Libya GDP Forecast: $46 Billion in 2024, $52.5 Billion projected for 2025 (Current Market Prices).
GDP in Libya is estimated to be $46 Billion US dollars at the end of 2024 in GDP current price terms.
Looking ahead to 2025, projections suggest Libya's 2025 GDP estimate could be $52.5 Billion. This Libya GDP growth forecast for 2024 and 2025 reflects an estimated growth rate of 13.7%.
The economy of Libya has grown at an average annual growth rate of 16.0% in the last four years and is ranked the 12th largest economy in Africa, ahead of Tunisia.