Nominal GDP in billions of USD
Year -
$46.64 billions(3.41%)
In 2024, Libya witnessed an increase in its Nominal GDP, rising to 46.64 billion dollars, and an increase in its GDP based on Purchasing Power Parity (PPP), which reached 102.99 international billion dollars.
Relatedly, in the preceding year of 2023, Libya has Nominal GDP stood at 45.10 billion dollars, while the GDP based on PPP was 101.18 international billion dollars.
The net change in Libya's GDP (Nominal) in 2024 increased by 1.54 billion dollars(3.41%), and GDP (PPP) increased by 1.81 international billion dollars(1.79%).
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | 0.4 | - | - | - | - | - |
| 1961 | 0.44 | 0.04 | 10 % | - | - | - |
| 1962 | 0.62 | 0.18 | 40.91 % | - | - | - |
| 1963 | 0.89 | 0.27 | 43.55 % | - | - | - |
| 1964 | 1.34 | 0.45 | 50.56 % | - | - | - |
| 1965 | 1.8 | 0.46 | 34.33 % | - | - | - |
| 1966 | 2.31 | 0.51 | 28.33 % | - | - | - |
| 1967 | 2.73 | 0.42 | 18.18 % | - | - | - |
| 1968 | 3.85 | 1.12 | 41.03 % | - | - | - |
| 1969 | 4.38 | 0.53 | 13.77 % | - | - | - |
| 1970 | 4.6 | 0.22 | 5.02 % | - | - | - |
| 1971 | 5.26 | 0.66 | 14.35 % | - | - | - |
| 1972 | 6.3 | 1.04 | 19.77 % | - | - | - |
| 1973 | 8.63 | 2.33 | 36.98 % | - | - | - |
| 1974 | 15.11 | 6.48 | 75.09 % | - | - | - |
| 1975 | 14.71 | -0.4 | -2.65 % | - | - | - |
| 1976 | 19.1 | 4.39 | 29.84 % | - | - | - |
| 1977 | 22.43 | 3.33 | 17.43 % | - | - | - |
| 1978 | 22.14 | -0.29 | -1.29 % | - | - | - |
| 1979 | 30.54 | 8.4 | 37.94 % | - | - | - |
| 1980 | 40.95 | 10.41 | 34.09 % | - | - | - |
| 1981 | 36.37 | -4.58 | -11.18 % | - | - | - |
| 1982 | 33.76 | -2.61 | -7.18 % | - | - | - |
| 1983 | 33.2 | -0.56 | -1.66 % | - | - | - |
| 1984 | 29.48 | -3.72 | -11.2 % | - | - | - |
| 1985 | 31.53 | 2.05 | 6.95 % | - | - | - |
| 1986 | 24.18 | -7.35 | -23.31 % | - | - | - |
| 1987 | 26.7 | 2.52 | 10.42 % | - | - | - |
| 1988 | 24.31 | -2.39 | -8.95 % | - | - | - |
| 1989 | 25.16 | 0.85 | 3.5 % | - | - | - |
| 1990 | 28.9 | 3.74 | 14.86 % | 76.34 | - | - |
| 1991 | 31.99 | 3.09 | 10.69 % | 91.27 | 14.93 | 19.56 % |
| 1992 | 33.89 | 1.9 | 5.94 % | 90.82 | -0.45 | -0.49 % |
| 1993 | 30.66 | -3.23 | -9.53 % | 89.47 | -1.35 | -1.49 % |
| 1994 | 28.61 | -2.05 | -6.69 % | 93.15 | 3.68 | 4.11 % |
| 1995 | 25.54 | -3.07 | -10.73 % | 92.99 | -0.16 | -0.17 % |
| 1996 | 27.88 | 2.34 | 9.16 % | 96.72 | 3.73 | 4.01 % |
| 1997 | 30.7 | 2.82 | 10.11 % | 103.51 | 6.79 | 7.02 % |
| 1998 | 27.25 | -3.45 | -11.24 % | 100.96 | -2.55 | -2.46 % |
| 1999 | 35.98 | 8.73 | 32.04 % | 103.16 | 2.2 | 2.18 % |
| 2000 | 38.27 | 2.29 | 6.36 % | 109.37 | 6.21 | 6.02 % |
| 2001 | 34.11 | -4.16 | -10.87 % | 109.87 | 0.5 | 0.46 % |
| 2002 | 20.48 | -13.63 | -39.96 % | 110.5 | 0.63 | 0.57 % |
| 2003 | 26.27 | 5.79 | 28.27 % | 127.35 | 16.85 | 15.25 % |
| 2004 | 33.12 | 6.85 | 26.08 % | 136.61 | 9.26 | 7.27 % |
| 2005 | 47.33 | 14.21 | 42.9 % | 157.62 | 21.01 | 15.38 % |
| 2006 | 60.09 | 12.76 | 26.96 % | 173.04 | 15.42 | 9.78 % |
| 2007 | 68.03 | 7.94 | 13.21 % | 188.8 | 15.76 | 9.11 % |
| 2008 | 86.71 | 18.68 | 27.46 % | 192.13 | 3.33 | 1.76 % |
| 2009 | 60.81 | -25.9 | -29.87 % | 184.81 | -7.32 | -3.81 % |
| 2010 | 75.38 | 14.57 | 23.96 % | 196.46 | 11.65 | 6.3 % |
| 2011 | 48.17 | -27.21 | -36.1 % | 99.58 | -96.88 | -49.31 % |
| 2012 | 92.54 | 44.37 | 92.11 % | 165.77 | 66.19 | 66.47 % |
| 2013 | 75.35 | -17.19 | -18.58 % | 133.35 | -32.42 | -19.56 % |
| 2014 | 57.37 | -17.98 | -23.86 % | 112.54 | -20.81 | -15.61 % |
| 2015 | 48.72 | -8.65 | -15.08 % | 116.94 | 4.4 | 3.91 % |
| 2016 | 49.91 | 1.19 | 2.44 % | 112.49 | -4.45 | -3.81 % |
| 2017 | 67.16 | 17.25 | 34.56 % | 121.47 | 8.98 | 7.98 % |
| 2018 | 76.69 | 9.53 | 14.19 % | 129.31 | 7.84 | 6.45 % |
| 2019 | 69.25 | -7.44 | -9.7 % | 112.57 | -16.74 | -12.95 % |
| 2020 | 46.85 | -22.4 | -32.35 % | 77.18 | -35.39 | -31.44 % |
| 2021 | 35.22 | -11.63 | -24.82 % | 90.2 | 13.02 | 16.87 % |
| 2022 | 43.25 | 8.03 | 22.8 % | 88.66 | -1.54 | -1.71 % |
| 2023 | 45.1 | 1.85 | 4.28 % | 101.18 | 12.52 | 14.12 % |
| 2024 | 46.64 | 1.54 | 3.41 % | 102.99 | 1.81 | 1.79 % |