Libya 2019
Detailed economic analysis and indicators for 2019
Key Economic Indicators (2019)
GDP (Current USD)
$69.25 billion
↓ 9.69% vs 2018GDP per Capita
$9,963.19
↓ 11.02% vs 2018GDP Growth (Annual %)
-11.20%
↓ 19.14pp vs 2018Inflation Rate (CPI %)
-2.16%
↓ 15.33pp vs 2018Year-over-Year Comparison
| Indicator | 2018 | 2019 | Change |
|---|---|---|---|
| GDP (Current USD) | $76.69 billion | $69.25 billion | -9.69% |
| GDP per Capita | $11,196.59 | $9,963.19 | -11.02% |
| GDP Growth (Annual %) | 7.94% | -11.20% | -19.14pp |
| Inflation (CPI %) | 13.17% | -2.16% | -15.33pp |
| Unemployment Rate (%) | 18.84% | 19.05% | +0.21pp |
All Economic Indicators (2019)
National Accounts
- GDP (Current USD)
- $69.25 billion
- GDP per Capita
- $9,963.19
- GDP Growth (Annual %)
- -11.20%
- Gross National Income
- $71.08 billion
Prices & Employment
- Inflation (CPI %)
- -2.16%
- Inflation (GDP Deflator %)
- 4.18%
- Unemployment Rate (%)
- 19.05%
- 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)
- 6.96%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2019, Libya's Gross Domestic Product (GDP) is $69.25 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Libya for 2019 is $9,963.19. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Libya for 2019 is -2.16%. This measures the annual percentage change in the cost of consumer goods and services.
Libya's annual GDP growth rate for 2019 is -11.20%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Libya for 2019 is 19.05%. This represents the percentage of the labor force that is unemployed and actively seeking employment.