GDP deflator (base year varies by country), annual growth rate in Libya

Libya: GDP deflator (base year varies by country), annual growth rate was 4.46 % change on previous year in 2024. ◆ Volatile

Latest (2024)
4.46 % change on previous year
Change on year
up 183.5%
World rank
83rd
of 211 countries
All-time high
90.41 % change on previous year
in 2021
All-time low
-24.85 % change on previous year
in 2009
Years of data
54
1971–2024

GDP deflator (base year varies by country), annual growth rate in Libya, 1971–2024

-250255075100197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gdp deflator (base year varies by country), annual growth rate in Libya stood at 4.46 % change on previous year.

That represents a change of up 183.5% on the previous year and up 543.3% over ten years.

Over the whole period, gdp deflator (base year varies by country), annual growth rate in Libya peaked at 90.41 % change on previous year in 2021 and was at its lowest, -24.85 % change on previous year, in 2009.

That places Libya 83rd 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 deflator (base year varies by country), annual growth rate in Libya, year by year

Annual values for GDP deflator (base year varies by country), annual growth rate in Libya, 1971 to 2024.
Year % change on previous year Change
1971 20.4 % change on previous year
1972 1.31 % change on previous year -93.6%
1973 22.52 % change on previous year +1620.4%
1974 41.48 % change on previous year +84.2%
1975 -6.43 % change on previous year -115.5%
1976 5.64 % change on previous year -187.8%
1977 7.89 % change on previous year +39.9%
1978 -4.46 % change on previous year -156.5%
1979 26.61 % change on previous year -696.7%
1980 33.2 % change on previous year +24.8%
1981 9.91 % change on previous year -70.2%
1982 -9.72 % change on previous year -198.1%
1983 0.8352 % change on previous year -108.6%
1984 -6.5 % change on previous year -878.7%
1985 -1.25 % change on previous year -80.7%
1986 -7.84 % change on previous year +525.7%
1987 20.91 % change on previous year -366.7%
1988 -17.77 % change on previous year -185.0%
1989 1.06 % change on previous year -105.9%
1990 4.7 % change on previous year +344.7%
1991 -5.13 % change on previous year -209.0%
1992 9.2 % change on previous year -279.4%
1993 1.63 % change on previous year -82.2%
1994 4.78 % change on previous year +192.4%
1995 9.59 % change on previous year +100.7%
1996 11.66 % change on previous year +21.6%
1997 10.41 % change on previous year -10.7%
1998 -6.63 % change on previous year -163.7%
1999 29.98 % change on previous year -552.3%
2000 13.31 % change on previous year -55.6%
2001 7.19 % change on previous year -46.0%
2002 27.25 % change on previous year +279.2%
2003 14.36 % change on previous year -47.3%
2004 22.61 % change on previous year +57.4%
2005 28.57 % change on previous year +26.4%
2006 19.68 % change on previous year -31.1%
2007 2.44 % change on previous year -87.6%
2008 23.71 % change on previous year +871.9%
2009 -24.85 % change on previous year -204.8%
2010 19.28 % change on previous year -177.6%
2011 24.34 % change on previous year +26.3%
2012 5.98 % change on previous year -75.4%
2013 0.0854 % change on previous year -98.6%
2014 -1.01 % change on previous year -1279.1%
2015 -7.04 % change on previous year +599.5%
2016 4.69 % change on previous year -166.6%
2017 1.81 % change on previous year -61.5%
2018 3.6 % change on previous year +99.1%
2019 4.18 % change on previous year +16.1%
2020 -4.75 % change on previous year -213.9%
2021 90.41 % change on previous year -2001.4%
2022 42.7 % change on previous year -52.8%
2023 -5.34 % change on previous year -112.5%
2024 4.46 % change on previous year -183.5%

Averages by decade

DecadeAverage LowestHighest Years
1970s 12.77 % change on previous year -6.43 % change on previous year 41.48 % change on previous year 9
1980s 2.28 % change on previous year -17.77 % change on previous year 33.2 % change on previous year 10
1990s 7.02 % change on previous year -6.63 % change on previous year 29.98 % change on previous year 10
2000s 13.43 % change on previous year -24.85 % change on previous year 28.57 % change on previous year 10
2010s 5.59 % change on previous year -7.04 % change on previous year 24.34 % change on previous year 10
2020s 25.49 % change on previous year -5.34 % change on previous year 90.41 % change on previous year 5

Countries ranked near Libya

  1. 80 Jamaica 4.88 % change on previous year compare
  2. 81 Kyrgyzstan 4.74 % change on previous year compare
  3. 82 Palestine, State of 4.6 % change on previous year compare
  4. 84 Comoros 4.43 % change on previous year compare
  5. 85 Portugal 4.43 % change on previous year compare
  6. 86 Bhutan 4.37 % change on previous year compare

See the full ranking of 211 places →

More population data for Libya

All data for Libya →

Frequently asked questions

What is gdp deflator (base year varies by country), annual growth rate in Libya?
Gdp deflator (base year varies by country), annual growth rate in Libya was 4.46 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp deflator (base year varies by country), annual growth rate recorded in Libya?
The highest recorded value was 90.41 % change on previous year in 2021.
What is the lowest gdp deflator (base year varies by country), annual growth rate recorded in Libya?
The lowest recorded value was -24.85 % change on previous year in 2009.
How does Libya rank for gdp deflator (base year varies by country), annual growth rate?
Libya ranks 83rd out of 211 countries with data for 2024.
Is gdp deflator (base year varies by country), annual growth rate rising or falling in Libya?
Over the last ten years it is up 543.3%. The long-run trend across the full record is volatile.
Where does this Libya data come from?
The figures come from Statizoid (derived), published as part of GDP deflator (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.

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GDP deflator (base year varies by country), annual growth rate in Libya. Statizoid, drawing on Statizoid (derived). Retrieved 29 August 2026, from https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/libya/

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<a href="https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/libya/">GDP deflator (base year varies by country), annual growth rate in Libya</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP deflator (base year varies by country), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 9,847 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.