GDP Growth Rate
Year -
-1.67%
In 2023, Libya experienced a significant a decrease in its GDP growth rate, which fall to -1.67% from 1.34% in 2022. Additionally, the GDP per capita growth rate in Libya decrease to -2.76% in 2023, compared to 0.19% in 2022.
In 2023, Libya experienced a decrease in economic performance, with the GDP growth rate falling by 3.01%. Additionally, the GDP per capita growth rate decrease by 2.95%.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | 9.9% | 9.90% | 6.05% | 6.05% |
| 1962 | 32.52% | 22.62% | 27.66% | 21.61% |
| 1963 | 35.02% | 2.50% | 29.97% | 2.31% |
| 1964 | 45.07% | 10.05% | 40.04% | 10.07% |
| 1965 | 28.15% | -16.92% | 24.53% | -15.51% |
| 1966 | 18.59% | -9.56% | 15.88% | -8.65% |
| 1967 | 11.11% | -7.48% | 8.69% | -7.19% |
| 1968 | 33.86% | 22.75% | 30.86% | 22.17% |
| 1969 | 13.09% | -20.77% | 10.45% | -20.41% |
| 1970 | 4.95% | -8.14% | 2.4% | -8.05% |
| 1971 | -5.28% | -10.23% | -7.65% | -10.05% |
| 1972 | 9.13% | 14.41% | 6.17% | 13.82% |
| 1973 | 1.94% | -7.19% | -1.56% | -7.73% |
| 1974 | 22.19% | 20.25% | 16.86% | 18.42% |
| 1975 | 4.03% | -18.16% | -1.07% | -17.93% |
| 1976 | 22.88% | 18.85% | 16.67% | 17.74% |
| 1977 | 8.85% | -14.03% | 3.37% | -13.30% |
| 1978 | 3.3% | -5.55% | -1.88% | -5.25% |
| 1979 | 8.96% | 5.66% | 3.51% | 5.39% |
| 1980 | 0.69% | -8.27% | -4.27% | -7.78% |
| 1981 | -19.19% | -19.88% | -23.07% | -18.80% |
| 1982 | 2.81% | 22.00% | -2.02% | 21.05% |
| 1983 | -2.47% | -5.28% | -6.98% | -4.96% |
| 1984 | -5.04% | -2.57% | -8.8% | -1.82% |
| 1985 | 8.33% | 13.37% | 4.81% | 13.61% |
| 1986 | -11.35% | -19.68% | -14.05% | -18.86% |
| 1987 | -14.7% | -3.35% | -17.14% | -3.09% |
| 1988 | 7.58% | 22.28% | 4.65% | 21.79% |
| 1989 | 7.2% | -0.38% | 4.38% | -0.27% |
| 1990 | 3.72% | -3.48% | 1.1% | -3.28% |
| 1991 | 15.66% | 11.94% | 12.86% | 11.76% |
| 1992 | -2.71% | -18.37% | -4.96% | -17.82% |
| 1993 | -3.76% | -1.05% | -5.88% | -0.92% |
| 1994 | 1.93% | 5.69% | -0.18% | 5.70% |
| 1995 | -2.22% | -4.15% | -4.12% | -3.94% |
| 1996 | 2.13% | 4.35% | 0.29% | 4.41% |
| 1997 | 5.21% | 3.08% | 3.45% | 3.16% |
| 1998 | -3.55% | -8.76% | -5.07% | -8.52% |
| 1999 | 0.75% | 4.30% | -0.78% | 4.29% |
| 2000 | 3.68% | 2.93% | 1.73% | 2.51% |
| 2001 | -1.76% | -5.44% | -4.02% | -5.75% |
| 2002 | -0.96% | 0.80% | -3.33% | 0.69% |
| 2003 | 13.02% | 13.98% | 10.22% | 13.55% |
| 2004 | 4.46% | -8.56% | 1.8% | -8.42% |
| 2005 | 11.87% | 7.41% | 8.99% | 7.19% |
| 2006 | 6.5% | -5.37% | 4.09% | -4.90% |
| 2007 | 6.23% | -0.27% | 4.07% | -0.02% |
| 2008 | -0.16% | -6.39% | -2.27% | -6.34% |
| 2009 | -4.4% | -4.24% | -6.38% | -4.11% |
| 2010 | 5.03% | 9.43% | 2.9% | 9.28% |
| 2011 | -50.34% | -55.37% | -47.9% | -50.80% |
| 2012 | 86.83% | 137.17% | 96.96% | 144.86% |
| 2013 | -18% | -104.83% | -19.58% | -116.54% |
| 2014 | -23.04% | -5.04% | -24.46% | -4.88% |
| 2015 | -0.84% | 22.20% | -2.36% | 22.10% |
| 2016 | -1.49% | -0.65% | -2.9% | -0.54% |
| 2017 | 32.49% | 33.98% | 30.5% | 33.40% |
| 2018 | 7.94% | -24.55% | 6.28% | -24.22% |
| 2019 | -5.99% | -13.93% | -7.3% | -13.58% |
| 2020 | -58.32% | -52.33% | -58.85% | -51.55% |
| 2021 | 153.49% | 211.81% | 150.43% | 209.28% |
| 2022 | 1.34% | -152.15% | 0.19% | -150.24% |
| 2023 | -1.67% | -3.01% | -2.76% | -2.95% |