991 | 9.72 % | +13.1% |
| 1992 | 6.24 % | -35.8% |
| 1993 | -2.15 % | -134.5% |
| 1994 | 6.78 % | -414.9% |
| 1995 | 10.3 % | +51.8% |
| 1996 | 15.49 % | +50.5% |
| 1997 | 12.04 % | -22.3% |
| 1998 | -8.45 % | -170.1% |
| 1999 | 11.28 % | -233.5% |
| 2000 | 26 % | +130.5% |
| 2001 | 4.79 % | -81.6% |
| 2002 | 38.33 % | +700.6% |
| 2003 | 24.98 % | -34.8% |
| 2004 | 26.83 % | +7.4% |
| 2005 | 39.55 % | +47.4% |
| 2006 | 26.33 % | -33.4% |
| 2007 | 8.36 % | -68.3% |
| 2008 | 22.99 % | +175.1% |
| 2009 | -28.07 % | -222.1% |
| 2010 | 25.34 % | -190.3% |
| 2011 | -39.41 % | -255.6% |
| 2012 | 92.82 % | -335.5% |
| 2013 | -18.62 % | -120.1% |
| 2014 | -20.91 % | +12.3% |
| 2015 | -6.41 % | -69.4% |
| 2016 | 2.32 % | -136.2% |
| 2017 | 37.37 % | +1510.1% |
| 2018 | 11.15 % | -70.2% |
| 2019 | -6.35 % | -157.0% |
| 2020 | -33.64 % | +429.7% |
| 2021 | 138.04 % | -510.4% |
| 2022 | 33.34 % | -75.8% |
| 2023 | 1.46 % | -95.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25.12 % | -1.93 % | 77.09 % | 9 |
| 1980s | 1.55 % | -13.68 % | 40.89 % | 10 |
| 1990s | 6.98 % | -8.45 % | 15.49 % | 10 |
| 2000s | 19.01 % | -28.07 % | 39.55 % | 10 |
| 2010s | 7.73 % | -39.41 % | 92.82 % | 10 |
| 2020s | 34.8 % | -33.64 % | 138.04 % | 4 |
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)
- Manufacturing, value added (constant LCU), per capita 396.85 constant LCU per person (2017)
- Industry (including construction), value added (current US$), annual -1.13 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.7325 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 4,724 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 8.54 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 3.89 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 25,060 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 17.43 % change on previous year (2025)
Frequently asked questions
- What is gross national income — annual growth standard local currency in Libya?
- Gross national income — annual growth standard local currency in Libya was 1.46 % in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — annual growth standard local currency recorded in Libya?
- The highest recorded value was 138.04 % in 2021.
- What is the lowest gross national income — annual growth standard local currency recorded in Libya?
- The lowest recorded value was -39.41 % in 2011.
- How does Libya rank for gross national income — annual growth standard local currency?
- Libya ranks 179th out of 202 countries with data for 2023.
- Is gross national income — annual growth standard local currency rising or falling in Libya?
- Over the last ten years it is up 107.8%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross National Income — Annual growth Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).