Libya GDP
Gross Domestic Product in current US dollars NY.GDP.MKTP.CD
Libya's gdp was $47.9B in 2025, ranked 94th globally. This represents a 1.1% decrease from 2024. Data from World Bank, covering 1960–2025.
Overview
Libya's gdp stood at $47.9B in 2025, a decline of +$546.2M from 2024. The IMF projects $47.9B by 2025. Libya ranked 94th globally.
Libya’s gross domestic product has expanded from a modest $401,644,248.94 in 1960, the lowest point in the 66‑year series, to $92,540,938,129.13 at its 2012 peak, before retreating to $47,941,000,000.00 in 2025, which places the country 94th globally. The post‑peak decline reflects the cumulative impact of political instability, disrupted oil production and reduced foreign investment that followed the 2011 uprising, while the modest rebound to the mid‑2020s aligns Libya’s output with peers such as Latvia ($47,880,000,000.00) and Paraguay ($47,398,000,000.00). Although the 2025 figure remains well below the 2012 high, it exceeds the early‑stage baseline, indicating a partial recovery driven by incremental improvements in oil exports and tentative fiscal reforms. Continued stabilization of governance and diversification away from hydrocarbon dependence will be crucial for converting this modest upward movement into a sustained long‑term growth trajectory.
Data & projection
| Year | GDP | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | $57.9B | - | - |
| 2029* IMF | $55.5B | - | - |
| 2028* IMF | $53.1B | - | - |
| 2027* IMF | $51.2B | - | - |
| 2026* IMF | $49.2B | - | - |
| 2025* IMF | $47.9B | - | - |
| 2025 | $47.9B | −$546.2M | #94 |
| 2024 | $48.5B | +$4.5B | #107 |
| 2023 | $44.0B | +$746.7M | #110 |
| 2022 | $43.2B | +$8.0B | #117 |
| 2021 | $35.2B | −$11.7B | #112 |
| 2020 | $46.9B | −$22.4B | #126 |
| 2019 | $69.3B | −$7.4B | #140 |
| 2018 | $76.7B | +$9.5B | #143 |
| 2017 | $67.2B | +$17.2B | #141 |
| 2016 | $49.9B | +$1.2B | #132 |
| 2015 | $48.7B | −$8.7B | #129 |
| 2014 | $57.4B | −$18.0B | #136 |
| 2013 | $75.4B | −$17.2B | #144 |
| 2012 | $92.5B | +$44.4B | #149 |
| 2011 | $48.2B | −$27.2B | #133 |
Detected Pattern
Analysis
Libya matched the Export Boom Cycle pattern in 2017. Historically, 71% of countries showing this pattern (546 out of 768) saw gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Libya's gdp was $47.9B in 2025. Ranked 94th globally. This represents a 1.1% decrease from the previous year.
Libya's gdp peaked at $92.5B in 2012.
The lowest gdp in Libya was $401.6M in 1960.
Libya ranks 94th globally in gdp as of 2025.
The World Bank indicator code is NY.GDP.MKTP.CD. Data sourced from World Bank.
Libya's gdp is projected to reach $47.9B by 2025 based on IMF projection.
Libya's gdp was approximately 47.94 billion ($47.9B) in 2025.
The gdp of Libya in 2025 was $47.9B. This ranks 94th in the world.
Cite this page
@misc{historysaid_libya_gdp,
title = {Libya GDP},
url = {https://historysaid.com/libya/gdp/},
publisher = {HistorySaid},
year = {2026}
}