Middle East, North Africa, Afghanistan & Pakistan
🇱🇾 Libya
Real-time economic and demographic statistics for Libya
GDP
#76
of 214
Population
#107
of 217
GDP per Capita
#88
of 214
GDP Growth
#4
of 214
Share of World
0.04%
of world GDP
Income Level
Upper middle income
Libya GDP (2015–2024)
-0.61%annual growth
Chart data: 2015: 48,717,501,321.305 USD, 2016: 49,912,073,701.298 USD, 2017: 67,157,452,181.774 USD, 2018: 76,686,029,772.148 USD, 2019: 69,254,496,471.694 USD, 2020: 46,854,285,440.642 USD, 2021: 35,217,995,647.286 USD, 2022: 43,246,297,921.85 USD, 2023: 45,096,462,972.401 USD, 2024: 46,636,278,901.902 USD
Demographics
7.4M
Population
+1.03%annual growth
Labor Market
18.61%
Unemployment Rate
-0.14ppannual change
Verified: Nov 2025
Economics
+2.13%
Inflation Rate
-0.25ppannual change
Frequently Asked Questions
- What is Libya's GDP?
- Libya's GDP is approximately $46.6 billion (2024, representing 0.0% of world GDP), making it the #76 largest economy out of 214 countries. Data sourced from the World Bank.
- What is Libya's population?
- Libya has a population of approximately 7.4M — the #107 most populous country in the world. Population data is collected annually by the World Bank from national statistical agencies.
- What is Libya's GDP per capita?
- Libya's GDP per capita is approximately $6,318, ranking #88 globally. This metric reflects average economic output per person and is a key indicator of living standards.
- How fast is Libya's economy growing?
- Libya's economy is currently contracting at approximately 0.6% per year, ranking #4 globally by GDP growth rate. Data sourced from the World Bank.
- What region is Libya in?
- Libya is located in the Middle East, North Africa, Afghanistan & Pakistan region and is classified as a upper middle income economy by the World Bank. This classification is based on gross national income (GNI) per capita.
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