Annual GDP growth in Libya
Libya: Annual GDP growth was -11.2% in 2019. ◆ Volatile
Annual GDP growth in Libya, 1980–2019
Source: International Monetary Fund (2026) – with minor processing by Our World in Data. Measured in %.
Analysis
Libya recorded -11.2% for annual gdp growth in 2019.
Compared with earlier readings it is down 241.0% on the previous year and down 154.5% over ten years.
Over the whole period, annual gdp growth in Libya peaked at 86.8% in 2012 and was at its lowest, -50.3%, in 2011.
Libya ranks 193rd of 196 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -4.2% | -20.0% | 7.6% | 10 |
| 1990s | -0.2% | -15.4% | 18.3% | 10 |
| 2000s | 3.7% | -4.4% | 16.1% | 10 |
| 2010s | 2.7% | -50.3% | 86.8% | 10 |
Countries ranked near Libya
More economy & growth data for Libya
- External balance on goods and services as a percent of GDP 5.8% (2025)
- Inflation of consumer prices 1.8% (2025)
- GDP per capita 8,634 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 2.8% (2017)
- Gross domestic product (GDP) 64.40 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 8,634 constant 2015 US$ (2025)
- DEC alternative conversion factor 5.31 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -22.55 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -4.25 billion current US$ (2025)
- Taxes less subsidies on products -4.24 billion current LCU (2025)
Frequently asked questions
- What is annual gdp growth in Libya?
- Annual gdp growth in Libya was -11.2% in 2019, according to International Monetary Fund (2026) – with minor processing by Our World in Data.
- What is the highest annual gdp growth recorded in Libya?
- The highest recorded value was 86.8% in 2012.
- What is the lowest annual gdp growth recorded in Libya?
- The lowest recorded value was -50.3% in 2011.
- How does Libya rank for annual gdp growth?
- Libya ranks 193rd out of 196 countries with data for 2019.
- Is annual gdp growth rising or falling in Libya?
- Over the last ten years it is down 154.5%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from International Monetary Fund (2026) – with minor processing by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.
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About this data
Annual percent change in gross domestic product. This data is adjusted for inflation.