Gross Domestic Product of Libya fell -31.3% in 2020 compared to last year. This rate is 338 -tenths of one percent less than the previous year, when changed 2.5%.
The GDP figure in 2020 was €22,254$25,419 million, Libya is number 102 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Libya dropped €24,277$26,672 million with respect to 2019.
The GDP per capita of Libya in 2020 was €3,239$3,699, €3,835$4,220 less than in 2019, when it was €7,074$7,919. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2010 when the GDP per capita in Libya was €8,613$11,417.
If we order the countries according to their GDP per capita, Libya is in 120th position, its population has a low level of affluence compare tothe 196 countries whose GDP we publish.