GDP (current US$) (UNESCO Institute) in Libya
Libya: GDP (current US$) (UNESCO Institute) was 46.64 billion current US$ in 2024. ◆ Volatile
Latest (2024)
46.64 billion current US$
Change on year
up 3.4%
World rank
98th
of 211 countries
All-time high
92.54 billion current US$
in 2012
All-time low
4.60 billion current US$
in 1970
Years of data
55
1970–2024
GDP in Libya, 1970–2024
Source: UNESCO Institute for Statistics. Measured in current US$.
Analysis
Libya recorded 46.64 billion current US$ for gdp in 2024.
Compared with earlier readings it is up 3.4% on the previous year and down 18.7% over ten years.
Over the whole period, gdp in Libya peaked at 92.54 billion current US$ in 2012 and was at its lowest, 4.60 billion current US$, in 1970.
That places Libya 98th out of 211 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current US$) (UNESCO Institute) in Libya, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 4.60 billion current US$ | — |
| 1971 | 5.26 billion current US$ | +14.3% |
| 1972 | 6.30 billion current US$ | +19.8% |
| 1973 | 8.63 billion current US$ | +36.9% |
| 1974 | 15.11 billion current US$ | +75.2% |
| 1975 | 14.71 billion current US$ | -2.7% |
| 1976 | 19.10 billion current US$ | +29.8% |
| 1977 | 22.43 billion current US$ | +17.4% |
| 1978 | 22.14 billion current US$ | -1.3% |
| 1979 | 30.54 billion current US$ | +37.9% |
| 1980 | 40.95 billion current US$ | +34.1% |
| 1981 | 36.37 billion current US$ | -11.2% |
| 1982 | 33.76 billion current US$ | -7.2% |
| 1983 | 33.20 billion current US$ | -1.7% |
| 1984 | 29.48 billion current US$ | -11.2% |
| 1985 | 31.53 billion current US$ | +7.0% |
| 1986 | 24.18 billion current US$ | -23.3% |
| 1987 | 26.70 billion current US$ | +10.4% |
| 1988 | 24.31 billion current US$ | -8.9% |
| 1989 | 25.16 billion current US$ | +3.5% |
| 1990 | 28.90 billion current US$ | +14.9% |
| 1991 | 31.99 billion current US$ | +10.7% |
| 1992 | 33.89 billion current US$ | +5.9% |
| 1993 | 30.66 billion current US$ | -9.5% |
| 1994 | 28.61 billion current US$ | -6.7% |
| 1995 | 25.54 billion current US$ | -10.7% |
| 1996 | 27.88 billion current US$ | +9.2% |
| 1997 | 30.70 billion current US$ | +10.1% |
| 1998 | 27.25 billion current US$ | -11.2% |
| 1999 | 35.98 billion current US$ | +32.0% |
| 2000 | 38.27 billion current US$ | +6.4% |
| 2001 | 34.11 billion current US$ | -10.9% |
| 2002 | 20.48 billion current US$ | -40.0% |
| 2003 | 26.27 billion current US$ | +28.2% |
| 2004 | 33.12 billion current US$ | +26.1% |
| 2005 | 47.33 billion current US$ | +42.9% |
| 2006 | 60.09 billion current US$ | +27.0% |
| 2007 | 68.03 billion current US$ | +13.2% |
| 2008 | 86.71 billion current US$ | +27.5% |
| 2009 | 60.81 billion current US$ | -29.9% |
| 2010 | 75.38 billion current US$ | +24.0% |
| 2011 | 48.17 billion current US$ | -36.1% |
| 2012 | 92.54 billion current US$ | +92.1% |
| 2013 | 75.35 billion current US$ | -18.6% |
| 2014 | 57.37 billion current US$ | -23.9% |
| 2015 | 48.72 billion current US$ | -15.1% |
| 2016 | 49.91 billion current US$ | +2.5% |
| 2017 | 67.16 billion current US$ | +34.6% |
| 2018 | 76.69 billion current US$ | +14.2% |
| 2019 | 69.25 billion current US$ | -9.7% |
| 2020 | 46.85 billion current US$ | -32.3% |
| 2021 | 35.22 billion current US$ | -24.8% |
| 2022 | 43.25 billion current US$ | +22.8% |
| 2023 | 45.10 billion current US$ | +4.3% |
| 2024 | 46.64 billion current US$ | +3.4% |
Libya compared with similar countries
- Libya's 46.64 billion current US$ is above the median for upper middle income countries, which is 45.55 billion current US$, 1.0× the median. (58 countries reporting)
- Libya's 46.64 billion current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 106.94 billion current US$, 44% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.88 billion current US$ | 4.60 billion current US$ | 30.54 billion current US$ | 10 |
| 1980s | 30.56 billion current US$ | 24.18 billion current US$ | 40.95 billion current US$ | 10 |
| 1990s | 30.14 billion current US$ | 25.54 billion current US$ | 35.98 billion current US$ | 10 |
| 2000s | 47.52 billion current US$ | 20.48 billion current US$ | 86.71 billion current US$ | 10 |
| 2010s | 66.05 billion current US$ | 48.17 billion current US$ | 92.54 billion current US$ | 10 |
| 2020s | 43.41 billion current US$ | 35.22 billion current US$ | 46.85 billion current US$ | 5 |
Countries ranked near Libya
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 in Libya?
- Gdp in Libya was 46.64 billion current US$ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp recorded in Libya?
- The highest recorded value was 92.54 billion current US$ in 2012.
- What is the lowest gdp recorded in Libya?
- The lowest recorded value was 4.60 billion current US$ in 1970.
- How does Libya rank for gdp?
- Libya ranks 98th out of 211 countries with data for 2024.
- Is gdp rising or falling in Libya?
- Over the last ten years it is down 18.7%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP (current 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