Macro‑Economic Monitor

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Libya economy

Libya’s economy grew 13.4% in 2025, faster than the world as a whole (2.9%). Consumer prices rose 1.8% in 2025, and 18.8% of the labour force was out of work.

IndicatorLatestYear
Real GDP growth13.4%2025
Inflation (consumer prices)1.8%2025
Unemployment18.8%2025
GDP (US dollars)$48.1 bn2025
GDP per person (US dollars)$6,4492025
GDP per person (PPP, international dollars)$14,3042024
Current account balance, % of GDP4.2%2023
Population7.5 m2025
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Source: World Bank, World Development Indicators (CC BY 4.0). Data release 2026-10-22. Figures are revised by their publishers.