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Libya
Libya
HistorySaid – pattern
Libya matched the Export Boom Cycle pattern in 2017. 19 pattern matches detected historically. View →
HistorySaid – ranking
Libya ranks 97th globally by GDP ($48.5B in 2024). View →
HistorySaid – inflation
Inflation in Libya fell from 2.4% (2023) to 2.1% (2024) – a 0.2pp shift. View →
HistorySaid – population
Libya has a population of 7.4 million as of 2024 (growth: 1.03%). View →
Economy & Growth
GDP $48.5B
GDP per Capita $6,569
GDP Growth 1.90%
▾
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|
| Agriculture Value Added | 1.69% | 1.77% | 2.39% | 1.21% Trend | 0.81% Trend | 0.41% Trend | – | – | – |
| GDP | $43.2B | $44.0B | $48.5B | $47.9B IMF WEO Oct 2025 | $49.2B IMF WEO Oct 2025 | $51.2B IMF WEO Oct 2025 | $53.1B IMF WEO Oct 2025 | $55.5B IMF WEO Oct 2025 | $57.9B IMF WEO Oct 2025 |
| GDP Deflator | 42.77% | -7.62% | 8.51% | 4.41% Trend | -2.75% Trend | -9.90% Trend | – | – | – |
| GDP Growth | -8.30% | 10.20% | 1.90% | 15.56% IMF WEO Oct 2025 | 4.23% IMF WEO Oct 2025 | 2.29% IMF WEO Oct 2025 | 1.75% IMF WEO Oct 2025 | 1.93% IMF WEO Oct 2025 | 2.21% IMF WEO Oct 2025 |
| GDP PPP | $88.6B | $101.2B | $105.6B | $125.2B IMF WEO Oct 2025 | $132.8B IMF WEO Oct 2025 | $138.2B IMF WEO Oct 2025 | $142.9B IMF WEO Oct 2025 | $148.2B IMF WEO Oct 2025 | $154.3B IMF WEO Oct 2025 |
| GDP per Capita | $5,987 | $6,027 | $6,569 | $6,866 IMF WEO Oct 2025 | $6,972 IMF WEO Oct 2025 | $7,183 IMF WEO Oct 2025 | $7,387 IMF WEO Oct 2025 | $7,634 IMF WEO Oct 2025 | $7,885 IMF WEO Oct 2025 |
| GDP per Capita PPP | $12,266 | $13,847 | $14,304 | $17,931 IMF WEO Oct 2025 | $18,837 IMF WEO Oct 2025 | $19,397 IMF WEO Oct 2025 | $19,859 IMF WEO Oct 2025 | $20,393 IMF WEO Oct 2025 | $21,024 IMF WEO Oct 2025 |
| GNI | $43.4B | $46.2B | $52.2B | $51.0B Trend | $53.1B Trend | $55.1B Trend | – | – | – |
| GNI per Capita | $6,010 | $6,160 | $6,890 | $6,299 Trend | $6,198 Trend | $6,097 Trend | – | – | – |
| Gross Savings | 34.49% | 24.72% | – | – | – | – | – | – | – |
| Industry Value Added | 76.84% | 78.90% | 73.50% | 99.74% Trend | 111.65% Trend | 123.56% Trend | – | – | – |
| Services Value Added | 26.58% | 23.98% | 28.34% | 1.42% Trend | -11.40% Trend | -24.23% Trend | – | – | – |
Italic values are IMF World Economic Outlook projections.
Prices & Inflation
Inflation Rate 2.13%
Consumer Price Index 284.18
PPP Conversion Factor 2.22
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| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|
| Consumer Price Index | 271.81 | 278.26 | 284.18 | 293.70 Trend | 301.79 Trend | 309.87 Trend | – | – | – |
| Inflation Rate | 4.51% | 2.37% | 2.13% | 1.82% IMF WEO Oct 2025 | 1.57% IMF WEO Oct 2025 | 1.57% IMF WEO Oct 2025 | 1.57% IMF WEO Oct 2025 | 1.57% IMF WEO Oct 2025 | 1.57% IMF WEO Oct 2025 |
| PPP Conversion Factor | 2.35 | 2.09 | 2.22 | 2.78 Trend | 3.09 Trend | 3.40 Trend | – | – | – |
Italic values are IMF World Economic Outlook projections.
Population
Population 7.4M
Population Growth 1.03%
Population Density 4.2
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| Indicator | 2023 | 2024 | 2025 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|
| Birth Rate | 17.0 | – | – | 15.9 Trend | 15.3 Trend | – | – |
| Death Rate | 6.7 | – | – | 6.5 Trend | 6.7 Trend | – | – |
| Dependency Ratio | 48.90 | 48.00 | – | 47.03 Trend | 46.09 Trend | 45.14 Trend | – |
| Fertility Rate | 2.36 | – | – | 2.26 Trend | 2.22 Trend | – | – |
| Life Expectancy | 69.3 | – | – | 70.2 Trend | 69.7 Trend | – | – |
| Net Migration | -2,001 | 3,448 | -172 | – | 1,664 Trend | 2,313 Trend | 2,963 Trend |
| Population | 7.3M | 7.4M | – | 7.5M Trend | 7.6M Trend | 7.6M Trend | – |
| Population Density | 4.2 | – | – | 4.3 Trend | 4.3 Trend | – | – |
| Population Growth | 1.13% | 1.03% | – | 0.97% Trend | 0.89% Trend | 0.81% Trend | – |
| Refugee Population | – | – | – | – | – | – | – |
| Urban Population | 87.86% | 87.89% | – | 87.90% Trend | 87.91% Trend | 87.92% Trend | – |
Italic values are IMF World Economic Outlook projections.
Employment
Unemployment Rate 18.76%
Youth Unemployment 50.06%
Labor Force Participation 47.96%
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| Indicator | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| Agriculture Employment | 10.60% | 10.52% | 10.00% | 9.95% Trend | 9.73% Trend | 9.51% Trend |
| Female Labor Participation | 33.47% | 33.28% | 33.00% | 33.82% Trend | 34.12% Trend | 34.41% Trend |
| Industry Employment | 18.28% | 18.08% | 18.63% | 18.44% Trend | 18.50% Trend | 18.55% Trend |
| Labor Force Participation | 48.51% | 48.27% | 47.96% | 49.15% Trend | 49.60% Trend | 50.06% Trend |
| Services Employment | 71.12% | 71.40% | 71.38% | 71.62% Trend | 71.77% Trend | 71.93% Trend |
| Unemployment Rate | 18.71% | 19.09% | 18.76% | – | – | – |
| Youth Unemployment | 49.86% | 50.59% | 50.06% | 49.39% Trend | 48.96% Trend | 48.53% Trend |
Italic values are IMF World Economic Outlook projections.
Government
Military Spending 5.29%
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| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|
| Budget Deficit | 23.60% | 8.22% | -25.05% | -4.31% IMF WEO Oct 2025 | -1.01% IMF WEO Oct 2025 | -1.11% IMF WEO Oct 2025 | -1.08% IMF WEO Oct 2025 | -1.06% IMF WEO Oct 2025 | -1.14% IMF WEO Oct 2025 |
| Education Spending | – | – | – | – | – | – | – | – | – |
| Government Debt to GDP | – | – | – | – | – | – | – | – | – |
| Government Revenue | 85.78% | 73.57% | 69.79% | 67.71% IMF WEO Oct 2025 | 61.66% IMF WEO Oct 2025 | 59.11% IMF WEO Oct 2025 | 57.31% IMF WEO Oct 2025 | 55.37% IMF WEO Oct 2025 | 53.41% IMF WEO Oct 2025 |
| Government Spending | – | – | – | – | – | – | – | – | – |
| Health Spending | 4.74% | 7.81% | – | 7.11% Trend | 7.33% Trend | – | – | – | – |
| Military Spending | 4.35% | 5.29% | – | 4.71% Trend | 4.40% Trend | – | – | – | – |
| Tax Revenue | – | – | – | – | – | – | – | – | – |
Italic values are IMF World Economic Outlook projections.
Debt
▾
Money
Lending Rate 6.00%
Deposit Rate 2.50%
Real Interest Rate 7.08%
▾
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|
| Credit to GDP | 10.72% | 12.22% | 13.04% | 8.85% Trend | 7.21% Trend | 5.57% Trend |
| Deposit Rate | – | – | – | – | – | – |
| Lending Rate | – | – | – | – | – | – |
| M2 Money Supply Growth | – | – | – | – | – | – |
| Non-Performing Loans | – | – | – | – | – | – |
| Real Interest Rate | – | – | – | – | – | – |
Italic values are IMF World Economic Outlook projections.
Currency
Exchange Rate 4.83
Foreign Reserves $92.9B
▾
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|
| Exchange Rate | 4.81 | 4.81 | 4.83 | 6.23 Trend | 6.95 Trend | 7.67 Trend |
| Foreign Reserves | $86.7B | $92.4B | $92.9B | $97.8B Trend | $101.4B Trend | $105.1B Trend |
| Real Effective Exchange Rate | – | – | – | – | – | – |
| Reserves in Months of Imports | 35.1 | 31.6 | – | 24.2 Trend | 19.9 Trend | – |
Italic values are IMF World Economic Outlook projections.
Trade
Exports $37.8B
Imports $33.3B
Trade Balance $7.3B
▾
| Indicator | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|
| Current Account Balance | 22.22% | 4.24% | – | 0.94% IMF WEO Oct 2025 | 0.60% IMF WEO Oct 2025 | 0.45% IMF WEO Oct 2025 | 0.41% IMF WEO Oct 2025 | 0.38% IMF WEO Oct 2025 | 0.43% IMF WEO Oct 2025 |
| Exports | $39.8B | $37.8B | – | $48.6B Trend | $53.3B Trend | – | – | – | – |
| FDI Inflows | 1.62% | 1.81% | – | 1.84% Trend | 1.89% Trend | – | – | – | – |
| FDI Outflows | 0.14% | -0.37% | -0.12% | -0.61% Trend | -0.89% Trend | -1.16% Trend | – | – | – |
| Imports | $27.9B | $33.3B | – | $37.0B Trend | $39.9B Trend | – | – | – | – |
| Remittances Received | – | – | – | – | – | – | – | – | – |
| Tourism Receipts | – | – | – | – | – | – | – | – | – |
| Trade Balance | $12.0B | $6.6B | $7.3B | $12.8B Trend | $15.2B Trend | $17.5B Trend | – | – | – |
| Trade Openness | 156.32% | 159.43% | 128.82% | 177.22% Trend | 192.30% Trend | 207.38% Trend | – | – | – |
Italic values are IMF World Economic Outlook projections.
Financial Markets
▾
| Indicator | 2012 | 2013 | 2014 |
|---|---|---|---|
| Interest Rate Spread | 3.50% | 3.50% | 3.50% |
| Listed Companies | – | – | – |
| Market Capitalization | – | – | – |
| Stock Turnover Ratio | – | – | – |
Italic values are IMF World Economic Outlook projections.
Political Stability
Political Stability -2.17
Government Effectiveness -1.64
Regulatory Quality -1.95
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| Indicator | 2021 | 2022 | 2023 | 2025 | 2026 |
|---|---|---|---|---|---|
| Control of Corruption | -1.58 | -1.53 | -1.53 | -1.50 Trend | -1.48 Trend |
| Government Effectiveness | -1.75 | -1.76 | -1.64 | -1.60 Trend | -1.56 Trend |
| Political Stability | -2.31 | -2.19 | -2.17 | -1.91 Trend | -1.81 Trend |
| Regulatory Quality | -1.97 | -2.09 | -1.95 | -1.77 Trend | -1.68 Trend |
| Rule of Law | -1.80 | -1.80 | -1.77 | -1.78 Trend | -1.77 Trend |
| Voice and Accountability | -1.45 | -1.38 | -1.39 | -1.35 Trend | -1.34 Trend |
Italic values are IMF World Economic Outlook projections.
Health
Health Expenditure per Capita $470
Infant Mortality Rate 15.9
Maternal Mortality Ratio 59.00
▾
| Indicator | 2021 | 2022 | 2023 | 2025 | 2026 |
|---|---|---|---|---|---|
| Health Expenditure per Capita | $299 | $284 | $470 | $274 Trend | $239 Trend |
| Hospital Beds | 3.20 | 3.50 | – | 3.56 Trend | – |
| Infant Mortality Rate | 8.7 | 8.4 | 15.9 | 15.4 Trend | 16.6 Trend |
| Maternal Mortality Ratio | 98.00 | 60.00 | 59.00 | 61.40 Trend | 59.10 Trend |
| Physicians | – | – | – | – | – |
Italic values are IMF World Economic Outlook projections.
Education
Literacy Rate 60.16%
Tertiary Enrollment 58.54%
Education Spending 2.26%
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| Indicator | 2004 | 2005 | 2006 |
|---|---|---|---|
| Education Spending | – | – | – |
| Literacy Rate | – | – | – |
| Primary Enrollment | 108.33% | 102.51% | 107.00% |
| Tertiary Enrollment | – | – | – |
Italic values are IMF World Economic Outlook projections.
Energy
Renewable Energy 3.10%
▾
| Indicator | 2021 | 2022 | 2023 | 2025 | 2026 |
|---|---|---|---|---|---|
| CO2 Emissions | – | – | – | – | – |
| CO2 per Capita | – | – | – | – | – |
| Electricity Access | 70.20% | 70.00% | 73.20% | 74.26% Trend | 75.26% Trend |
| Energy Use per Capita | 2,369 | 2,539 | – | 1,574 Trend | – |
| Forest Area | 0.12% | 0.12% | 0.12% | 0.12% Trend | 0.12% Trend |
| Renewable Energy | 3.10% | – | – | – | – |
Italic values are IMF World Economic Outlook projections.
Technology
Internet Users 88.50%
Mobile Subscriptions 192.97
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| Indicator | 2021 | 2022 | 2023 | 2025 | 2026 |
|---|---|---|---|---|---|
| High-tech Exports | – | – | – | – | – |
| Internet Users | 88.56% | 88.64% | 88.50% | 116.69% Trend | 125.18% Trend |
| Mobile Subscriptions | 195.12 | 192.97 | – | 270.32 Trend | – |
| Patent Applications | – | – | – | – | – |
| R&D Spending | – | – | – | – | – |
Italic values are IMF World Economic Outlook projections.
Inequality
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