Algeria vs Libya

Algeria vs Libya: GDP growth

GDP growth: 3.7% a year in Algeria in 2024 and -11.2% a year in Libya in 2019, by IMF estimates. In 2019 the value was higher in Algeria, by 12.1 percentage points.

% a year · IMF

Algeria vs Libya: GDP growthGDP growth: 3.7% a year in Algeria in 2024 and -11.2% a year in Libya in 2019, by IMF estimates. In 2019 the value was higher in Algeria, by 12.1 percentage points.
AlgeriaLibyaIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Algeria has been higher since 2019, when it overtook Libya.
  • The IMF projection (World Economic Outlook, October 2026) puts Algeria at 3% a year and Libya at 2.1% a year in 2031.

Every year

% a year · IMF

YearAlgeriaLibya
20243.74.2
20234.110.5
20223.6-8.6
20213.827.3
2020-5-29.5
20190.9-11.2
20181.47.9
20171.532.5
20163.9-1.5
20153.2-0.8
20144.1-23
20132.6-18
20122.486.8
20113-50.3
20104.85
20091.2-4.4
20082.5-0.2
20073.16.2
20062.90.3
20055.410.6
20044.55.8
20036.516.1
20025.4-3.7
200132.6
20003.84
19993.2-0.2
19985.1-0.7
19971.1-2.6
19963.81.8
19953.8-15.4
1994-0.93.2
1993-2.1-5.5
19921.6-4.5
1991-1.218.3
19900.83.7
19894.87.2
1988-1.97.6
1987-0.7-14.7
1986-0.2-11.4
19855.60.6
19845.6-8.3
19835.4-4.7
19826.41.5
19813-20
1980-5.40.6
  • 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2025–2031
YearAlgeriaLibya
20253.915.9
20263.83.3
20273.22.9
20283.12.7
20293.12.5
203032.3
203132.1

Each country on its own

Good to know

  • How much the economy grew or shrank in a year, after inflation.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

Algeria vs Libya

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