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Libya — GDP growth

Also known as economic growth rate, GDP growth rate, annual growth of the economy, growth rate.

GDP Growth (Annual %) for Libya, 1961–2025.

Latest value · 2025
13.37%
GDP Growth (Annual %) · annual % · +35.1% since 1961
Free for any use — attribution is the link itself.

GDP growth for Libya was 13.37% in 2025, according to the latest World Bank data. The series covers 65 years, from 1961 to 2025. The highest recorded value was 86.83% in 2012. The lowest was -50.34% in 2011 (about -3.8× the latest value). Across that span the compound annual growth rate works out to 0.47% per year.

Libya ranks 3 of 212 economies on this measure (1 = highest), putting it in the top 1%. The median for Middle East, North Africa, Afghanistan & Pakistan is 2.93%, so Libya sits above it. It peaked in 2012 and has fallen 85% since. Over the last decade (2015–2025) the figure moved up 1687%. Within Middle East, North Africa, Afghanistan & Pakistan it ranks 1 of 23 economies; Djibouti (6.50%) is just below it. Its sharpest one-year move was down 2900% in 1981. That is 243% above this series' own ten-year average.

Data highlights

From its 1961 level: doubled by 1962. Doubling roughly every 147 years at that pace.

World ranking. Climbed: 15th of 107 in 1961 → 70th of 119 in 1970 → 105th of 152 in 1980 → 80th of 176 in 1990 → 123rd of 199 in 2000 → 87th of 209 in 2010 → 205th of 209 in 2020 → 2nd of 186 in 2025.

Adjacent in the latest world ranking (3 of 212): Northern Mariana Islands (#2) · Ireland (#4).

Key figures

Latest (2025)
13.37%
First (1961)
9.90%
Change
+35.1%
Highest
86.83%
in 2012
Lowest
-50.34%
in 2011
Average
5.86%
Annual growth (CAGR)
0.47%
Years of data
65

Recent published years. 2025 — 13.37% · 2024 — 1.9% · 2023 — 10.2% · 2022 — -8.3% · 2021 — 28.3%.

Full history — 1961 to 2025

All 65 published years for this series, most recent first. Years the source does not publish are omitted rather than interpolated.

Libya — GDP growth
Yearannual %Change
202513.37%+11.5 pp
20241.9%-8.3 pp
202310.2%+18.5 pp
2022-8.3%-36.6 pp
202128.3%+57.8 pp
2020-29.46%-18.3 pp
2019-11.2%-19.1 pp
20187.94%-24.6 pp
201732.49%+34.0 pp
2016-1.49%-0.6 pp
2015-0.84%+22.2 pp
2014-23.04%-5.0 pp
2013-18%-104.8 pp
201286.83%+137.2 pp
2011-50.34%-55.4 pp
20105.03%+9.4 pp
2009-4.4%-4.2 pp
2008-0.16%-6.4 pp
20076.23%-0.3 pp
20066.5%-5.4 pp
200511.87%+7.4 pp
20044.46%-8.6 pp
200313.02%+14.0 pp
2002-0.96%+0.8 pp
2001-1.76%-5.4 pp
20003.68%+2.9 pp
19990.75%+4.3 pp
1998-3.55%-8.8 pp
19975.21%+3.1 pp
19962.13%+4.4 pp
1995-2.22%-4.2 pp
19941.93%+5.7 pp
1993-3.76%-1.1 pp
1992-2.71%-18.4 pp
199115.66%+11.9 pp
19903.72%-3.5 pp
19897.2%-0.4 pp
19887.58%+22.3 pp
1987-14.7%-3.3 pp
1986-11.35%-19.7 pp
19858.33%+13.4 pp
1984-5.04%-2.6 pp
1983-2.47%-5.3 pp
19822.81%+22.0 pp
1981-19.19%-19.9 pp
19800.69%-8.3 pp
19798.96%+5.7 pp
19783.3%-5.5 pp
19778.85%-14.0 pp
197622.88%+18.9 pp
19754.03%-18.2 pp
197422.19%+20.3 pp
19731.94%-7.2 pp
19729.13%+14.4 pp
1971-5.28%-10.2 pp
19704.95%-8.1 pp
196913.09%-20.8 pp
196833.86%+22.8 pp
196711.11%-7.5 pp
196618.59%-9.6 pp
196528.15%-16.9 pp
196445.07%+10.1 pp
196335.02%+2.5 pp
196232.52%+22.6 pp
19619.9%—
Reading this correctly. Annual percentage growth rate of GDP at constant market prices. A negative value means the economy contracted that year. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.

Frequently asked questions

What was Libya’s GDP growth in 1962?

32.52% (1962). The full year-by-year table above lists every published year, most recent first.

Are changes in this series measured in percentage points?

Yes. The series is a share expressed in annual %, so year-over-year movements in the Change column are percentage points (pp), not percent.

Is Libya’s GDP growth growing or shrinking?

Between 1961 and 2025 the series was growing overall: +35.1% in total — about 0.5% a year compounded.

Where does this data come from?

World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.KD.ZG. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.

What are the most recent published figures?

The last five published years: 2025: 13.37%; 2024: 1.9%; 2023: 10.2%; 2022: -8.3%; 2021: 28.3%. Earlier years are in the full-history table below.

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Source. World Bank Open Data, indicator NY.GDP.MKTP.KD.ZG — GDP Growth (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.
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