GDP Growth Rate of Libya
Updated on November 6, 2021.

The Gross Domestic Product (GDP) growth rate of Libya was -31.3% in 2020, a difference of -33.84 points from 2019, according to recent data from the World Bank.

The chart and table below shows the GDP growth rate of Libya for 2000-2020.

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 6.5
2007 6.35
2008 2.67
2009 -0.79
2010 5.02
2011 -62.08
2012 123.14
2013 -13.6
2014 -24
2015 -8.86
2016 -2.79
2017 26.68
2018 15.13
2019 2.54
2020 -31.3