Libya

GDP growth in Libya

GDP growth in Libya: 0.6% a year in 1980 and -11.2% a year in 2019, by IMF estimates.

Latest, 2019
-11.2% a year
Since 1980
−11.8 percentage points
Projected, 2031
2.1% a year
IMF projection (World Economic Outlook, October 2026)
Watch it change on the map

% a year · IMF

GDP growth in LibyaGDP growth in Libya: 0.6% a year in 1980 and -11.2% a year in 2019, by IMF estimates. The IMF projection (World Economic Outlook, October 2026) puts it at 2.1% a year in 2031.
Estimates, IMFIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • The IMF projection (World Economic Outlook, October 2026) puts it at 2.1% a year in 2031.
  • The highest was 86.8% a year in 2012, the lowest -50.3% a year in 2011.

Every year

% a year · IMF

YearLibya
2019-11.2
20187.9
201732.5
2016-1.5
2015-0.8
2014-23
2013-18
201286.8
2011-50.3
20105
2009-4.4
2008-0.2
20076.2
20060.3
200510.6
20045.8
200316.1
2002-3.7
20012.6
20004
1999-0.2
1998-0.7
1997-2.6
19961.8
1995-15.4
19943.2
1993-5.5
1992-4.5
199118.3
19903.7
19897.2
19887.6
1987-14.7
1986-11.4
19850.6
1984-8.3
1983-4.7
19821.5
1981-20
19800.6
IMF projection (World Economic Outlook, October 2026) · 2020–2031
YearLibya
2020-29.5
202127.3
2022-8.6
202310.5
20244.2
202515.9
20263.3
20272.9
20282.7
20292.5
20302.3
20312.1

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

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