Libya
LBYMiddle East, North Africa, Afghanistan & PakistanUpper middle incomeCapital: Tripoli▶About Libya
Libya's GDP is $49.16B (2026), with a population of 7.4M, and GDP per capita of $6,972. Key indicators include real GDP growth of 4.2%, inflation at 1.6%, life expectancy of 69.3 years. Data sourced from the IMF World Economic Outlook and World Bank World Development Indicators.
The economy is projected to experience a GDP growth rate of 4.2% in 2026, with an estimated GDP of $49.164 billion. The GDP per capita is expected to reach $6,971.67 in the same year, classifying it as an upper middle-income region. Inflation is anticipated to be low at 1.6%. Trade is significant, with trade to GDP ratio at 128.82% in 2024. Unemployment is a notable challenge, with a rate of 18.76% projected for 2025. Societally, the population is approximately 7.38 million as of 2024. Life expectancy stands at 69.34 years, reflecting ongoing health and social development efforts. The capital, Tripoli, serves as the political and economic hub, influencing regional dynamics and development.
▶Economy29 indicators · 2020–2027 · IMF / WB
▶Fiscal & Monetary9 indicators · 2021–2027 · IMF / WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Inflation, Consumer Prices (%) | 1.6% | 2027 | ▲ 0.0% | IMF |
| Fiscal Balance (% of GDP) | -1.1% | 2027 | ▼ 10.0% | IMF |
| Current Account Balance (% of GDP) | 0.5% | 2027 | ▼ 16.7% | IMF |
| Inflation, CPI (%, World Bank) | 2.1% | 2024 | ▼ 10.4% | WB |
| Total Reserves incl. Gold (USD) | $92.89B | 2024 | ▲ 0.5% | WB |
| Total Reserves (months of imports) | 31.6 | 2023 | ▼ 10.2% | WB |
| Official Exchange Rate (per USD) | 4.83 | 2024 | ▲ 0.4% | WB |
| PPP Conversion Factor | 2.22 | 2024 | ▲ 5.9% | WB |
| Broad Money (% of GDP) | 64.4% | 2021 | ▼ 67.4% | WB |
▶Trade13 indicators · 2019–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Trade (% of GDP) | 128.8% | 2024 | ▼ 19.2% | WB |
| Exports of Goods & Services (% of GDP) | 72.0% | 2024 | ▼ 17.4% | WB |
| Imports of Goods & Services (% of GDP) | 56.8% | 2024 | ▼ 21.3% | WB |
| Exports of Goods & Services (USD) | $34.90B | 2024 | ▼ 9.1% | WB |
| Imports of Goods & Services (USD) | $27.56B | 2024 | ▼ 13.4% | WB |
| Merchandise Exports (USD) | $29.06B | 2024 | ▼ 12.1% | WB |
| Merchandise Imports (USD) | $18.50B | 2024 | ▲ 1.7% | WB |
| FDI Inflows (% of GDP) | 1.8% | 2023 | ▲ 11.2% | WB |
| FDI Outflows (% of GDP) | -0.1% | 2024 | ▲ 68.7% | WB |
| FDI Net Inflows (USD) | $794.7M | 2023 | ▲ 13.2% | WB |
| High-Tech Exports (% of manufactured) | 0.6% | 2019 | — | WB |
| Current Account Balance (% of GDP) | 4.2% | 2023 | ▼ 80.9% | WB |
| Current Account Balance (USD) | $1.86B | 2023 | ▼ 80.6% | WB |
▶External Debt2 indicators · 2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Net ODA Received (% of GNI) | 0.8% | 2023 | ▲ 27.4% | WB |
| Net ODA Received (USD) | $359.7M | 2023 | ▲ 35.8% | WB |
▶Finance4 indicators · 2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Domestic Credit to Private Sector (% of GDP) | 13.0% | 2024 | ▲ 6.7% | WB |
| Account Ownership at Financial Institution (%) | 33.1% | 2024 | — | WB |
| Account Ownership, Female (%) | 24.7% | 2024 | — | WB |
| Account Ownership, Male (%) | 41.4% | 2024 | — | WB |
▶People23 indicators · 2023–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Population | 7.4M | 2024 | ▲ 1.0% | WB |
| Population Growth (%) | 1.0% | 2024 | ▼ 8.9% | WB |
| Population Density (per km²) | 4 | 2023 | ▲ 1.1% | WB |
| Surface Area (sq km) | 1.8M | 2023 | ▲ 0.0% | WB |
| Land Area (sq km) | 1.8M | 2023 | ▲ 0.0% | WB |
| Urban Population (%) | 87.9% | 2024 | ▲ 0.0% | WB |
| Urban Population (total) | 6.5M | 2024 | ▲ 1.1% | WB |
| Rural Population (%) | 12.1% | 2024 | ▼ 0.2% | WB |
| Life Expectancy at Birth | 69.3 years | 2023 | ▼ 6.9% | WB |
| Life Expectancy, Male | 68.3 years | 2023 | ▼ 5.2% | WB |
| Life Expectancy, Female | 70.4 years | 2023 | ▼ 8.7% | WB |
| Fertility Rate (births per woman) | 2.4 | 2023 | ▼ 2.0% | WB |
| Birth Rate (per 1,000) | 17 | 2023 | ▼ 2.9% | WB |
| Death Rate (per 1,000) | 6.7 | 2023 | ▲ 38.4% | WB |
| Net Migration | -172 | 2025 | ▼ 105.0% | WB |
| Population Ages 0–14 (%) | 27.4% | 2024 | ▼ 2.0% | WB |
| Population Ages 15–64 (%) | 67.6% | 2024 | ▲ 0.6% | WB |
| Population Ages 65+ (%) | 5.0% | 2024 | ▲ 2.9% | WB |
| Age Dependency Ratio (%) | 48.0% | 2024 | ▼ 1.8% | WB |
| Old-Age Dependency Ratio (%) | 7.4% | 2024 | ▲ 2.3% | WB |
| Youth Dependency Ratio (%) | 40.6% | 2024 | ▼ 2.6% | WB |
| Mortality Rate, Adult Male (per 1,000) | 180.2 | 2023 | ▲ 12.9% | WB |
| Mortality Rate, Adult Female (per 1,000) | 169.9 | 2023 | ▲ 71.0% | WB |
▶Labor17 indicators · 2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Total Labor Force | 2.6M | 2025 | ▲ 1.2% | WB |
| Labor Force Participation (%) | 48.0% | 2025 | ▼ 0.6% | WB |
| Female Labor Force Participation (%) | 33.0% | 2025 | ▼ 0.9% | WB |
| Male Labor Force Participation (%) | 62.5% | 2025 | ▼ 0.5% | WB |
| Unemployment (%) | 18.8% | 2025 | ▼ 1.7% | WB |
| Female Unemployment (%) | 25.2% | 2025 | ▼ 0.7% | WB |
| Male Unemployment (%) | 15.5% | 2025 | ▼ 2.5% | WB |
| Youth Unemployment (%) | 50.1% | 2025 | ▼ 1.0% | WB |
| Employment in Agriculture (%) | 10.0% | 2025 | ▼ 5.0% | WB |
| Employment in Industry (%) | 18.6% | 2025 | ▲ 3.0% | WB |
| Employment in Services (%) | 71.4% | 2025 | ▼ 0.0% | WB |
| Vulnerable Employment (%) | 21.6% | 2025 | ▼ 2.0% | WB |
| Wage & Salaried Workers (% of total) | 74.1% | 2025 | ▲ 0.5% | WB |
| Employers (% of total employment) | 4.3% | 2025 | ▲ 1.0% | WB |
| Labor Force, Female (% of total) | 33.9% | 2025 | ▼ 0.2% | WB |
| Employment to Population Ratio (%) | 39.0% | 2025 | ▼ 0.2% | WB |
| Self-Employed (% of total) | 25.9% | 2025 | ▼ 1.5% | WB |
▶Education2 indicators · 2006 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Primary School Enrollment (%) | 107.0% | 2006 | — | WB |
| Secondary School Enrollment (%) | 97.6% | 2006 | — | WB |
▶Health36 indicators · 2017–2024 · WHO
▶Energy & Environment15 indicators · 2020–2024 · WB / WHO
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| CO₂ Emissions (tonnes per capita) | 8.7 | 2024 | ▲ 0.2% | WB |
| CO₂ Emissions (total kilotonnes) | 64 | 2024 | ▲ 1.2% | WB |
| Energy Use (kg oil eq. per capita) | 2,539 | 2022 | ▲ 7.2% | WB |
| Electric Power Consumption (kWh per capita) | 3,979 | 2022 | ▼ 0.6% | WB |
| Renewable Electricity Output (%) | 0.0% | 2021 | ▼ 15.2% | WB |
| Renewable Energy Consumption (%) | 3.1% | 2021 | ▼ 3.1% | WB |
| Access to Electricity (%) | 73.2% | 2023 | ▲ 4.6% | WB |
| PM2.5 Air Pollution (µg/m³) | 33 | 2020 | ▼ 9.6% | WB |
| Forest Area (%) | 0.1% | 2023 | ▲ 0.0% | WB |
| Forest Area (sq km) | 2,170 | 2023 | ▲ 0.0% | WB |
| Arable Land (%) | 1.0% | 2023 | ▲ 0.0% | WB |
| Terrestrial Protected Areas (%) | 0.2% | 2024 | ▲ 0.0% | WB |
| Marine Protected Areas (%) | 0.6% | 2024 | ▲ 0.0% | WB |
| Access to Basic Drinking Water (%) | 96.4% | 2024 | ▲ 0.3% | WHO |
| Access to Basic Sanitation (%) | 88.5% | 2024 | ▼ 0.1% | WHO |
▶Agriculture11 indicators · 2022–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Agricultural Land (%) | 8.7% | 2023 | ▲ 0.0% | WB |
| Cereal Yield (kg per hectare) | 671 | 2023 | ▼ 0.1% | WB |
| Food Production Index (2014–2016=100) | 105.8 | 2022 | ▲ 0.4% | WB |
| Crop Production Index (2014–2016=100) | 98.3 | 2022 | ▼ 0.5% | WB |
| Livestock Production Index (2014–2016=100) | 120.5 | 2022 | ▲ 2.0% | WB |
| Land Under Cereal Production (hectares) | 309,742 | 2023 | ▼ 0.8% | WB |
| Total Fisheries Production (metric tonnes) | 32,130 | 2023 | ▼ 1.4% | WB |
| Fertilizer Consumption (kg per hectare) | 22 | 2023 | ▲ 35.1% | WB |
| Prevalence of Undernourishment (%) | 16.5% | 2023 | ▼ 0.6% | WB |
| Annual Freshwater Withdrawals (% of internal) | 817.1% | 2022 | ▲ 0.0% | WB |
| Cereal Production (metric tons) | 207,965 | 2023 | ▼ 0.9% | WB |
▶Technology8 indicators · 2019–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Internet Users (%) | 88.5% | 2023 | ▼ 0.2% | WB |
| Mobile Subscriptions (per 100 people) | 193 | 2022 | ▼ 1.1% | WB |
| Fixed Broadband Subscriptions (per 100) | 4.5 | 2022 | ▼ 2.9% | WB |
| Secure Internet Servers (per million) | 388.6 | 2024 | ▲ 246.2% | WB |
| Scientific Journal Articles | 408 | 2022 | ▼ 10.6% | WB |
| High-Technology Exports (USD) | $1.1M | 2019 | — | WB |
| ICT Service Exports (% of service exports) | 1.9% | 2023 | ▼ 94.1% | WB |
| ICT Service Exports (USD) | $11.9M | 2023 | ▼ 55.3% | WB |
▶Infrastructure6 indicators · 2019–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Air Transport, Passengers Carried | 1.1M | 2023 | ▲ 2.8% | WB |
| Air Transport, Freight (million ton-km) | 60.1 | 2023 | ▲ 26.8% | WB |
| Container Port Traffic (TEU) | 271,231 | 2019 | — | WB |
| Logistics Performance Index (1–5) | 1.90 | 2022 | — | WB |
| Electricity from Oil (%) | 23.9% | 2022 | ▲ 1.8% | WB |
| Electricity from Nuclear (%) | 0.0% | 2021 | — | WB |
▶Gender5 indicators · 2006–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Women in Parliament (%) | 16.5% | 2024 | ▲ 0.0% | WB |
| Female Wage & Salaried Workers (%) | 76.9% | 2025 | ▲ 0.4% | WB |
| Adolescent Fertility Rate (per 1,000) | 5.9 | 2023 | ▼ 2.6% | WB |
| Gender Parity Index, Secondary | 1.18 | 2006 | — | WB |
| Gender Parity in Primary Education | 0.96 | 2006 | — | WB |
▶Governance10 indicators · 2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Control of Corruption | -1.53 | 2023 | ▲ 0.1% | WB |
| Government Effectiveness | -1.64 | 2023 | ▲ 6.8% | WB |
| Political Stability | -2.17 | 2023 | ▲ 1.2% | WB |
| Regulatory Quality | -1.95 | 2023 | ▲ 6.9% | WB |
| Rule of Law | -1.77 | 2023 | ▲ 1.8% | WB |
| Voice & Accountability | -1.39 | 2023 | ▼ 0.7% | WB |
| Control of Corruption (percentile rank) | 3.8% | 2023 | ▲ 0.0% | WB |
| Government Effectiveness (percentile rank) | 5.2% | 2023 | ▲ 120.0% | WB |
| Rule of Law (percentile rank) | 2.4% | 2023 | ▲ 0.0% | WB |
| Political Stability (percentile rank) | 4.3% | 2023 | ▲ 0.5% | WB |
▶Military5 indicators · 2020–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Military Spending (% of GDP) | 5.3% | 2023 | ▲ 21.6% | WB |
| Military Expenditure (USD) | $1.57B | 2023 | ▲ 29.5% | WB |
| Armed Forces Personnel | 0 | 2020 | — | WB |
| Armed Forces (% of labor force) | 0.0% | 2020 | — | WB |
| Military Spending (% of govt expenditure) | 5.5% | 2023 | ▲ 21.2% | WB |
▶Tourism2 indicators · 2018 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Tourism Expenditures (USD) | $2.04B | 2018 | — | WB |
| International Tourism, Transport Services (USD) | $52.0M | 2018 | — | WB |
▶Urban Development7 indicators · 2022–2025 · WB / WHO
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Urban Population Growth (%) | 1.0% | 2024 | ▼ 8.3% | WB |
| Population in Largest City | 1.2M | 2025 | ▲ 0.9% | WB |
| Population in Largest City (% of urban) | 18.4% | 2025 | ▼ 0.2% | WB |
| Population in Agglomerations >1M (% of total) | 16.1% | 2025 | ▼ 0.1% | WB |
| Population in Slums (% of urban) | 16.6% | 2022 | ▼ 30.0% | WB |
| Rural Population Growth (%) | 0.9% | 2024 | ▼ 13.9% | WB |
| Access to Safely Managed Sanitation (%) | 21.7% | 2024 | ▼ 0.3% | WHO |