Nomad Watch
LY

Libya

LY · LBY · #16 · 7 cities

Nomad score 31/100 Compare

Key indicators

GDP per capita (PPP) (2031)
$17,180
GDP (2031)
$49.5B
GDP growth (2031)
3.8% ↓
Inflation (2031)
10.2% →
Unemployment (2025)
18.8% ↓
Population (2031)
7.9M
Population growth (2031)
1.0% →
Current account (2031)
1.0% of GDP
FDI inflows (2023)
$794.7M
Life expectancy (2024)
71.1 yrs
Health spending (2023)
7.8% of GDP
Internet users (2024)
82.0%
Mobile subscriptions (2022)
193.0/100
Trade openness (2025)
137.7% of GDP
Exchange rate (2025)
5.30/USD
Foreign reserves (2025)
$104.7B
Source: World Bank + IMF World Economic Outlook. Most recent data: 2031.

GDP overview

Nominal GDP and real growth. Dashed = IMF forecast.

GDP per capita (PPP)

Purchasing power parity adjusted, in international dollars

Inflation (CPI)

Unemployment

ILO modeled estimate

Population

Fiscal and trade

Current account (2031)
1.0% of GDP
FDI inflows (2023)
$794.7M

Business environment

Services sector (2025)
26.9% of GDP

Financial access and costs

ATMs per 100k (2022)
16.1
Bank branches per 100k (2022)
11.6
ICT service exports (2023)
1.9%

Historical data

Historical economic data
Year GDP GDP/cap PPP Growth Inflation Unemp. Population Gini Debt Curr. acct FDI Life exp. Health Internet FX rate
2031 * $49.5B $17,180 3.8% 10.2% - 7.9M - - 1.0% - - - - -
2030 * $49.8B $17,459 4.0% 10.2% - 7.9M - - 0.9% - - - - -
2029 * $49.8B $17,667 4.2% 10.2% - 7.8M - - 1.0% - - - - -
2028 * $49.8B $17,826 4.5% 10.2% - 7.7M - - 0.9% - - - - -
2027 * $50.1B $18,121 4.5% 10.2% - 7.6M - - 1.6% - - - - -
2026 * $52.5B $19,175 6.7% 10.5% - 7.5M - - 4.2% - - - - -
2025 $44.7B $16,521 15.9% 1.8% 18.8% 7.5M - - -3.8% - - - - 5.30
2024 $49.3B $14,325 4.2% 2.1% 19.1% 7.4M - - -4.4% - 71.1 - 82.0% 4.83
2023 $44.0B $13,858 10.5% 2.4% 18.7% 7.3M - - 4.2% $794.7M 69.3 7.8% 82.1% 4.81
2022 $43.3B $12,264 -8.6% 4.5% 19.2% 7.2M - - 22.2% $702.0M 74.5 4.7% 80.7% 4.81
2021 $35.2B $12,642 27.3% 2.9% 19.8% 7.1M - - 11.4% $603.0M 72.1 6.1% 77.4% 4.51
2020 $46.9B $10,955 -29.5% 1.4% 19.7% 7.0M - - -10.2% - 72.4 7.1% 74.4% 1.39
2019 $69.2B $16,194 -11.2% -2.2% 19.1% 7.0M - - 6.7% - 72.9 5.6% 71.4% 1.40
2018 $76.7B $18,879 7.9% 13.2% 18.9% 6.8M - - 14.7% - 73.2 4.9% 47.5% 1.37
2017 $67.2B $18,026 32.5% 25.8% 19.1% 6.7M - - 6.6% - 72.7 4.7% 47.5% 1.39
2016 $49.9B $16,961 -1.5% 25.9% 19.6% 6.6M - - -9.4% - 71.8 6.2% 35.0% 1.39
2015 $48.7B $17,903 -0.8% 10.0% 19.7% 6.5M - - -18.9% - 71.6 5.8% 25.0% 1.38
2014 $57.4B $17,510 -23.0% 2.4% 19.3% 6.4M - - -33.1% - 71.3 5.2% 17.8% 1.27
2013 $75.4B $21,151 -18.0% 2.6% 19.3% 6.3M - - 0.0% $702.0M 72.3 5.0% 16.5% 1.27
2012 $92.5B $26,826 86.8% 6.1% 19.0% 6.2M - - 25.8% $1.4B 72.2 4.0% 15.2% 1.26
2011 $48.2B $15,698 -50.3% 15.9% 19.5% 6.3M - - 6.6% - 70.0 4.0% 14.0% 1.22
2010 $75.4B $30,234 5.0% 2.5% 19.3% 6.5M - - 19.3% $1.8B 72.2 3.3% 14.0% 1.27
2009 $60.8B $29,027 -4.4% 2.4% 19.3% 6.4M - - 15.4% $1.4B 72.1 3.6% 10.8% 1.25
2008 $86.8B $30,812 -0.2% 10.4% 19.0% 6.2M - - 42.7% $4.1B 71.9 2.2% 9.0% 1.22
2007 $68.2B $30,929 6.2% 6.2% 18.8% 6.1M - - 43.7% $4.7B 71.8 2.4% 4.7% 1.26
2006 $60.1B $28,936 0.3% 1.5% 18.8% 6.0M - - 46.7% $2.1B 71.6 2.3% 4.3% 1.31
2005 $48.9B $26,903 10.6% 2.7% 18.7% 5.9M - - 35.7% $1.0B 71.4 2.5% 3.9% 1.31
Source: World Bank + IMF World Economic Outlook. * = IMF forecast.

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