GDP of Libya: $48.1 billion in 2025, ranking 101st of 204 countries. In 2010 it was $75.4 billion. That is 0.04% of the world economy.
Data last updated · Period: 2010–2025
Understanding the chart
The line chart above tracks GDP of Libya for each year from 2010 to 2025, 16 data points in all. Each dot is one year; the first and last years and the highest point are labelled with their values, and the vertical scale is in current us$. All values in this period were above zero. The data table below the chart lists every value, and you can download the data, embed the chart or share it from the buttons above. The figures cover 2010–2025 and come from World Bank, World Development Indicators (CC BY 4.0).
Key insights
- Between 2010 and 2025, Libya's GDP fell from $75.4 billion to $48.1 billion, a change of -36.2% (about -3.0% a year on average).
- The highest value in this period was $92.5 billion in 2012; the lowest was $35.2 billion in 2021.
- Recently, the figure has moved up and down over the last three years (2024: $48.5 billion; 2025: $48.1 billion).
- Libya has the 101st-highest value of 204 countries with recent data.
- In Northern Africa, Libya has the 6th-highest value of 6 countries with recent data; the highest is Egypt ($365.3 billion), and the typical (median) value is $121.3 billion.
Analysis
Averaged over periods, the figure was $69.8 billion in 2010 to 2014, $62.3 billion in 2015 to 2019 and $44.3 billion in 2020 onwards. The value went up in 7 of the 15 year-to-year steps and down in 8. The biggest one-year rise came in 2012 (+$44.4 billion, or 92.1%). The biggest one-year fall came in 2011 (−$27.2 billion, or 36.1%). Across the period the values varied by about 28% around their average ($57.9 billion), a moderate amount of change.
What it means
For businesses and investors, the figure is most useful alongside related measures for the same country, such as growth, inflation, population and incomes, and compared with similar countries. Compared with its neighbours in Northern Africa, where the typical value is $121.3 billion, Libya is 60% lower than the regional median.
Related figures
- GDP (current US$) by country, 2025: $30.8 trillion (highest: United States). The total value of goods and services produced in a year, converted to US dollars at official exchange rates.
- GDP of Algeria, 2010–2025: $287.0 billion (GDP, 2025 · 51st of 204). GDP of Algeria: $287.0 billion in 2025, ranking 51st of 204 countries.
- GDP of Egypt, 2010–2025: $365.3 billion (GDP, 2025 · 43rd of 204). GDP of Egypt: $365.3 billion in 2025, ranking 43rd of 204 countries.
About this statistic
The total value of goods and services produced in a year, converted to US dollars at official exchange rates. A rough measure of the size of a market. Exchange rate swings can move it even when the economy itself has not changed much.
For businesses, the size and growth of an economy shape demand: faster growth usually means rising incomes, more customers and more investment, while high inflation raises costs and makes planning harder. The figures come from the World Bank's World Development Indicators, which compile official national statistics in a consistent form so countries can be compared.
Questions and answers
What is the gDP of Libya?
$48.1 billion (GDP, 2025 · 101st of 204). GDP of Libya: $48.1 billion in 2025, ranking 101st of 204 countries. In 2010 it was $75.4 billion. That is 0.04% of the world economy.
How has GDP in Libya changed since 2010?
Between 2010 and 2025, Libya's GDP fell from $75.4 billion to $48.1 billion, a change of -36.2% (about -3.0% a year on average). The highest value in this period was $92.5 billion in 2012; the lowest was $35.2 billion in 2021.
Where does this data come from?
From World Bank, World Development Indicators (CC BY 4.0), covering 2010–2025. The total value of goods and services produced in a year, converted to US dollars at official exchange rates. A rough measure of the size of a market. Exchange rate swings can move it even when the economy itself has not changed much.
Data
| Year | GDP (current US$) |
|---|---|
| 2010 | $75.4 billion |
| 2011 | $48.2 billion |
| 2012 | $92.5 billion |
| 2013 | $75.4 billion |
| 2014 | $57.4 billion |
| 2015 | $48.7 billion |
| 2016 | $49.9 billion |
| 2017 | $67.2 billion |
| 2018 | $76.7 billion |
| 2019 | $69.3 billion |
| 2020 | $46.9 billion |
| 2021 | $35.2 billion |
| 2022 | $43.2 billion |
| 2023 | $44.0 billion |
| 2024 | $48.5 billion |
| 2025 | $48.1 billion |
Source and notes
Source: World Bank, World Development Indicators (CC BY 4.0). Period: 2010–2025. Coverage: Libya.
The total value of goods and services produced in a year, converted to US dollars at official exchange rates. A rough measure of the size of a market. Exchange rate swings can move it even when the economy itself has not changed much.
Cite this statistic
Please also credit the original source: World Bank, World Development Indicators (CC BY 4.0).Related statistics
- GDP (current US$) by country, 2025
- GDP of Algeria, 2010–2025
- GDP of Egypt, 2010–2025
- GDP of Morocco, 2010–2025
- GDP of Sudan, 2010–2025
- Economic growth (GDP growth) in Libya, 2010–2025
- GDP per person in Libya, 2010–2025
- GDP per person, adjusted for prices (PPP, international $) in Libya, 2010–2024
- Income per person (GNI, Atlas method, US$) in Libya, 2010–2025
All Libya data: economy, people, jobs and digital in one place
Need more detail? Build a free India market report for any business and state.
Last reviewed November 9, 2026. Startup costs are estimates; check local prices, licensing and tax rules before you commit money.
