Libya 2018
Detailed economic analysis and indicators for 2018
Key Economic Indicators (2018)
GDP (Current USD)
$76.69 billion
↑ 14.19% vs 2017GDP per Capita
$11,196.59
↑ 12.35% vs 2017GDP Growth (Annual %)
7.94%
↓ 24.55pp vs 2017Inflation Rate (CPI %)
13.17%
↓ 12.63pp vs 2017Year-over-Year Comparison
| Indicator | 2017 | 2018 | Change |
|---|---|---|---|
| GDP (Current USD) | $67.16 billion | $76.69 billion | +14.19% |
| GDP per Capita | $9,965.83 | $11,196.59 | +12.35% |
| GDP Growth (Annual %) | 32.49% | 7.94% | -24.55pp |
| Inflation (CPI %) | 25.80% | 13.17% | -12.63pp |
| Unemployment Rate (%) | 19.02% | 18.84% | -0.18pp |
All Economic Indicators (2018)
National Accounts
- GDP (Current USD)
- $76.69 billion
- GDP per Capita
- $11,196.59
- GDP Growth (Annual %)
- 7.94%
- Gross National Income
- $77.68 billion
Prices & Employment
- Inflation (CPI %)
- 13.17%
- Inflation (GDP Deflator %)
- 3.60%
- Unemployment Rate (%)
- 18.84%
- 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)
- 14.70%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2018, Libya's Gross Domestic Product (GDP) is $76.69 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Libya for 2018 is $11,196.59. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Libya for 2018 is 13.17%. This measures the annual percentage change in the cost of consumer goods and services.
Libya's annual GDP growth rate for 2018 is 7.94%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Libya for 2018 is 18.84%. This represents the percentage of the labor force that is unemployed and actively seeking employment.