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COUNTRY OUTLOOK / LY

Libya

Unverified rate framework · ISO:LY

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Missing or stale rateTarget · 31 Oct 2026Issued · 15 Sep 2026, 02:54 UTCRESEARCH ONLY
CapitalTripoli
RegionMiddle East, North Africa, Afghanistan & Pakistan
Income groupUpper middle income
CurrencyLibyan dinar
GDP$48.1B2025 · current US$
Real GDP growth13.37%2025 · annual %
Population7.46M2025 · people
GDP per capita$6,448.822025 · current US$

Latest available annual observations; years differ by indicator. Monetary values use the stated current-price basis and are not forecasts. World Bank data fetched 2026-09-15.

Economic structure

2025 · share of GDP

Broad sectors use the latest common year. Manufacturing is included in industry. Shares can total less than 100% because of taxes and accounting adjustments.

Libya's largest reported broad sector is industry including construction in 2025.

Monetary & research context

Policy authorityISO:LY
Policy frameworkunverified rate framework
Native targetpolicy benchmark rate
Decision evidence0
Calendar evidence0
Communication records0

Evidence counts include research inputs; they do not establish live coverage or independent observations. A country's economic composition is descriptive and does not establish what caused a model forecast.

Country events & results ↗

Explore annual trends

Real GDP growth

13.37% · 2025 · annual %

Real GDP growth · annual %-29.46%1.52%32.49%2014: -23.0428058282215 annual %2015: -0.842656252118843 annual %2016: -1.4909411172622 annual %2017: 32.4918021862688 annual %2018: 7.9413678529104 annual %2019: -11.1960828853386 annual %2020: -29.4552967282824 annual %2021: 28.2996823429147 annual %2022: -8.29981811198795 annual %2023: 10.2000497852517 annual %2024: 1.89995052025442 annual %2025: 13.3717080516958 annual %20142025
View annual observations
YearValue (annual %)
202513.372
20241.900
202310.200
2022-8.300
202128.300
2020-29.455
2019-11.196
20187.941
201732.492
2016-1.491
2015-0.843
2014-23.043
World Bank source & definition ↗

Economy

GDP$48.1B2025 · current US$Source & definition ↗
Real GDP growth13.37%2025 · annual %Source & definition ↗
GDP per capita$6,448.822025 · current US$Source & definition ↗
GDP at purchasing power parityInt$ 123.23B2025 · current international $Source & definition ↗

People

Population7.46M2025 · peopleSource & definition ↗
Population growth1.04%2025 · annual %Source & definition ↗
Urban population87.91%2025 · % of populationSource & definition ↗
Life expectancy71.122024 · yearsSource & definition ↗
Unemployment · ILO estimate18.76%2025 · % of labor forceSource & definition ↗
Labor force participation · ages 15+47.96%2025 · % of population ages 15+Source & definition ↗

Sectors

Agriculture, forestry & fishing1.50%2025 · % of GDPSource & definition ↗
Industry including construction73.25%2025 · % of GDPSource & definition ↗
Services26.91%2025 · % of GDPSource & definition ↗
Manufacturing2.81%2017 · % of GDPSource & definition ↗

Trade & investment

Exports of goods & services71.71%2025 · % of GDPSource & definition ↗
Imports of goods & services65.95%2025 · % of GDPSource & definition ↗
Current account balance4.24%2023 · % of GDPSource & definition ↗
Foreign direct investment · net inflows1.81%2023 · % of GDPSource & definition ↗

Money & public finance

Consumer inflation1.84%2025 · annual %Source & definition ↗
Central government debtNot available% of GDP
Tax revenueNot available% of GDP
Government cash surplus / deficitNot available% of GDP
Domestic credit to private sector12.54%2025 · % of GDPSource & definition ↗
Total reserves including gold$104.66B2025 · current US$Source & definition ↗

Infrastructure

Internet use81.95%2024 · % of populationSource & definition ↗
Access to electricity77.40%2024 · % of populationSource & definition ↗

Geography

Surface area1,759,5402023 · square kmSource & definition ↗

Government debt covers central government, which can differ substantially from general-government debt. Indicator definitions, estimation methods and coverage differ. Latest available does not mean current-year: older observations remain explicitly dated. Source: World Bank WDI and its underlying contributors.

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Every forecast has a boundary.This is a dated research snapshot, not an automatically updating market feed. Source gaps, model limitations, and adverse results are retained.

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