ly Libya 2022

Detailed economic analysis and indicators for 2022

Year 2022

Key Economic Indicators (2022)

GDP (Current USD)

$43.25 billion

↑ 22.80% vs 2021
GDP per Capita

$5,986.64

↑ 21.29% vs 2021
GDP Growth (Annual %)

-8.25%

↓ 36.59pp vs 2021
Inflation Rate (CPI %)

4.51%

↑ 1.64pp vs 2021

Year-over-Year Comparison

Indicator 2021 2022 Change
GDP (Current USD) $35.22 billion $43.25 billion +22.80%
GDP per Capita $4,935.83 $5,986.64 +21.29%
GDP Growth (Annual %) 28.33% -8.25% -36.59pp
Inflation (CPI %) 2.87% 4.51% +1.64pp
Unemployment Rate (%) 19.64% 19.28% -0.36pp

All Economic Indicators (2022)

National Accounts
GDP (Current USD)
$43.25 billion
GDP per Capita
$5,986.64
GDP Growth (Annual %)
-8.25%
Gross National Income
$42.95 billion
Prices & Employment
Inflation (CPI %)
4.51%
Inflation (GDP Deflator %)
42.70%
Unemployment Rate (%)
19.28%
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)
N/A
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2022, Libya's Gross Domestic Product (GDP) is $43.25 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Libya for 2022 is $5,986.64. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Libya for 2022 is 4.51%. This measures the annual percentage change in the cost of consumer goods and services.

Libya's annual GDP growth rate for 2022 is -8.25%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Libya for 2022 is 19.28%. This represents the percentage of the labor force that is unemployed and actively seeking employment.