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Economy of Libya

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Overview Economy Population Trade Government Finance Society Environment

GDP Composition by Industry

40.8% 41.9%
  • Agriculture, forestry & fishing: 3.6%
  • Mining, manufacturing & utilities: 40.8%
  • Construction: 3.1%
  • Trade, restaurants & hotels: 7.0%
  • Transport & communication: 3.6%
  • Finance, real estate & other services: 41.9%
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Agriculture, forestry & fishing
3.6%
Mining, manufacturing & utilities
40.8%
Construction
3.1%
Trade, restaurants & hotels
7.0%
Transport & communication
3.6%
Finance, real estate & other services
41.9%

Share of total gross value added by industry.
Source: UN National Accounts, 2024.

GDP

GDP (USD) 52.5B #97 / 190 2026
GDP (Local currency - LYD) 333B - 2026
Real GDP (Local currency - LYD) 107B - 2026
PPP GDP (Int$) 141B #95 / 191 2026
GNI (USD) 48.8B #93 / 210 2024

GDP per Capita

GDP per Capita (USD) 6,962 #111 / 190 2026
GDP per Capita (Local currency - LYD) 44,181 - 2026
Real GDP per Capita (Local currency - LYD) 14,185 - 2026
PPP GDP per Capita (Int$) 18,749 #110 / 191 2026
GNI per Capita (USD) 6,612 #118 / 210 2024

Economic Growth

GDP Growth 6.7% #10 / 191 2026

Prices and Inflation

Inflation Rate 10.5% #20 / 191 2026

Labor Market

Unemployment Rate No data - -

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