Libya Live GDP
$30,815,029,760
GDP Added Today
$61,764,006
Libya GDP (2026)
LiveLibyaโs economy is dominated by oil and natural gas, which account for most exports, public revenue, and foreign-exchange earnings. The country also has potential in construction, transportation, agriculture, renewable energy, and private services if political and security conditions become more stable. This page examines Libya GDP data, historical volatility, and the economic outlook for 2026.
GDP Growth Rate (2026)
6.70%
vs 2025
โผ โ9.20%
GDP Per Capita (2026)
$6,962
vs 2025
โฒ +$963
Global Rank (Nominal)
#100
of 218 countries
World Share
0.04%
of 2026 World GDP
Years Covered
1980โ2026
47 years
Libya GDP Growth (1980โ2026)
Annual real GDP growth rate (%)
Historical Highlights
1980โ2026 GDP performance summary
Highest GDP
$92.54B
Lowest GDP
$21.13B
Average Growth
1.01%
1980โ2026
Best Growth
86.80%
Weakest Growth
-50.30%
Share of World GDP (2026)
Libya
0.04%
United States
25.58%
China
16.47%
Germany
4.31%
Japan
3.46%
Rest of World
50.14%
Key Findings
โ
Libya's GDP in 2026 is $52.45B.
โ
It ranks #100 among 218 countries.
โ
Libya contributes 0.04% to the world economy.
โ
GDP per capita is $6,962 in 2026.
โ
The economy recorded GDP growth of 6.70% in 2026.
Historical Data
Libya GDP Historical Data (1980โ2026)
| 2026 | $52,453,000,000 | 6.70% | $6,962 | 0.04% | #99 |
| 2025 | $44,732,000,000 | 15.90% | $5,999 | 0.04% | #103 |
| 2024 | $49,349,000,000 | 4.20% | $6,686 | 0.04% | #96 |
| 2023 | $43,958,000,000 | 10.50% | $6,017 | 0.04% | #98 |
| 2022 | $43,281,000,000 | -8.60% | $5,991 | 0.04% | #97 |
| 2021 | $35,216,000,000 | 27.30% | $4,936 | 0.04% | #102 |
| 2020 | $46,893,000,000 | -29.50% | $6,656 | 0.05% | #87 |
| 2019 | $69,237,000,000 | -11.20% | $9,961 | 0.08% | #76 |
| 2018 | $76,682,000,000 | 7.90% | $11,196 | 0.09% | #71 |
| 2017 | $67,153,000,000 | 32.50% | $9,965 | 0.08% | #73 |
| 2016 | $49,913,000,000 | -1.50% | $7,526 | 0.06% | #83 |
| 2015 | $48,718,000,000 | -0.80% | $7,459 | 0.06% | #85 |
| 2014 | $57,384,000,000 | -23.00% | $8,928 | 0.07% | #79 |
| 2013 | $75,355,000,000 | -18.00% | $11,952 | 0.10% | #70 |
| 2012 | $92,542,000,000 | 86.80% | $14,976 | 0.12% | #65 |
| 2011 | $48,170,000,000 | -50.30% | $7,594 | 0.06% | #82 |
| 2010 | $75,381,000,000 | 5.00% | $11,601 | 0.11% | #65 |
| 2009 | $60,767,000,000 | -4.40% | $9,544 | 0.10% | #66 |
| 2008 | $86,804,000,000 | -0.20% | $13,921 | 0.13% | #65 |
| 2007 | $68,211,000,000 | 6.20% | $11,174 | 0.12% | #65 |
| 2006 | $60,094,000,000 | 0.30% | $10,049 | 0.12% | #62 |
| 2005 | $48,852,000,000 | 10.60% | $8,338 | 0.10% | #63 |
| 2004 | $34,054,000,000 | 5.80% | $5,936 | 0.08% | #67 |
| 2003 | $27,026,000,000 | 16.10% | $4,809 | 0.07% | #67 |
| 2002 | $21,128,000,000 | -3.70% | $3,836 | 0.06% | #70 |
| 2001 | $35,206,000,000 | 2.60% | $6,515 | 0.10% | #59 |
| 2000 | $39,498,000,000 | 4.00% | $7,445 | 0.12% | #57 |
| 1999 | $37,129,000,000 | -0.20% | $7,115 | 0.11% | #56 |
| 1998 | $30,921,000,000 | -0.70% | $6,015 | 0.10% | #59 |
| 1997 | $37,702,000,000 | -2.60% | $7,444 | 0.12% | #57 |
| 1996 | $36,827,000,000 | 1.80% | $7,384 | 0.11% | #57 |
| 1995 | $33,739,000,000 | -15.40% | $6,876 | 0.11% | #58 |
| 1994 | $29,719,000,000 | 3.20% | $6,163 | 0.11% | #57 |
| 1993 | $31,912,000,000 | -5.50% | $6,742 | 0.12% | #57 |
| 1992 | $35,459,000,000 | -4.50% | $7,642 | 0.14% | #54 |
| 1991 | $34,995,000,000 | 18.30% | $7,701 | 0.14% | #52 |
| 1990 | $31,627,000,000 | 3.70% | $7,115 | 0.14% | #54 |
| 1989 | $27,446,000,000 | 7.20% | $5,817 | 0.13% | #56 |
| 1988 | $25,870,000,000 | 7.60% | $5,732 | 0.13% | #57 |
| 1987 | $23,009,000,000 | -14.70% | $5,752 | 0.13% | #55 |
| 1986 | $24,756,000,000 | -11.40% | $6,453 | 0.17% | #53 |
| 1985 | $30,384,000,000 | 0.60% | $8,229 | 0.24% | #45 |
| 1984 | $30,890,000,000 | -8.30% | $8,319 | 0.26% | #46 |
| 1983 | $32,988,000,000 | -4.70% | $9,268 | 0.28% | #45 |
| 1982 | $34,616,000,000 | 1.50% | $10,135 | 0.30% | #43 |
| 1981 | $34,720,000,000 | -20.00% | $10,645 | 0.30% | #43 |
| 1980 | $40,190,000,000 | 0.60% | $12,889 | 0.36% | #38 |
Libya GDP Projections (IMF)
i| Year | GDP Nominal (Current USD) | GDP Growth Rate (%) | GDP Per Capita (USD) | World Share (%) | Global Rank |
|---|---|---|---|---|---|
| 2027 | $50,082,000,000 | 4.50% | $6,580 | 0.04% | #98 |
| 2028 | $49,772,000,000 | 4.50% | $6,472 | 0.04% | #102 |
| 2029 | $49,842,000,000 | 4.20% | $6,415 | 0.03% | #104 |
| 2030 | $49,763,000,000 | 4.00% | $6,339 | 0.03% | #106 |
| 2031 | $49,473,000,000 | 3.80% | $6,238 | 0.03% | #109 |
Libya Economy Overview
Libya has a hydrocarbon-dependent economy in which crude oil and natural gas account for most exports, government revenue, and foreign-currency earnings. Its relatively low-cost oil reserves provide substantial economic potential, but production has often been interrupted by political divisions, security disputes, and damage to infrastructure.
The public sector is the countryโs largest employer, while construction, retail, transportation, telecommunications, and small private businesses support non-oil activity. Agriculture is limited by water scarcity but produces dates, olives, vegetables, cereals, and livestock. Libya imports a large share of its food and manufactured goods. Greater political stability could support reconstruction, renewable energy, transportation, tourism, and broader private-sector development.
Libya GDP Outlook
Libyaโs GDP outlook is dominated by the stability of oil production, the security of export facilities, and progress toward political reconciliation. Reliable petroleum output could finance reconstruction of housing, electricity, roads, healthcare, and public infrastructure. Renewable energy, logistics, construction, agriculture, and private services offer longer-term diversification potential. Continued political division, armed disruptions, institutional rivalry, oil-price volatility, water scarcity, corruption, and dependence on public spending make future performance highly unpredictable.