The Gross Domestic Product (GDP) in Libya was worth 56.30 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Libya represents 0.05 percent of the world economy.
GDP in Libya averaged 42.28 USD Billion from 1990 until 2019, reaching an all time high of 87.14 USD Billion in 2008 and a record low of 20.48 USD Billion in 2002. 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 - values, historical data and charts - was last updated on May of 2020. source: World Bank
GDP in Libya is expected to reach 54.10 USD Billion by the end of 2020, 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 2021 and 63.00 USD Billion in 2022, according to our econometric models.