Libya — GDP
GDP (Nominal) for Libya, 1960–2025.
Latest value · 2025
48.10 billion
GDP (Nominal) · current US$ · +11875.5% since 1960
GDP for Libya was 48.10 billion in 2025, according to the latest World Bank data. The series covers 66 years, from 1960 to 2025. The highest recorded value was 92.54 billion in 2012. The lowest was 401.64 million in 1960 (about 119.8× the low point). Across that span the compound annual growth rate works out to 7.64% per year.
Libya ranks 102 of 212 economies on this measure (1 = highest), putting it in the top 48%. The median for Middle East, North Africa, Afghanistan & Pakistan is 109.60 billion, so Libya sits below it. It peaked in 2012 and has fallen 48% since. Over the last decade (2015–2025) the figure moved down 1%.
Key figures
Latest (2025)
48.10 billion
First (1960)
401.64 million
Change
+11875.5%
Highest
92.54 billion
in 2012
Lowest
401.64 million
in 1960
Average
32.97 billion
Annual growth (CAGR)
7.64%
Years of data
66
Recent years
| Year | current US$ |
|---|---|
| 2025 | 48,098,909,613.63 |
| 2024 | 48,487,151,215.35 |
| 2023 | 44,027,664,915.19 |
| 2022 | 43,246,297,921.85 |
| 2021 | 35,217,995,647.29 |
| 2020 | 46,854,285,440.64 |
| 2019 | 69,254,496,471.69 |
| 2018 | 76,686,029,772.15 |
| 2017 | 67,157,452,181.77 |
| 2016 | 49,912,073,701.3 |
| 2015 | 48,717,501,321.31 |
| 2014 | 57,372,355,592.02 |
Reading this correctly. Gross domestic product at current market prices, converted to US dollars at official exchange rates. This is the number usually meant by 'GDP'. Figures are in current US$. 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.
Related data
Source. World Bank Open Data, indicator
NY.GDP.MKTP.CD — GDP (Nominal). 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.