Libya GDP

The Gross Domestic Product (GDP) in Libya was worth 81.81 billion US dollars in 2012. The GDP value of Libya represents 0.13 percent of the world economy. GDP in Libya is reported by the World Bank. From 1990 until 2012, Libya GDP averaged 41.2 USD Billion reaching an all time high of 93.2 USD Billion in December of 2008 and a record low of 19.8 USD Billion in December of 2002. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Libya GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-18

Actual Previous Highest Lowest Forecast Dates Unit Frequency
81.81 34.41 93.17 19.84 74.96 | 2014/06 1990 - 2012 USD Billion Yearly

TO

Libya GDP
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP 81.81 2012-12-31 34.41 93.17 19.84 74.96 2014-06-30 USD Billion [+]
GDP Annual Growth Rate 95.50 2012-12-31 -59.70 95.50 -59.70 21.56 2014-06-30 percent [+]
GDP per capita 5509.98 2011-12-31 11239.48 12705.54 5509.98 2261.21 2014-06-30 USD [+]
GDP per capita PPP 6016.93 2011-12-31 14459.56 16129.54 6016.93 -5434.33 2014-06-30 USD [+]
GDP Constant Prices 39922.70 2012-06-29 20146.30 52009.90 20146.30 65054.87 2014-06-30 LYD Million [+]
[+]


GDP | Notes
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output. GDP can be defined in three ways, which should give identical results. First, it is equal to the total expenditures for all final goods and services produced within the country in a specified period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production by all the industries, plus taxes and minus subsidies on products. Third, it is equal to the sum of the income generated by production like compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.


RELATED NEWS

Libya Government Budget at 20.80 Percent of GDP  
Libya recorded a Government Budget surplus equal to 20.80 percent of the country's Gross Domestic Product in 2012. Government Budget in Libya is reported by the Central Bank of Lybia.
Libya Crude Oil Production at 550.00 Thousands Barrels per Day  
Crude Oil Production in Libya increased to 550 Thousands Barrels per Day in October of 2013 from 360 Thousands Barrels per Day in September of 2013. Crude Oil Production in Libya is reported by the U.S. Energy Information Administration.
Libya Current Account at 30034.00 LYD Million  
Libya recorded a Current Account surplus of 30034 LYD Million in 2012. Current Account in Libya is reported by the Central Bank of Lybia.
Libya Inflation Rate at 1.70 percent  
The inflation rate in Libya was recorded at 1.70 percent in December of 2013. Inflation Rate in Libya is reported by the Central Bank of Lybia.
Libya Capital Flows at -9937.00 LYD Million  
Capital Flows in Libya decreased to -9937 LYD Million in 2012 from -3002 LYD Million in 2011. Capital Flows in Libya is reported by the Central Bank of Libya.
Libya GDP Constant Prices at 39922.70 LYD Million  
GDP Constant Prices in Libya increased to 39922.70 LYD Million in 2012 from 20146.30 LYD Million in 2011. GDP Constant Prices in Libya is reported by the Central Bank Of Libya.
Libya GDP Deflator at 246.60 Index Points  
GDP Deflator in Libya increased to 246.60 Index Points in 2011 from 197.20 Index Points in 2010. GDP Deflator in Libya is reported by the Central Bank of Libya.
Libya Imports at 32343.00 LYD Million  
Imports in Libya increased to 32343 LYD Million in 2012 from 13664 LYD Million in 2011. Imports in Libya is reported by the Central Bank of Lybia.
Libya Exports at 76893.00 LYD Million  
Exports in Libya increased to 76893 LYD Million in 2012 from 15843 LYD Million in 2011. Exports in Libya is reported by the Central Bank of Lybia.
Libya Balance of Trade at 44650.00 LYD Million  
Libya recorded a trade surplus of 44650 LYD Million in 2012. Balance of Trade in Libya is reported by the Central Bank of Lybia.
MORE RELATED NEWS

LATEST NEWS

Chile Leaves Monetary Policy Unchanged  
At its April 17th, 2014 meeting, Central Bank of Chile left the benchmark interest rate on hold at 4 percent, following last month's cut, citing low output and demand, but hinted possible future rate cuts, depending on domestic and external conditions.
Russia Unemployment Drops in March  
Russian jobless rate fell for the first time in four months to 5.4 percent, after remaining stable at 5.6 percent in the previous two months.
Canada Inflation Rises Above Forecasts in March  
The annual consumer prices in Canada accelerated to 1.5 percent in March of 2014 following a 1.1 increase in the previous month, as energy prices surged.
US Jobless Claims Rise Slightly  
In the week ending April 12, the advance figure for seasonally adjusted initial claims was 304,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 300,000 to 302,000. There were no special factors impacting this week's initial claims.
Brazil Unemployment Rate Down to 5%  
In March of 2014, Brazil’s jobless rate fell by 0.1 percentage point to 5 percent, below market forecasts. A year earlier, unemployment reached 5.7 percent.
Dutch Unemployment Rate Falls for the First Time in 2014  
In March of 2014, Netherlands’ seasonally adjusted jobless rate fell to 8.7 percent from 8.8 percent in the previous month and 8.1 percent a year earlier, as more people left permanently the labor market rather than found jobs.
Singaporean Trade Surplus Narrows Sharply in March  
The trade surplus decreased 51.1 percent in March of 2014 over a year earlier and 47.2 percent from February to SGD 2.3 billion. Imports rose at a faster pace than exports, as sales of pharmaceuticals and electronics fell, while shipments of petrochemicals and re-exports contributed to overall increase.
Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
Angolan Inflation Rate Down To 7.32% in March  
The annual consumer prices in Angola decelerated for the second consecutive month to 7.32 percent in March of 2014, from 7.48 percent recorded in February of 2014.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News