GDP at market prices (constant 2010 US$) in Libya
Libya: GDP at market prices (constant 2010 US$) was 55.43 billion constant 2010 US$ in 2024. ▲ Rising
Latest (2024)
55.43 billion constant 2010 US$
Change on year
down 0.6%
World rank
87th
of 208 countries
All-time high
83.91 billion constant 2010 US$
in 2010
All-time low
30.50 billion constant 2010 US$
in 1971
Years of data
55
1970–2024
GDP at market prices in Libya, 1970–2024
Source: UNESCO Institute for Statistics. Measured in constant 2010 US$.
Analysis
In 2024, gdp at market prices in Libya stood at 55.43 billion constant 2010 US$.
Compared with earlier readings it is down 0.6% on the previous year and up 12.8% over ten years.
Over the whole period, gdp at market prices in Libya peaked at 83.91 billion constant 2010 US$ in 2010 and was at its lowest, 30.50 billion constant 2010 US$, in 1971.
Libya ranks 87th of 208 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
GDP at market prices (constant 2010 US$) in Libya, year by year
| Year | constant 2010 US$ | Change |
|---|---|---|
| 1970 | 32.20 billion constant 2010 US$ | — |
| 1971 | 30.50 billion constant 2010 US$ | -5.3% |
| 1972 | 33.28 billion constant 2010 US$ | +9.1% |
| 1973 | 33.93 billion constant 2010 US$ | +1.9% |
| 1974 | 41.46 billion constant 2010 US$ | +22.2% |
| 1975 | 43.13 billion constant 2010 US$ | +4.0% |
| 1976 | 52.99 billion constant 2010 US$ | +22.9% |
| 1977 | 57.68 billion constant 2010 US$ | +8.9% |
| 1978 | 59.59 billion constant 2010 US$ | +3.3% |
| 1979 | 64.93 billion constant 2010 US$ | +9.0% |
| 1980 | 65.37 billion constant 2010 US$ | +0.7% |
| 1981 | 52.83 billion constant 2010 US$ | -19.2% |
| 1982 | 54.31 billion constant 2010 US$ | +2.8% |
| 1983 | 52.97 billion constant 2010 US$ | -2.5% |
| 1984 | 50.30 billion constant 2010 US$ | -5.0% |
| 1985 | 54.49 billion constant 2010 US$ | +8.3% |
| 1986 | 48.30 billion constant 2010 US$ | -11.4% |
| 1987 | 41.20 billion constant 2010 US$ | -14.7% |
| 1988 | 44.32 billion constant 2010 US$ | +7.6% |
| 1989 | 47.51 billion constant 2010 US$ | +7.2% |
| 1990 | 49.28 billion constant 2010 US$ | +3.7% |
| 1991 | 56.99 billion constant 2010 US$ | +15.7% |
| 1992 | 55.45 billion constant 2010 US$ | -2.7% |
| 1993 | 53.36 billion constant 2010 US$ | -3.8% |
| 1994 | 54.39 billion constant 2010 US$ | +1.9% |
| 1995 | 53.19 billion constant 2010 US$ | -2.2% |
| 1996 | 54.32 billion constant 2010 US$ | +2.1% |
| 1997 | 57.15 billion constant 2010 US$ | +5.2% |
| 1998 | 55.12 billion constant 2010 US$ | -3.6% |
| 1999 | 55.54 billion constant 2010 US$ | +0.7% |
| 2000 | 57.58 billion constant 2010 US$ | +3.7% |
| 2001 | 56.56 billion constant 2010 US$ | -1.8% |
| 2002 | 56.02 billion constant 2010 US$ | -1.0% |
| 2003 | 63.31 billion constant 2010 US$ | +13.0% |
| 2004 | 66.14 billion constant 2010 US$ | +4.5% |
| 2005 | 73.99 billion constant 2010 US$ | +11.9% |
| 2006 | 78.80 billion constant 2010 US$ | +6.5% |
| 2007 | 83.71 billion constant 2010 US$ | +6.2% |
| 2008 | 83.57 billion constant 2010 US$ | -0.2% |
| 2009 | 79.90 billion constant 2010 US$ | -4.4% |
| 2010 | 83.91 billion constant 2010 US$ | +5.0% |
| 2011 | 41.67 billion constant 2010 US$ | -50.3% |
| 2012 | 77.85 billion constant 2010 US$ | +86.8% |
| 2013 | 63.84 billion constant 2010 US$ | -18.0% |
| 2014 | 49.13 billion constant 2010 US$ | -23.0% |
| 2015 | 48.72 billion constant 2010 US$ | -0.8% |
| 2016 | 47.99 billion constant 2010 US$ | -1.5% |
| 2017 | 63.58 billion constant 2010 US$ | +32.5% |
| 2018 | 68.63 billion constant 2010 US$ | +7.9% |
| 2019 | 60.95 billion constant 2010 US$ | -11.2% |
| 2020 | 43.00 billion constant 2010 US$ | -29.5% |
| 2021 | 55.18 billion constant 2010 US$ | +28.3% |
| 2022 | 50.63 billion constant 2010 US$ | -8.3% |
| 2023 | 55.77 billion constant 2010 US$ | +10.2% |
| 2024 | 55.43 billion constant 2010 US$ | -0.6% |
Libya compared with similar countries
- Libya's 55.43 billion constant 2010 US$ is above the median for upper middle income countries, which is 46.21 billion constant 2010 US$, 1.2× the median. (58 countries reporting)
- Libya's 55.43 billion constant 2010 US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 91.45 billion constant 2010 US$, 61% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where GDP at market prices (constant 2010 US$) 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 | +86.8% | 41.67 billion constant 2010 US$ | 77.85 billion constant 2010 US$ |
| 2011 | -50.3% | 83.91 billion constant 2010 US$ | 41.67 billion constant 2010 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 44.97 billion constant 2010 US$ | 30.50 billion constant 2010 US$ | 64.93 billion constant 2010 US$ | 10 |
| 1980s | 51.16 billion constant 2010 US$ | 41.20 billion constant 2010 US$ | 65.37 billion constant 2010 US$ | 10 |
| 1990s | 54.48 billion constant 2010 US$ | 49.28 billion constant 2010 US$ | 57.15 billion constant 2010 US$ | 10 |
| 2000s | 69.96 billion constant 2010 US$ | 56.02 billion constant 2010 US$ | 83.71 billion constant 2010 US$ | 10 |
| 2010s | 60.63 billion constant 2010 US$ | 41.67 billion constant 2010 US$ | 83.91 billion constant 2010 US$ | 10 |
| 2020s | 52.00 billion constant 2010 US$ | 43.00 billion constant 2010 US$ | 55.77 billion constant 2010 US$ | 5 |
Countries ranked near Libya
- 84 Azerbaijan 59.90 billion constant 2010 US$ compare
- 85 Turkmenistan 59.35 billion constant 2010 US$ compare
- 86 Serbia 56.49 billion constant 2010 US$ compare
- 88 Slovenia 55.38 billion constant 2010 US$ compare
- 89 Lithuania 55.14 billion constant 2010 US$ compare
- 90 Uganda 49.36 billion constant 2010 US$ compare
More population data for Libya
- Population regions with projections, annual growth rate -0.1882 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -3.49 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.1882 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.3412 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 8,540 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.9554 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.2302 % change on previous year (2100)
- Population growth rate -0.196 (2100)
- Population density 5.56 (2100)
- Projected population under age 5 455,012 (2100)
Frequently asked questions
- What is gdp at market prices in Libya?
- Gdp at market prices in Libya was 55.43 billion constant 2010 US$ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp at market prices recorded in Libya?
- The highest recorded value was 83.91 billion constant 2010 US$ in 2010.
- What is the lowest gdp at market prices recorded in Libya?
- The lowest recorded value was 30.50 billion constant 2010 US$ in 1971.
- How does Libya rank for gdp at market prices?
- Libya ranks 87th out of 208 countries with data for 2024.
- Is gdp at market prices rising or falling in Libya?
- Over the last ten years it is up 12.8%. The long-run trend across the full record is rising.
- Where does this Libya data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP at market prices (constant 2010 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release