Libya - GDP per capita (current US$) 1990 - 2022
Libya's gdp per capita (current us$) is currently $6,716.10 USD (United States dollar) according to the most recent World Bank data for the country (2022).
Definition
GDP per capita is determined by dividing the gross domestic product by the population at midyear. GDP represents the total value generated by resident producers within the economy, inclusive of product taxes and excluding subsidies not factored into product value. This calculation does not consider deductions for asset depreciation, depletion, or degradation of natural resources. The data is presented in current U.S. dollars.- Libya's gdp per capita (current us$) for 2022 was $6,716.10, a 13.66% increase from 2021, with a +$807 difference.
- In 2021 it was $5,908.95, a -16.00% increase from 2020, with a -$1,126 difference.
- In 2020 it was $7,034.66, a -33.27% increase from 2019.
- In 2019 it was $10,542.43, a -10.95% increase from 2018.
- In 2018 it was $11,838.30, a 12.43% increase from 2017.
Measure: Estimated Value
Average, Lowest, and Highest Recorded Values
The average gdp per capita (current us$), value for Libya is currently $8,222.54 (average of years with recorded data) with a lowest recorded value of $3,789.21 in 2002 and a highest value of $15,765.42 in 2012.For comparison, the world wide [World Bank] aggregate for 2002 was $5,536.51 and in 2012 it was $10,575.66. Essentially, in 2002, Libya contributed 68.44% to the world wide aggregate. While in 2012 it contributed 149.07% to the aggregate, recording a 117.81% increase in amounts contributed within the 10-year period. Nonetheless, the country recorded a 316.06% increase in gdp per capita (current us$) within the same period.
Similarly, from 2002 (when the lowest value was recorded) to 2022, Libya recorded a 77.24% increase in gdp per capita (current us$). The world aggregate recorded a 128.44% growth in the same period.
Libya's GDP per capita (current US$) - Historical Data
| Year | GDP per capita (current US$) | Average Growth Rate (%) |
|---|---|---|
| 1990 | $6,821.87 | |
| 1991 | $7,368.03 | 8.01% |
| 1992 | $7,623.93 | 3.47% |
| 1993 | $6,745.93 | -11.52% |
| 1994 | $6,164.34 | -8.62% |
| 1995 | $5,396.38 | -12.46% |
| 1996 | $5,785.11 | 7.20% |
| 1997 | $6,262.49 | 8.25% |
| 1998 | $5,471.09 | -12.64% |
| 1999 | $7,112.67 | 30.00% |
| 2000 | $7,424.35 | 4.38% |
| 2001 | $6,465.62 | -12.91% |
| 2002 | $3,789.21 | -41.39% |
| 2003 | $4,738.83 | 25.06% |
| 2004 | $5,823.64 | 22.89% |
| 2005 | $8,108.05 | 39.23% |
| 2006 | $10,060.36 | 24.08% |
| 2007 | $11,158.11 | 10.91% |
| 2008 | $13,921.90 | 24.77% |
| 2009 | $9,560.80 | -31.33% |
| 2010 | $11,611.36 | 21.45% |
| 2011 | $7,784.13 | -32.96% |
| 2012 | $15,765.42 | 102.53% |
| 2013 | $12,589.53 | -20.14% |
| 2014 | $9,408.75 | -25.27% |
| 2015 | $7,867.52 | -16.38% |
| 2016 | $7,945.01 | 0.98% |
| 2017 | $10,529.12 | 32.52% |
| 2018 | $11,838.30 | 12.43% |
| 2019 | $10,542.43 | -10.95% |
| 2020 | $7,034.66 | -33.27% |
| 2021 | $5,908.95 | -16.00% |
| 2022 | $6,716.10 | 13.66% |
Expand
Comparison with Countries in the Middle East & North Africa Region.
Among countries in the same World Bank Middle East & North Africa (MENA) region, Libya comes in 9th with $6,716.10 gdp per capita (current us$).
- Within the same region, Qatar comes in 1st with $88,046.30, gdp per capita (current us$).
- Israel comes in 2nd with $54,659.80.
- United Arab Emirates comes in 3rd with $53,757.90.
- Kuwait comes in 4th with $43,233.50.
- Malta comes in 5th with $33,940.90.
- Saudi Arabia comes in 6th with $30,436.30.
- Bahrain comes in 7th with $30,152.00.
- Oman comes in 8th with $25,056.80.
- Iraq comes in 10th with $5,937.20.
- Iran, Islamic Rep. comes in 11th with $4,387.83.
- Egypt, Arab Rep. comes in 12th with $4,295.41.
- Algeria comes in 13th with $4,273.92.
- Jordan comes in 14th with $4,204.51.
- Lebanon comes in 15th with $4,136.15.
- West Bank and Gaza comes in 16th with $3,789.33.
- Tunisia comes in 17th with $3,776.67.
- Morocco comes in 18th with $3,527.94.
- And Djibouti comes in 19th with $3,136.11, gdp per capita (current us$).
GDP per capita (current US$), Top 10 Countries in the Middle East & North Africa Region.
Top 10 Countries in the Middle East & North Africa Region.
| # | Country | GDP per capita (current US$) | Year |
|---|---|---|---|
| 1 | Qatar | $88,046.30 | 2022 |
| 2 | Israel | $54,659.80 | 2022 |
| 3 | United Arab Emirates | $53,757.90 | 2022 |
| 4 | Kuwait | $43,233.50 | 2022 |
| 5 | Malta | $33,940.90 | 2022 |
| 6 | Saudi Arabia | $30,436.30 | 2022 |
| 7 | Bahrain | $30,152.00 | 2022 |
| 8 | Oman | $25,056.80 | 2022 |
| 9 | Libya | $6,716.10 | 2022 |
| 10 | Iraq | $5,937.20 | 2022 |
Comparison with Countries in the Upper middle income Group.
Among countries in the same World Bank Upper middle income (UMI) group, Libya comes in 37th with $6,716.10 gdp per capita (current us$).
- Within the same income group, Bosnia and Herzegovina comes in 27th with $7,585.38, gdp per capita (current us$).
- Turkmenistan comes in 28th with $7,297.18.
- Peru comes in 29th with $7,125.83.
- Equatorial Guinea comes in 30th with $7,053.47.
- Armenia comes in 31st with $7,014.21.
- Belize comes in 32nd with $6,968.36.
- Thailand comes in 33rd with $6,908.80.
- Albania comes in 34th with $6,802.80.
- South Africa comes in 35th with $6,776.48.
- Marshall Islands comes in 36th with $6,727.80.
- Colombia comes in 38th with $6,630.28.
- Georgia comes in 39th with $6,627.71.
- North Macedonia comes in 40th with $6,591.47.
- Ecuador comes in 41st with $6,391.28.
- Paraguay comes in 42nd with $6,153.06.
- Jamaica comes in 43rd with $6,047.22.
- Iraq comes in 44th with $5,937.20.
- Suriname comes in 45th with $5,858.29.
- Moldova comes in 46th with $5,562.61.
- And Guatemala comes in 47th with $5,473.21, gdp per capita (current us$).
GDP per capita (current US$), Top 14 Countries in the Upper middle income Group.
Top 14 Countries in the Upper middle income Group.
| # | Country | GDP per capita (current US$) | Year |
|---|---|---|---|
| 1 | Venezuela, RB | $15,975.70 | 2014 |
| 2 | Russian Federation | $15,345.10 | 2022 |
| 3 | Bulgaria | $13,772.50 | 2022 |
| 4 | Argentina | $13,686.00 | 2022 |
| 5 | Costa Rica | $13,198.80 | 2022 |
| 6 | China | $12,720.20 | 2022 |
| 7 | Palau | $12,083.90 | 2021 |
| 8 | Malaysia | $11,971.90 | 2022 |
| 9 | Maldives | $11,817.50 | 2022 |
| 10 | St. Lucia | $11,481.50 | 2022 |
| 11 | Kazakhstan | $11,243.70 | 2022 |
| 12 | Mexico | $11,091.30 | 2022 |
| 13 | Turkiye | $10,616.10 | 2022 |
| 14 | Mauritius | $10,216.30 | 2022 |