Nominal GDP in billions of USD
Year -
$50.49 billions(-9.74%)
In 2023, Libya witnessed a decrease in its Nominal GDP, falling to 50.49 billion dollars, and an increase in its GDP based on Purchasing Power Parity (PPP), which reached 135.30 international billion dollars.
Relatedly, in the preceding year of 2022, Libya has Nominal GDP stood at 55.94 billion dollars, while the GDP based on PPP was 132.76 international billion dollars.
The net change in Libya's GDP (Nominal) in 2023 decreased by -5.45 billion dollars(-9.74%), and GDP (PPP) increased by 2.54 international billion dollars(1.91%).
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | 0.4 | - | - | - | - | - |
| 1961 | 0.44 | 0.04 | 10 % | - | - | - |
| 1962 | 0.62 | 0.18 | 40.91 % | - | - | - |
| 1963 | 0.89 | 0.27 | 43.55 % | - | - | - |
| 1964 | 1.34 | 0.45 | 50.56 % | - | - | - |
| 1965 | 1.8 | 0.46 | 34.33 % | - | - | - |
| 1966 | 2.31 | 0.51 | 28.33 % | - | - | - |
| 1967 | 2.73 | 0.42 | 18.18 % | - | - | - |
| 1968 | 3.85 | 1.12 | 41.03 % | - | - | - |
| 1969 | 4.38 | 0.53 | 13.77 % | - | - | - |
| 1970 | 4.6 | 0.22 | 5.02 % | - | - | - |
| 1971 | 5.26 | 0.66 | 14.35 % | - | - | - |
| 1972 | 6.3 | 1.04 | 19.77 % | - | - | - |
| 1973 | 8.63 | 2.33 | 36.98 % | - | - | - |
| 1974 | 15.11 | 6.48 | 75.09 % | - | - | - |
| 1975 | 14.71 | -0.4 | -2.65 % | - | - | - |
| 1976 | 19.1 | 4.39 | 29.84 % | - | - | - |
| 1977 | 22.43 | 3.33 | 17.43 % | - | - | - |
| 1978 | 22.14 | -0.29 | -1.29 % | - | - | - |
| 1979 | 30.54 | 8.4 | 37.94 % | - | - | - |
| 1980 | 40.95 | 10.41 | 34.09 % | - | - | - |
| 1981 | 36.37 | -4.58 | -11.18 % | - | - | - |
| 1982 | 33.76 | -2.61 | -7.18 % | - | - | - |
| 1983 | 33.2 | -0.56 | -1.66 % | - | - | - |
| 1984 | 29.48 | -3.72 | -11.2 % | - | - | - |
| 1985 | 31.53 | 2.05 | 6.95 % | - | - | - |
| 1986 | 24.18 | -7.35 | -23.31 % | - | - | - |
| 1987 | 26.7 | 2.52 | 10.42 % | - | - | - |
| 1988 | 24.31 | -2.39 | -8.95 % | - | - | - |
| 1989 | 25.16 | 0.85 | 3.5 % | - | - | - |
| 1990 | 28.9 | 3.74 | 14.86 % | 76.34 | - | - |
| 1991 | 31.99 | 3.09 | 10.69 % | 91.27 | 14.93 | 19.56 % |
| 1992 | 33.89 | 1.9 | 5.94 % | 90.82 | -0.45 | -0.49 % |
| 1993 | 30.66 | -3.23 | -9.53 % | 89.47 | -1.35 | -1.49 % |
| 1994 | 28.61 | -2.05 | -6.69 % | 93.15 | 3.68 | 4.11 % |
| 1995 | 25.54 | -3.07 | -10.73 % | 92.99 | -0.16 | -0.17 % |
| 1996 | 27.88 | 2.34 | 9.16 % | 96.72 | 3.73 | 4.01 % |
| 1997 | 30.7 | 2.82 | 10.11 % | 103.51 | 6.79 | 7.02 % |
| 1998 | 27.25 | -3.45 | -11.24 % | 100.96 | -2.55 | -2.46 % |
| 1999 | 35.98 | 8.73 | 32.04 % | 103.16 | 2.2 | 2.18 % |
| 2000 | 38.27 | 2.29 | 6.36 % | 109.37 | 6.21 | 6.02 % |
| 2001 | 34.11 | -4.16 | -10.87 % | 109.87 | 0.5 | 0.46 % |
| 2002 | 20.48 | -13.63 | -39.96 % | 110.5 | 0.63 | 0.57 % |
| 2003 | 26.27 | 5.79 | 28.27 % | 127.35 | 16.85 | 15.25 % |
| 2004 | 33.12 | 6.85 | 26.08 % | 136.61 | 9.26 | 7.27 % |
| 2005 | 47.33 | 14.21 | 42.9 % | 157.62 | 21.01 | 15.38 % |
| 2006 | 60.09 | 12.76 | 26.96 % | 173.04 | 15.42 | 9.78 % |
| 2007 | 68.03 | 7.94 | 13.21 % | 188.8 | 15.76 | 9.11 % |
| 2008 | 86.71 | 18.68 | 27.46 % | 192.13 | 3.33 | 1.76 % |
| 2009 | 60.81 | -25.9 | -29.87 % | 184.81 | -7.32 | -3.81 % |
| 2010 | 75.38 | 14.57 | 23.96 % | 196.46 | 11.65 | 6.3 % |
| 2011 | 48.17 | -27.21 | -36.1 % | 99.58 | -96.88 | -49.31 % |
| 2012 | 92.54 | 44.37 | 92.11 % | 165.77 | 66.19 | 66.47 % |
| 2013 | 75.35 | -17.19 | -18.58 % | 133.35 | -32.42 | -19.56 % |
| 2014 | 57.37 | -17.98 | -23.86 % | 112.54 | -20.81 | -15.61 % |
| 2015 | 48.72 | -8.65 | -15.08 % | 116.94 | 4.4 | 3.91 % |
| 2016 | 49.91 | 1.19 | 2.44 % | 112.49 | -4.45 | -3.81 % |
| 2017 | 67.16 | 17.25 | 34.56 % | 121.47 | 8.98 | 7.98 % |
| 2018 | 76.69 | 9.53 | 14.19 % | 129.31 | 7.84 | 6.45 % |
| 2019 | 72.08 | -4.61 | -6.01 % | 117.16 | -12.15 | -9.4 % |
| 2020 | 65.69 | -6.39 | -8.87 % | 108.21 | -8.95 | -7.64 % |
| 2021 | 47.79 | -17.9 | -27.25 % | 122.39 | 14.18 | 13.1 % |
| 2022 | 55.94 | 8.15 | 17.05 % | 132.76 | 10.37 | 8.47 % |
| 2023 | 50.49 | -5.45 | -9.74 % | 135.3 | 2.54 | 1.91 % |