Libya GDP Forecast: $114 Billion in 2024, $129.6 Billion projected for 2025 (PPP).
GDP in Libya is estimated to be $114 Billion international dollars at the end of 2024 in GDP PPP terms.
Looking ahead to 2025, projections suggest Libya's 2025 GDP estimate could be $129.6 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 2.9% in the last four years and is ranked the 12th largest economy in Africa, ahead of Tunisia.