GDP growth in Libya
Libya: GDP growth was -0.6% in 2024. β Volatile
Latest (2024)
-0.6%
Change on year
down 106.0%
World rank
189th
of 209 countries
All-time high
86.8%
in 2012
All-time low
-50.3%
in 2011
Years of data
55
1970β2024
GDP growth in Libya, 1970β2024
Source: UNESCO Institute for Statistics. Measured in annual %.
Analysis
In 2024, gdp growth in Libya stood at -0.6%.
That represents a change of down 106.0% on the previous year and up 97.4% over ten years.
Over the whole period, gdp growth in Libya peaked at 86.8% in 2012 and was at its lowest, -50.3%, in 2011.
That places Libya 189th out of 209 countries with data for 2024, putting it 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 |
|---|---|---|---|---|
| 1970s | 8.1% | -5.3% | 22.9% | 10 |
| 1980s | -2.6% | -19.2% | 8.3% | 10 |
| 1990s | 1.7% | -3.8% | 15.7% | 10 |
| 2000s | 3.8% | -4.4% | 13.0% | 10 |
| 2010s | 2.7% | -50.3% | 86.8% | 10 |
| 2020s | 0.0% | -29.5% | 28.3% | 5 |
Countries ranked near Libya
More population data for Libya
- Population growth rate by level of development -0.196 (2100)
- Projected population under age 5 455,012 (2100)
- Population density 5.56 (2100)
- Population growth rate -0.196 (2100)
- Fertility and wanted fertility 2.3 (2024)
- Refugee population by country or territory of asylum 200,335 (2024)
- Fertility vs unmet contraception 2.3 (2024)
- Fertility vs contraception 2.3 (2024)
- Natural population growth 1.04 (2023)
- Fertility rate with projections 2.35 (2023)
Frequently asked questions
- What is gdp growth in Libya?
- Gdp growth in Libya was -0.6% in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp growth recorded in Libya?
- The highest recorded value was 86.8% in 2012.
- What is the lowest gdp growth recorded in Libya?
- The lowest recorded value was -50.3% in 2011.
- How does Libya rank for gdp growth?
- Libya ranks 189th out of 209 countries with data for 2024.
- Is gdp growth rising or falling in Libya?
- Over the last ten years it is up 97.4%. 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 growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release