The Gross Domestic Product (GDP) in Libya was worth 25.42 billion US dollars in 2020, according to official data from the World Bank. The GDP value of Libya represents 0.02 percent of the world economy. source: World Bank

GDP in Libya averaged 41.73 USD Billion from 1990 until 2020, 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 October of 2021.

GDP in Libya is expected to reach 51.00 USD Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Libya GDP is projected to trend around 52.00 USD Billion in 2022, according to our econometric models.

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Libya GDP


Libya Last Unit Reference Previous Highest Lowest
GDP 25.42 USD Billion Dec/20 52.08 87.14 20.48


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.
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