GDP PPP (Current USD) fell 43.9% to USD 70.3 bil in Libya in 2018

GDP PPP (Current USD) (USD bil)
Economy | Libya | May 17, 2019
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GDP in USD PPP terms reached 70.3 USD bil in 2018 in Libya, according to the National Statistical Office. This is 43.9 % less than in the previous year.

Historically, GDP in USD PPP terms in Libya reached an all time high of 179 USD bil in 2010 and an all time low of 60.9 USD bil in 1987. When compared to Libya's main peers, GDP in USD PPP terms in Algeria amounted to 661 USD bil, 30.3 USD bil in Chad, 1,297 USD bil in Egypt and 144 USD bil in Tunisia in 2018.

Libya has been ranked 105th within the group of 174 countries we follow in terms of GDP in USD PPP terms, 40 places behind the position seen 10 years ago.

GDP based on purchasing power parity is the gross domestic product converted to international dollars using purchasing power parity rates.

GDP PPP (Current USD) Unit 2015 2016 2017 2018 2019 2020 2021 2022 2023
Algeria USD bil 632 661 693 719 741
Cameroon USD bil 89.5 95.1 101 108 116
Chad USD bil 29.0 30.3 32.1 34.9 37.3
Egypt USD bil 1,132 1,297 1,397 1,507 1,627
Israel USD bil 339 336 355 374 392
Italy USD bil 2,477 2,398 2,474 2,543 2,611
Libya USD bil 125 70.3 79.6 82.2 85.0
Malta USD bil 19.1 20.8 22.2 23.6 24.9
Morocco USD bil 299 315 332 352 374
Niger USD bil 21.9 23.5 25.4 27.3 29.4
Nigeria USD bil 1,124 1,169 1,221 1,276 1,333
Saudi Arabia USD bil 1,775 1,857 1,943 2,017 2,098
Spain USD bil 1,819 1,868 1,950 2,024 2,096
Sudan USD bil 199 177 178 179 180
Tunisia USD bil 138 144 152 160 169