The Gross Domestic Product (GDP) in Libya was worth 48.32 billion US dollars in 2018. The GDP value of Libya represents 0.08 percent of the world economy. GDP in Libya averaged 41.80 USD Billion from 1990 until 2018, reaching an all time high of 87.14 USD Billion in 2008 and a record low of 20.48 USD Billion in 2002.
GDP in Libya is expected to be 56.30 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Libya GDP is projected to trend around 60.00 USD Billion in 2020, according to our econometric models.