Gross National Income — Value Standard Local Currency in Libya
Libya: Gross National Income — Value Standard Local Currency was 212,206 million SLC in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency in Libya, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2023, gross national income — value standard local currency in Libya stood at 212,206 million SLC. That is the highest value across all 54 years on record.
The figure is up 1.5% on the previous year and up 131.5% over ten years.
Over the whole period, gross national income — value standard local currency in Libya peaked at 212,206 million SLC in 2023 and was at its lowest, 1,190 million SLC, in 1970.
Libya ranks 121st of 202 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 National Income — Value Standard Local Currency in Libya, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 1,190 million SLC | — |
| 1971 | 1,514 million SLC | +27.2% |
| 1972 | 1,629 million SLC | +7.6% |
| 1973 | 2,061 million SLC | +26.5% |
| 1974 | 3,650 million SLC | +77.1% |
| 1975 | 3,579 million SLC | -1.9% |
| 1976 | 4,692 million SLC | +31.1% |
| 1977 | 5,608 million SLC | +19.5% |
| 1978 | 5,608 million SLC | -0.0% |
| 1979 | 7,796 million SLC | +39.0% |
| 1980 | 10,985 million SLC | +40.9% |
| 1981 | 9,482 million SLC | -13.7% |
| 1982 | 9,097 million SLC | -4.1% |
| 1983 | 8,570 million SLC | -5.8% |
| 1984 | 7,941 million SLC | -7.3% |
| 1985 | 8,554 million SLC | +7.7% |
| 1986 | 7,736 million SLC | -9.6% |
| 1987 | 6,783 million SLC | -12.3% |
| 1988 | 7,367 million SLC | +8.6% |
| 1989 | 8,177 million SLC | +11.0% |
| 1990 | 8,879 million SLC | +8.6% |
| 1991 | 9,741 million SLC | +9.7% |
| 1992 | 10,350 million SLC | +6.2% |
| 1993 | 10,127 million SLC | -2.2% |
| 1994 | 10,814 million SLC | +6.8% |
| 1995 | 11,927 million SLC | +10.3% |
| 1996 | 13,775 million SLC | +15.5% |
| 1997 | 15,433 million SLC | +12.0% |
| 1998 | 14,130 million SLC | -8.4% |
| 1999 | 15,723 million SLC | +11.3% |
| 2000 | 19,811 million SLC | +26.0% |
| 2001 | 20,760 million SLC | +4.8% |
| 2002 | 28,718 million SLC | +38.3% |
| 2003 | 35,891 million SLC | +25.0% |
| 2004 | 45,522 million SLC | +26.8% |
| 2005 | 63,527 million SLC | +39.6% |
| 2006 | 80,253 million SLC | +26.3% |
| 2007 | 86,961 million SLC | +8.4% |
| 2008 | 106,955 million SLC | +23.0% |
| 2009 | 76,935 million SLC | -28.1% |
| 2010 | 96,427 million SLC | +25.3% |
| 2011 | 58,424 million SLC | -39.4% |
| 2012 | 112,656 million SLC | +92.8% |
| 2013 | 91,683 million SLC | -18.6% |
| 2014 | 72,513 million SLC | -20.9% |
| 2015 | 67,867 million SLC | -6.4% |
| 2016 | 69,442 million SLC | +2.3% |
| 2017 | 95,392 million SLC | +37.4% |
| 2018 | 106,026 million SLC | +11.1% |
| 2019 | 99,294 million SLC | -6.3% |
| 2020 | 65,896 million SLC | -33.6% |
| 2021 | 156,858 million SLC | +138.0% |
| 2022 | 209,155 million SLC | +33.3% |
| 2023 | 212,206 million SLC | +1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3,733 million SLC | 1,190 million SLC | 7,796 million SLC | 10 |
| 1980s | 8,469 million SLC | 6,783 million SLC | 10,985 million SLC | 10 |
| 1990s | 12,090 million SLC | 8,879 million SLC | 15,723 million SLC | 10 |
| 2000s | 56,533 million SLC | 19,811 million SLC | 106,955 million SLC | 10 |
| 2010s | 86,973 million SLC | 58,424 million SLC | 112,656 million SLC | 10 |
| 2020s | 161,029 million SLC | 65,896 million SLC | 212,206 million SLC | 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)
- Gross domestic savings (current US$), annual growth rate 6.3 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.3679 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 2,372 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 16.7 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 1.95 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 12,586 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 7.83 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.12 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross national income — value standard local currency in Libya?
- Gross national income — value standard local currency in Libya was 212,206 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value standard local currency recorded in Libya?
- The highest recorded value was 212,206 million SLC in 2023.
- What is the lowest gross national income — value standard local currency recorded in Libya?
- The lowest recorded value was 1,190 million SLC in 1970.
- How does Libya rank for gross national income — value standard local currency?
- Libya ranks 121st out of 202 countries with data for 2023.
- Is gross national income — value standard local currency rising or falling in Libya?
- Over the last ten years it is up 131.5%. 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 — Value 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).