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Economy Snapshot

Libya Economy and Trade

TripoliLocal time

GDP $48.10B · real growth 13.4% · latest verified annual data

Libya's macroeconomic panel uses $48.10B as the nominal GDP observation for 2025 and 13.4% as the real-growth observation for 2025. GDP per capita is $6,449 for 2025; no comparable CPI observation is inserted where the page has not verified one. Reference years remain attached to each series so readers can compare the figures without treating differently dated measures as one snapshot.

Nominal GDP
$48.10B
current US$ · 2025
World Bank
GDP per capita
$6,449
current US$ · 2025
Source listed below
Real GDP growth
13.4%
annual % · 2025
Source listed below
Inflation
Unavailable
CPI annual % · Unavailable
Source listed below

Libya at a Glance

Each measure keeps its actual reference year and definition.

Output trend

Nominal GDP · annual observations · current US$ · World Bank
201520172019202120232025$48.72B$48.10B
2015: $48.72B2016: $49.91B2017: $67.16B2018: $76.69B2019: $69.25B2020: $46.85B2021: $35.22B2022: $43.25B2023: $44.03B2024: $48.49B2025: $48.10B
GDP per capita$6,449
Real growth13.4%
GDP year2025
2025 Unemployment
18.8%
labor-market measure
2025 GDP per capita
$6,449
current US$

Macro signals

Available measures are shown with their reported reference periods.

Macro signals

World Bank annual observations
MACRO
Real growth202513.4%
Unemployment202518.8%
Inflation · UnavailableUnavailable
Understand the numbers

What Libya's economic profile is telling you

Libya's 2025 World Bank series shows a sharp rebound in real GDP alongside high modeled unemployment. The WTO profile still exposes old merchandise import data for 2019, so no current trade balance is presented.

Reading the macro data

Nominal GDP measures current-dollar size. Real growth, inflation and unemployment describe different economic conditions and can have different reference years.

Reading the trade data

Merchandise trade covers goods. A balance appears only when exports and imports have a verified matching year and currency basis.

Detailed Economic Data

IndicatorLibyaReference periodStatus
GDPcurrent US$$48.10B2025Actual
GDP per capitacurrent US$$6,4492025Actual
Real GDP growthannual %13.4%2025Actual
InflationCPI annual %UnavailableUnavailableUnavailable
Unemploymentmodeled ILO estimate18.8%2025Estimate
Merchandise balancematched year requiredNot calculatedUnavailableUnavailable

Frequently Asked Questions

What is Libya's latest GDP?

The World Bank GDP observation used here is $48.10B for 2025.

What does merchandise trade show for Libya?

A matched merchandise export and import pair was not independently resolved on this page, so no goods balance is calculated.

Sources & methodology

Sources for the economic indicators and definitions shown above.

View sources used for this page
WTO Tariff and Trade Data

Matched-year merchandise trade where independently resolved.