The Gross Domestic Product (GDP) in Libya expanded 4 percent in 2019 from the previous year.
GDP Annual Growth Rate in Libya averaged 5.20 percent from 2000 until 2019, reaching an all time high of 104.37 percent in 2012 and a record low of -62.10 percent in 2011. This page provides - Libya GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Libya GDP Annual Growth Rate - values, historical data and charts - was last updated on July of 2020.
GDP Annual Growth Rate in Libya is expected to reach -20.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Libya GDP Annual Growth Rate is projected to trend around 15.00 percent in 2021 and 30.00 percent in 2022, according to our econometric models.