Libya GDP

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 as per the World Bank's estimates.

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.

Libya GDP (Worldbank Estimates)

The net change in Libya's GDP (Nominal) in 2023 decreased by -5.45 billion dollars(-10.79%), and GDP (PPP) increased by 2.54 international billion dollars(1.88%).

Source: worldbank Nominal PPP

Libya Annual GDP Table

NominalPPP
YearBil $Net Chg% ChgInt Bil $Net Chg% Chg
19600.40-- ---
19610.440.049.09 % ---
19620.620.1829.03 % ---
19630.890.2730.34 % ---
19641.340.4533.58 % ---
19651.800.4625.56 % ---
19662.310.5122.08 % ---
19672.730.4215.38 % ---
19683.851.1229.09 % ---
19694.380.5312.10 % ---
19704.600.224.78 % ---
19715.260.6612.55 % ---
19726.301.0416.51 % ---
19738.632.3327.00 % ---
197415.116.4842.89 % ---
197514.71-0.40-2.72 % ---
197619.104.3922.98 % ---
197722.433.3314.85 % ---
197822.14-0.29-1.31 % ---
197930.548.4027.50 % ---
198040.9510.4125.42 % ---
198136.37-4.58-12.59 % ---
198233.76-2.61-7.73 % ---
198333.20-0.56-1.69 % ---
198429.48-3.72-12.62 % ---
198531.532.056.50 % ---
198624.18-7.35-30.40 % ---
198726.702.529.44 % ---
198824.31-2.39-9.83 % ---
198925.160.853.38 % ---
199028.903.7412.94 % 76.34--
199131.993.099.66 %91.2714.9316.36 %
199233.891.905.61 %90.82-0.45-0.50 %
199330.66-3.23-10.53 %89.47-1.35-1.51 %
199428.61-2.05-7.17 %93.153.683.95 %
199525.54-3.07-12.02 %92.99-0.16-0.17 %
199627.882.348.39 %96.723.733.86 %
199730.702.829.19 %103.516.796.56 %
199827.25-3.45-12.66 %100.96-2.55-2.53 %
199935.988.7324.26 %103.162.202.13 %
200038.272.295.98 %109.376.215.68 %
200134.11-4.16-12.20 %109.870.500.46 %
200220.48-13.63-66.55 %110.500.630.57 %
200326.275.7922.04 %127.3516.8513.23 %
200433.126.8520.68 %136.619.266.78 %
200547.3314.2130.02 %157.6221.0113.33 %
200660.0912.7621.23 %173.0415.428.91 %
200768.037.9411.67 %188.8015.768.35 %
200886.7118.6821.54 %192.133.331.73 %
200960.81-25.90-42.59 %184.81-7.32-3.96 %
201075.3814.5719.33 %196.4611.655.93 %
201148.17-27.21-56.49 %99.58-96.88-97.29 %
201292.5444.3747.95 %165.7766.1939.93 %
201375.35-17.19-22.81 %133.35-32.42-24.31 %
201457.37-17.98-31.34 %112.54-20.81-18.49 %
201548.72-8.65-17.75 %116.944.403.76 %
201649.911.192.38 %112.49-4.45-3.96 %
201767.1617.2525.68 %121.478.987.39 %
201876.699.5312.43 %129.317.846.06 %
201972.08-4.61-6.40 %117.16-12.15-10.37 %
202065.69-6.39-9.73 %108.21-8.95-8.27 %
202147.79-17.90-37.46 %122.3914.1811.59 %
202255.948.1514.57 %132.7610.377.81 %
202350.49-5.45-10.79 %135.302.541.88 %