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Macro

Libya

Middle East, North Africa, Afghanistan & Pakistan · Upper middle income · IMF WEO April 2026 · World Bank WDI

GDP▼ 9.4%
Current prices2025
45USD bn
GDP per capita▼ 10.3%
Current prices2025
5,999USD
Real GDP growth▲ 11.7 pp
Annual change2025
15.9%
Inflation▼ 0.3 pp
Average consumer prices2025
1.8%
Current account▲ 0.7 pp
Balance2025
-3.8% of GDP
Population▲ 1.0%
Total2025
7.46million

Real GDP growth, %

Since 1995 · lighter bars = IMF projection
-50.30.086.81995: -15.4%1996: 1.8%1997: -2.6%1998: -0.7%1999: -0.2%2000: 4.0%2001: 2.6%2002: -3.7%2003: 16.1%2004: 5.8%2005: 10.6%2006: 0.3%2007: 6.2%2008: -0.2%2009: -4.4%2010: 5.0%2011: -50.3%2012: 86.8%2013: -18.0%2014: -23.0%2015: -0.8%2016: -1.5%2017: 32.5%2018: 7.9%2019: -11.2%2020: -29.5%2021: 27.3%2022: -8.6%2023: 10.5%2024: 4.2%2025: 15.9%2026: 6.7% (IMF projection)2027: 4.5% (IMF projection)2028: 4.5% (IMF projection)2029: 4.2% (IMF projection)2030: 4.0% (IMF projection)2031: 3.8% (IMF projection)IMF projection19952000200520102015202020252030

Inflation, %

Average consumer prices · lighter bars = IMF projection
-9.90.025.91995: 8.3%1996: 4.0%1997: 3.6%1998: 3.7%1999: 2.6%2000: -2.9%2001: -8.8%2002: -9.9%2003: -2.1%2004: 1.3%2005: 2.7%2006: 1.5%2007: 6.2%2008: 10.4%2009: 2.4%2010: 2.5%2011: 15.9%2012: 6.1%2013: 2.6%2014: 2.4%2015: 10.0%2016: 25.9%2017: 25.8%2018: 13.2%2019: -2.2%2020: 1.4%2021: 2.9%2022: 4.5%2023: 2.4%2024: 2.1%2025: 1.8%2026: 10.5% (IMF projection)2027: 10.2% (IMF projection)2028: 10.2% (IMF projection)2029: 10.2% (IMF projection)2030: 10.2% (IMF projection)2031: 10.2% (IMF projection)IMF projection19952000200520102015202020252030

IMF outlook

IMF World Economic Outlook April 2026 · italics = IMF projection
Indicator2021202220232024202520262027202820292030
Real GDP growth %27.3-8.610.54.215.96.74.54.54.24.0
Inflation, average consumer prices %2.94.52.42.11.810.510.210.210.210.2
GDP, current prices USD bn35434449455250505050
GDP per capita, current prices USD4,9365,9916,0176,6865,9996,9626,5806,4726,4156,339
GDP per capita, PPP Int. USD12,64212,22113,84414,63117,25618,74919,81920,82821,86022,910
General government net lending/borrowing % of GDP14.823.6-7.2-25.9-31.1-20.9-23.8-23.9-22.7-21.4
Current account balance % of GDP11.422.24.2-4.4-3.84.21.60.91.00.9
Population million7.147.227.317.387.467.537.617.697.777.85

Government debt, % of GDP

General government gross debt

No data

Current account, % of GDP

Balance of payments
-33.10.046.72000: 10.9%2001: 4.3%2002: -10.2%2003: -12.7%2004: 20.6%2005: 35.7%2006: 46.7%2007: 43.7%2008: 42.7%2009: 15.4%2010: 19.3%2011: 6.6%2012: 25.8%2013: 0.0%2014: -33.1%2015: -18.9%2016: -9.4%2017: 6.6%2018: 14.7%2019: 6.7%2020: -10.2%2021: 11.4%2022: 22.2%2023: 4.2%2024: -4.4%2025: -3.8%2026: 4.2% (IMF projection)2027: 1.6% (IMF projection)2028: 0.9% (IMF projection)2029: 1.0% (IMF projection)2030: 0.9% (IMF projection)2031: 1.0% (IMF projection)IMF projection2000200520102015202020252030

Economic structure

Value added by sector, % of GDP · World Bank
AgricultureManufacturingOther industryServices
YearStructureAgricultureIndustryManufacturingServices
20154.434.84.172.4
20251.573.2–26.9

Income, trade and society

World Bank WDI · change over 10 years
IndicatorLatestUnitYear10Y change
GNI per capita, Atlas method7,250USD2025-13.4%
GNI, Atlas method54USD bn2025-1.1%
Exports of goods and services71.7% of GDP2025+49.5 pp
Imports of goods and services65.9% of GDP2025+31.3 pp
Life expectancy at birth71.1years2024-0.3%
Urban population87.9% of total2025+0.1 pp

Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)