The Gross Domestic Product (GDP) in Libya was worth 50.98 billion US dollars in 2017. The GDP value of Libya represents 0.08 percent of the world economy. GDP in Libya averaged 42.29 USD Billion from 1990 until 2017, reaching an all time high of 87.14 USD Billion in 2008 and a record low of 20.48 USD Billion in 2002.
GDP in Libya is expected to be 55.80 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Libya GDP is projected to trend around 59.10 USD Billion in 2020, according to our econometric models.