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Libya flag Libya:

Economic indicators of Libya : Growth

Main Indicators

Main Indicators 20202021 (e)2022 (e)2023 (e)2024 (e)
GDP (billions USD) 46.8839.0140.8443.7545.62
GDP (Constant Prices, Annual % Change) -29.528.3-18.517.98.0
GDP per Capita (USD) 7e5666
General Government Gross Debt (in % of GDP) 0.0000.0000.0000.0000.000
Inflation Rate (%)
Current Account (billions USD) -3.977.066.7610.7310.41
Current Account (in % of GDP) -8.518.116.624.522.8

Source: IMF – World Economic Outlook Database - Latest available data.

Note: (e) Estimated Data

Monetary Indicators 20162017201820192020
Lybian Dinar (LYD) - Average Annual Exchange Rate For 1 EUR 1.481.571.611.571.60

Source: World Bank - Latest available data.


Main Sectors of Industry

Breakdown of Economic Activity By Sector Agriculture Industry Services
Employment By Sector (in % of Total Employment) 16.4 24.4 59.2
Value Added (in % of GDP) 1.8 77.5 n/a
Value Added (Annual % Change) n/a n/a n/a

Source: World Bank - Latest available data.

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Latest Update: November 2022