IvanStat

Libya

Macroeconomic review

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Size of economy

Libya: size of economy, bln. US dollars
Indicator197019801990200020102015
Gross Domestic Product (GDP)4.038.231.138.580.934.5
Total Value Added3.937.134.941.081.427.8
Gross national income (GNI)3.337.131.438.780.936.9
Picture. Libya: share in the world

Libya: share in the world, %
Indicator197019801990200020102015
Gross Domestic Product (GDP)0.120.310.140.110.120.046
Agriculture, hunting, forestry, fishing0.0330.0830.210.240.0780.0079
Mining, Manufacturing, Utilities0.250.680.210.220.360.11

Growth of economy

Picture. Libya: growth of economy

Libya: growth of economy, 1970=100%
Indicator197019801990200020102015
Gross Domestic Product (GDP)100.0203.0153.1176.5303.586.3
Agriculture, hunting, forestry, fishing100.0181.9220.0262.4393.8102.9
Mining, Manufacturing, Utilities100.0165.7101.1109.1146.336.4

Structure of economy

Libya: structure of economy
Yearagricultureindustryconstructiontradetransportsservices
19702.664.45.82.83.420.9
19801.866.07.83.73.517.1
19906.833.95.87.57.039.1
20006.540.67.06.26.033.6
20102.566.27.84.34.315.0
20150.9065.61.54.73.423.8
Picture. Libya: structure of economy by sectors, 2015, %

Productivity of economy

Picture. Libya: productivity of economy

Libya: productivity of economy, per capita, $
Indicator197019801990200020102015
Gross Domestic Product (GDP)1 882.011 966.07 068.07 208.012 918.05 488.0
Agriculture, hunting, forestry, fishing47.9211.5535.4498.7320.539.8
Mining, Manufacturing, Utilities1 180.57 677.52 685.13 124.58 592.02 908.9

Trade balance

Picture. Libya: trade balance

Libya: trade balance, share in GDP, %
Indicator197019801990200020102015
Net exports43.833.78.619.922.0-62.0
Exports of goods and services78.273.839.735.263.217.2
Imports of goods and services34.340.231.115.341.279.2

Perspective of economy

Picture. Libya: perspective of economy