ly Libya 2017

Detailed economic analysis and indicators for 2017

Year 2017

Key Economic Indicators (2017)

GDP (Current USD)

$67.16 billion

↑ 34.55% vs 2016
GDP per Capita

$9,965.83

↑ 32.42% vs 2016
GDP Growth (Annual %)

32.49%

↑ 33.98pp vs 2016
Inflation Rate (CPI %)

25.80%

↓ 0.05pp vs 2016

Year-over-Year Comparison

Indicator 2016 2017 Change
GDP (Current USD) $49.91 billion $67.16 billion +34.55%
GDP per Capita $7,525.80 $9,965.83 +32.42%
GDP Growth (Annual %) -1.49% 32.49% +33.98pp
Inflation (CPI %) 25.85% 25.80% -0.05pp
Unemployment Rate (%) 19.52% 19.02% -0.50pp

All Economic Indicators (2017)

National Accounts
GDP (Current USD)
$67.16 billion
GDP per Capita
$9,965.83
GDP Growth (Annual %)
32.49%
Gross National Income
$68.44 billion
Prices & Employment
Inflation (CPI %)
25.80%
Inflation (GDP Deflator %)
1.81%
Unemployment Rate (%)
19.02%
Interest Rate (Real %)
N/A
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
6.59%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2017, Libya's Gross Domestic Product (GDP) is $67.16 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Libya for 2017 is $9,965.83. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Libya for 2017 is 25.80%. This measures the annual percentage change in the cost of consumer goods and services.

Libya's annual GDP growth rate for 2017 is 32.49%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Libya for 2017 is 19.02%. This represents the percentage of the labor force that is unemployed and actively seeking employment.