Libya

Libya's real output grew 13.4% in 2025, yet its US$ GDP slipped 0.8% to US$48.1 billion, and the country fell 6 places to 102nd. The gap between the dollar and real figures was mostly exchange-rate and price effects. Libya now sits between Latvia and Estonia.

Industry dominates, at 73.2% of output, with services at 26.9% and agriculture at 1.5%. Manufacturing accounted for just 2.8% of GDP as of 2017. Inflation was 1.8%, but unemployment was 18.8%. Government gross debt stands at 153.8% of GDP, according to the IMF.

The longer view is flat. GDP is only 1.3 times its 2000 level of US$38.3 billion, when Libya ranked 57th, and remains far below the 2012 peak of US$92.5 billion. With a population of 7.5 million, GDP per capita is US$6,449, 113th of 196, and $16,521 international dollars in PPP terms, 112th. The IMF projects GDP of US$48.2 billion by 2030, a change of +0%, which would place Libya 109th.