Libya GDP

Nominal GDP in billions of USD

Year - 2024

$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.

Libya vs. Other Countries: Nominal GDP Comparison with Visual Pie Chart Analysis

Libya Annual GDP Net Change

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 Net Chg
PPP Net Chg

Libya Annual GDP Table

Source: world bank Nominal PPP

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

Latest Projections by IMF

Year	Nominal (current $)	PPP (current Int. $)
2023	43.96	101.17
2024	42.16	102.96
2025	47.48	123.99
2026	48.72	132.13
2027	50.18	136.97
2028	51.96	142.42
2029	54.19	147.95
2030	56.69	154.08

LatestUpdate	2024
Nominal GDP	$46.64
PPP GDP	Int. $102.99
High Nominal GDP	$92.54
Mid-Nominal GDP	$32.73
Low Nominal GDP	$0.40
Frequency	65 years
Unit	Billion USD