Libya 2021
Detailed economic analysis and indicators for 2021
Key Economic Indicators (2021)
GDP (Current USD)
$35.22 billion
↓ 24.84% vs 2020GDP per Capita
$4,935.83
↓ 25.78% vs 2020GDP Growth (Annual %)
28.33%
↑ 57.79pp vs 2020Inflation Rate (CPI %)
2.87%
↑ 1.42pp vs 2020Year-over-Year Comparison
| Indicator | 2020 | 2021 | Change |
|---|---|---|---|
| GDP (Current USD) | $46.85 billion | $35.22 billion | -24.84% |
| GDP per Capita | $6,650.34 | $4,935.83 | -25.78% |
| GDP Growth (Annual %) | -29.46% | 28.33% | +57.79pp |
| Inflation (CPI %) | 1.45% | 2.87% | +1.42pp |
| Unemployment Rate (%) | 19.61% | 19.64% | +0.03pp |
All Economic Indicators (2021)
National Accounts
- GDP (Current USD)
- $35.22 billion
- GDP per Capita
- $4,935.83
- GDP Growth (Annual %)
- 28.33%
- Gross National Income
- $34.58 billion
Prices & Employment
- Inflation (CPI %)
- 2.87%
- Inflation (GDP Deflator %)
- 90.41%
- Unemployment Rate (%)
- 19.64%
- 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)
- 16.11%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2021, Libya's Gross Domestic Product (GDP) is $35.22 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Libya for 2021 is $4,935.83. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Libya for 2021 is 2.87%. This measures the annual percentage change in the cost of consumer goods and services.
Libya's annual GDP growth rate for 2021 is 28.33%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Libya for 2021 is 19.64%. This represents the percentage of the labor force that is unemployed and actively seeking employment.