LibyaLibya, located in the region of Middle East, North Africa, Afghanistan & Pakistan, is an internationally classified economy with a "Upper middle income" income level. It is home to a demographic force of approximately 7.5 million inhabitants.
From a quantitative perspective, Positioning itself as an export-oriented powerhouse, the export sector represents more than 71.7% of GDP, making it highly sensitive to global trade cycles. On a competitive level, it outperforms the regional average of Middle East, North Africa, Afghanistan & Pakistan (2.7%) by a wide margin.
Delving deeper into its institutional metrics, Furthermore, it generates a structural trade surplus, exporting 5.8% more than it imports relative to its GDP.
With a per capita income of $6,449, the country attempts to navigate the 'middle-income trap' by sophisticating its productive matrix. Its central bank backs liquidity with strong international reserves (over $105B), offering a shield against external shocks.
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$0.05T
+13.37%
Data from 2025
1.8%
Data from 2025
GDP per Capita
$6,449
YEAR 2025
Unemployment
18.8%
YEAR 2025
Debt to GDP
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YEAR
Active Population
7.5M
YEAR 2025
Population > 65 Years
5.2%
YEAR 2025
Gini IndexMeasures income inequality. 0 is total equality, 100 is extreme inequality.
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YEAR -
Exports (% GDP)
71.7%
YEAR 2025
Imports (% GDP)
65.9%
YEAR 2025
FDI (% GDP)Foreign Direct Investment. Foreign capital productively invested in this economy.
1.8%
YEAR 2023
| Year | GDP (USD) | Growth (%) | Inflation (%) | Unemployment (%) | Debt/GDP (%) | Exports (%GDP) | Imports (%GDP) | FDI (%GDP) |
|---|---|---|---|---|---|---|---|---|
| 2025 | $48.10B | 13.37 | 1.84 | 18.76 | --- | 71.71 | 65.95 | --- |
| 2024 | $48.49B | 1.90 | 2.13 | 19.09 | --- | 71.73 | 65.78 | --- |
| 2023 | $44.03B | 10.20 | 2.37 | 18.71 | --- | 85.60 | 75.47 | 1.81 |
| 2022 | $43.25B | -8.30 | 4.51 | 19.24 | --- | 91.98 | 64.34 | 1.62 |
| 2021 | $35.22B | 28.30 | 2.87 | 19.78 | --- | 92.05 | 72.23 | 1.71 |
| 2020 | $46.85B | -29.46 | 1.45 | 19.65 | --- | 20.36 | 30.61 | --- |
| 2019 | $69.25B | -11.20 | -2.16 | 19.09 | --- | 42.36 | 36.64 | --- |
| 2018 | $76.69B | 7.94 | 13.17 | 18.86 | --- | 39.61 | 24.17 | --- |
| 2017 | $67.16B | 32.49 | 25.80 | 19.05 | --- | 27.20 | 20.35 | --- |
| 2016 | $49.91B | -1.49 | 25.85 | 19.56 | --- | 14.58 | 26.53 | --- |