GDP Growth Rate of Libya
Updated on May 15, 2023.
The Gross Domestic Product (GDP) growth rate of Libya was 31.37% in 2021, a difference of +55.3 points from 2020, according to recent data from the World Bank.
The chart and table below shows the GDP growth rate of Libya for 2000-2021.
The World Bank defines annual Gross Domestic Product (GDP) as "the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products; it is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources".
See also: GDP of Libya.
Data Source: World Bank.
GDP Growth Rate of Libya (%)
Table of GDP Growth Rate of Libya
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| Year | GDP Growth Rate (%) |
|---|---|
| 2000 | 3.68 |
| 2001 | -1.76 |
| 2002 | -0.96 |
| 2003 | 13.02 |
| 2004 | 4.46 |
| 2005 | 11.87 |
| 2006 | 6.50 |
| 2007 | 6.23 |
| 2008 | -0.16 |
| 2009 | -4.40 |
| 2010 | 5.03 |
| 2011 | -50.34 |
| 2012 | 86.83 |
| 2013 | -18.00 |
| 2014 | -23.04 |
| 2015 | -0.84 |
| 2016 | -1.49 |
| 2017 | 32.49 |
| 2018 | 7.94 |
| 2019 | -11.20 |
| 2020 | -23.93 |
| 2021 | 31.37 |