The Gross Domestic Product (GDP) in Libya was worth 48.32 billion US dollars in 2018. The GDP value of Libya represents 0.08 percent of the world economy. GDP in Libya averaged 41.80 USD Billion from 1990 until 2018, 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 56.30 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 60.00 USD Billion in 2020, according to our econometric models.

Libya GDP
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Forecast Data Chart
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Libya GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 10.90 55.00 104.37 -62.10 percent [+]
GDP 48.32 38.12 87.14 20.48 USD Billion [+]
GDP Constant Prices 20388.20 39016.30 78165.80 20388.20 LYD Million [+]
GDP per capita 7529.00 7085.50 12064.80 4539.00 USD [+]
GDP per capita PPP 18405.50 17321.50 29493.90 11096.20 USD [+]


Libya GDP

The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides the latest reported value for - Libya GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Libya GDP - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
48.32 38.12 87.14 20.48 1990 - 2018 USD Billion Yearly
Current USD




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