Libya — GDP
GDP (Nominal) for Libya, 1960–2025.
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%. Within Middle East, North Africa, Afghanistan & Pakistan it ranks 16 of 23 economies; Malta (27.77 billion) is just below it. Its sharpest one-year move was up 92% in 2012. That is 8% below this series' own ten-year average.
Data highlights
From its 1960 level: doubled by 1963; grown tenfold by 1969. Doubling roughly every 9.4 years at that pace.
World ranking. Slipped: 78th of 111 in 1960 → 48th of 146 in 1970 → 35th of 163 in 1980 → 58th of 192 in 1990 → 56th of 204 in 2000 → 64th of 212 in 2010 → 87th of 210 in 2020 → 100th of 186 in 2025.
Key figures
Full history — 1960 to 2025
| Year | current US$ | Change |
|---|---|---|
| 2025 | 48,098,909,613.63 | -0.8% |
| 2024 | 48,487,151,215.35 | +10.1% |
| 2023 | 44,027,664,915.19 | +1.8% |
| 2022 | 43,246,297,921.85 | +22.8% |
| 2021 | 35,217,995,647.29 | -24.8% |
| 2020 | 46,854,285,440.64 | -32.3% |
| 2019 | 69,254,496,471.69 | -9.7% |
| 2018 | 76,686,029,772.15 | +14.2% |
| 2017 | 67,157,452,181.77 | +34.6% |
| 2016 | 49,912,073,701.3 | +2.5% |
| 2015 | 48,717,501,321.31 | -15.1% |
| 2014 | 57,372,355,592.02 | -23.9% |
| 2013 | 75,351,107,029.06 | -18.6% |
| 2012 | 92,540,938,129.13 | +92.1% |
| 2011 | 48,169,263,294.1 | -36.1% |
| 2010 | 75,380,825,062.42 | +24.0% |
| 2009 | 60,808,562,033.42 | -29.9% |
| 2008 | 86,710,767,415.14 | +27.5% |
| 2007 | 68,032,978,390.6 | +13.2% |
| 2006 | 60,094,231,606.64 | +27.0% |
| 2005 | 47,334,691,241.49 | +42.9% |
| 2004 | 33,122,307,692.31 | +26.1% |
| 2003 | 26,265,625,000 | +28.2% |
| 2002 | 20,481,889,763.78 | -40.0% |
| 2001 | 34,112,093,927.25 | -10.9% |
| 2000 | 38,270,954,138.11 | +6.4% |
| 1999 | 35,975,860,857.12 | +32.0% |
| 1998 | 27,251,301,398.28 | -11.2% |
| 1997 | 30,700,897,874.87 | +10.1% |
| 1996 | 27,884,615,384.62 | +9.2% |
| 1995 | 25,541,379,186.65 | -10.7% |
| 1994 | 28,610,549,763.47 | -6.7% |
| 1993 | 30,660,051,910.5 | -9.5% |
| 1992 | 33,887,047,909.27 | +5.9% |
| 1991 | 31,991,821,264.71 | +10.7% |
| 1990 | 28,904,183,602.48 | +14.9% |
| 1989 | 25,156,707,899.15 | +3.5% |
| 1988 | 24,308,959,591.2 | -8.9% |
| 1987 | 26,697,659,334.69 | +10.4% |
| 1986 | 24,180,400,959.43 | -23.3% |
| 1985 | 31,530,566,324.27 | +7.0% |
| 1984 | 29,476,109,152.75 | -11.2% |
| 1983 | 33,200,520,139.97 | -1.7% |
| 1982 | 33,760,146,990.57 | -7.2% |
| 1981 | 36,374,353,880.4 | -11.2% |
| 1980 | 40,953,924,948.74 | +34.1% |
| 1979 | 30,536,429,496.94 | +37.9% |
| 1978 | 22,136,422,643.4 | -1.3% |
| 1977 | 22,428,297,107.59 | +17.4% |
| 1976 | 19,096,943,016.57 | +29.8% |
| 1975 | 14,710,912,457.65 | -2.7% |
| 1974 | 15,112,543,717.13 | +75.2% |
| 1973 | 8,625,889,429.58 | +36.9% |
| 1972 | 6,299,395,543.96 | +19.8% |
| 1971 | 5,260,185,125.42 | +14.3% |
| 1970 | 4,601,649,451.34 | +5.0% |
| 1969 | 4,380,987,481.21 | +13.8% |
| 1968 | 3,850,623,094.95 | +41.2% |
| 1967 | 2,726,986,912.81 | +17.9% |
| 1966 | 2,312,438,535.82 | +28.1% |
| 1965 | 1,804,979,680.41 | +34.6% |
| 1964 | 1,341,395,421.44 | +50.3% |
| 1963 | 892,327,910.67 | +44.0% |
| 1962 | 619,725,784.91 | +39.6% |
| 1961 | 443,905,612.04 | +10.5% |
| 1960 | 401,644,248.94 | — |
Frequently asked questions
What was Libya’s GDP in 1961?
443,905,612.04 (1961). The full year-by-year table above lists every published year, most recent first.
Are Libya’s GDP figures nominal or inflation-adjusted?
They are exactly as the World Bank publishes them — current US$ — with no inflation restatement and no PPP conversion. Years the source does not report are omitted rather than interpolated.
Is Libya’s GDP growing or shrinking?
Between 1960 and 2025 the series was growing overall: +11875.5% in total — about 7.6% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.CD. 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: 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. Earlier years are in the full-history table below.
Related data
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.