Share of World GDP: Libya
Libya's share of world gdp is currently 0.1% as of 2026. # Libya Share of World GDP Libya's share of world GDP stands at 0.
Current (2026)
0.1%
+1.7% y/y
Peak (1980)
0.5%
Low (2022)
0.1%
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Share of World GDP — Libya
1980 — 2026
Share of World GDP — Libya
Analysis# Libya Share of World GDP
Libya's share of world GDP stands at 0.061% in 2026, reflecting a dramatic economic contraction since its 1980 peak of 0.542%. The North African nation has surrendered nearly 89% of its global economic significance over 46 years, declining to its lowest point of 0.051% in 2022. This collapse represents one of the steepest falls among resource-rich nations, driven by decades of political instability, civil conflict, and sanctions.
The sharpest deterioration occurred between 1980 and the 2020s, with particular acceleration during Libya's civil wars. After hitting bottom in 2022, modest recovery emerged through 2025-2026, rising to 0.061%. This marginal uptick suggests stabilization rather than robust growth. Libya's trajectory depends heavily on resolving political divisions and restoring oil production capacity, which remains critical to reversing its diminished global economic footprint.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 0.1% | -1.69% |
| 2029 | 0.1% | +0.00% |
| 2028 | 0.1% | -1.67% |
| 2027 | 0.1% | -1.64% |
| 2026 | 0.1% | +1.67% |
| 2025 | 0.1% | +13.21% |
| 2024 | 0.1% | -1.85% |
| 2023 | 0.1% | +5.88% |
| 2022 | 0.1% | -10.53% |
| 2021 | 0.1% | +3.64% |
| 2020 | 0.1% | -31.25% |
| 2019 | 0.1% | -17.53% |
| 2018 | 0.1% | +0.00% |
| 2017 | 0.1% | +27.63% |
| 2016 | 0.1% | -5.00% |
| 2015 | 0.1% | -3.61% |
| 2014 | 0.1% | -25.89% |
| 2013 | 0.1% | -20.57% |
| 2012 | 0.1% | +80.77% |
| 2011 | 0.1% | -52.15% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 0.2% | +0.00% |
| 2009 | 0.2% | -3.55% |
| 2008 | 0.2% | -2.87% |
| 2007 | 0.2% | +0.58% |
| 2006 | 0.2% | -4.42% |
| 2005 | 0.2% | +5.85% |
| 2004 | 0.2% | +0.59% |
| 2003 | 0.2% | +11.84% |
| 2002 | 0.2% | -6.17% |
| 2001 | 0.2% | +0.00% |
| 2000 | 0.2% | -1.22% |
| 1999 | 0.2% | -3.53% |
| 1998 | 0.2% | -2.86% |
| 1997 | 0.2% | -6.42% |
| 1996 | 0.2% | -2.09% |
| 1995 | 0.2% | -18.38% |
| 1994 | 0.2% | +0.43% |
| 1993 | 0.2% | -7.17% |
| 1992 | 0.3% | -14.33% |
| 1991 | 0.3% | +15.35% |
| 1990 | 0.3% | -0.39% |
| 1989 | 0.3% | +3.66% |
| 1988 | 0.2% | +2.93% |
| 1987 | 0.2% | -17.87% |
| 1986 | 0.3% | -14.16% |
| 1985 | 0.3% | -2.87% |
| 1984 | 0.3% | -12.09% |
| 1983 | 0.4% | -7.03% |
| 1982 | 0.4% | +0.95% |
| 1981 | 0.4% | -21.96% |
| 1980 | 0.5% | — |
Related Data
Other Metrics
For Libya
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Demographics
People & population data