Gross Domestic Product of Libya fell -1.7% in 2023 compared to last year. This rate is 30 -tenths of one percent less than the previous year, when changed 1.3%.
The GDP figure in 2023 was €46,695$50,492 million, Libya is number 91 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Libya dropped €6,428$5,447 million with respect to 2022.
The GDP per capita of Libya in 2023 was €6,933$7,497, €954$808 less than in 2022, when it was €7,887$8,305. 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 2013 when the GDP per capita in Libya was €9,054$12,026.
If we order the countries according to their GDP per capita, Libya is in 95th position of the 196 countries whose GDP we publish.
Here we show you the progression of the GDP in Libya. You can see GDP in other countries in GDP and see all the economic information about Libya in Libya's economy.