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Libya – GDP Deflator

Name: Libya GDP Deflator
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Inflation as measured by the annual growth rate of the GDP implicit deflator. Captures price changes for all domestically produced goods and services. · World Bank

8.51% +16.13pp from 2023 G20 rank: 162nd · all-time high: 90.46% (2021)

APA

Libya GDP Deflator. HistorySaid. Retrieved March 10, 2026, from https://historysaid.com/libya/gdp-deflator

BibTeX

@misc{historysaid_libya_gdp-deflator,
  title = {Libya GDP Deflator},
  url = {https://historysaid.com/libya/gdp-deflator},
  publisher = {HistorySaid},
  year = {2026}
}

Data & Projection▾

Year	Value	Change	Rank
2027* trend	-9.90%	–	–
2026* trend	-2.75%	–	–
2025* trend	4.41%	–	–
2024	8.51%	+16.13pp	162nd
2023	-7.62%	−50.39pp	12th
2022	42.77%	−47.68pp	199th
2021	90.46%	+95.21pp	203rd
2020	-4.75%	−8.93pp	17th
2019	4.18%	+0.58pp	157th
2018	3.60%	+1.79pp	124th
2017	1.81%	−2.89pp	72nd
2016	4.69%	+11.73pp	159th
2015	-7.04%	−6.03pp	15th
2014	-1.01%	−1.09pp	18th
2013	0.09%	−5.90pp	32nd
2012	5.98%	−18.36pp	142nd
2011	24.34%	+5.06pp	200th
2010	19.28%	+44.13pp	193rd
2009	-24.85%	−48.56pp	3rd
2008	23.71%	+21.27pp	192nd
2007	2.44%	−17.24pp	33rd
2006	19.68%	−8.89pp	188th
2005	28.57%	+5.96pp	196th
2004	22.61%	+8.24pp	196th
2003	14.36%	−12.88pp	181st
2002	27.25%	+20.06pp	189th
2001	7.18%	−6.12pp	142nd
2000	13.31%	−16.67pp	150th
1999	29.98%	+36.61pp	181st
1998	-6.63%	−17.04pp	14th
1997	10.41%	−1.25pp	143rd
1996	11.66%	+2.08pp	135th
1995	9.59%	+4.81pp	109th
1994	4.78%	+3.14pp	68th
1993	1.63%	−7.56pp	38th
1992	9.20%	+14.32pp	107th
1991	-5.13%	−9.83pp	5th
1990	4.70%	+3.64pp	53rd
1989	1.06%	+18.83pp	14th
1988	-17.78%	−38.68pp	1st
1987	20.91%	+28.74pp	141st
1986	-7.84%	−6.59pp	14th
1985	-1.25%	+5.25pp	20th
1984	-6.50%	−7.34pp	2nd
1983	0.84%	+10.56pp	21st
1982	-9.72%	−19.63pp	1st
1981	9.91%	−23.29pp	80th
1980	33.20%	+6.60pp	125th
1979	26.61%	+31.06pp	130th
1978	-4.46%	−12.35pp	4th
1977	7.89%	+2.25pp	48th
1976	5.64%	+12.07pp	42nd
1975	-6.43%	−47.91pp	2nd
1974	41.48%	+18.96pp	121st
1973	22.52%	+21.21pp	120th
1972	1.31%	−19.09pp	17th
1971	20.40%	+20.32pp	137th
1970	0.08%	−0.52pp	18th
1969	0.61%	−4.88pp	12th
1968	5.48%	−0.65pp	84th
1967	6.14%	−1.89pp	88th
1966	8.03%	+3.03pp	94th
1965	5.00%	+1.38pp	75th
1964	3.62%	−3.02pp	59th
1963	6.64%	+1.30pp	86th
1962	5.34%	+4.77pp	89th
1961	0.57%	–	23rd

Show all years (1961–2024)

* Linear trend extrapolation from last 5 data points

Detected Pattern▾

Export Boom Cycle

Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.

Reserves YoY +13.1% GDP growth 32.5% C/A balance 6.6%

This pattern occurred 682 times in G20 history, 460 successful

United Arab Emirates 2024

Reserves YoY

+25.6%

GDP growth

4.0%

C/A balance

14.5%

Guatemala 2024

Reserves YoY

+14.6%

GDP growth

3.7%

C/A balance

2.9%

Cambodia 2024

Reserves YoY

+12.6%

GDP growth

6.0%

C/A balance

0.5%

Sri Lanka 2024

Reserves YoY

+38.3%

GDP growth

5.0%

C/A balance

1.2%

Lesotho 2024

Reserves YoY

+18.0%

GDP growth

2.9%

C/A balance

3.9%

Lithuania 2024

Reserves YoY

+20.1%

GDP growth

2.8%

C/A balance

3.3%

HistorySaid

Libya's gdp deflator peaked at 90.46% in 2021. The 2024 reading of 8.51% is -90.6% below that level. Based on recent trends, HistorySaid estimates 4.41% by 2025.