Libya: Economic growth forecast
* indicates monthly or quarterly data series
Libya |
Economic growth forecast |
---|---|
Latest value | 2.15 |
Year | 2028 |
Measure | percent |
Data availability | 1980 - 2028 |
Average | 0.92 |
Min - Max | -50.34 - 86.83 |
Source | International Monetary Fund |
The latest value from 2028 is 2.15 percent, an increase from 2.01 percent in 2027. In comparison, the world average is 3.37 percent, based on data from 183 countries. Historically, the average for Libya from 1980 to 2028 is 0.92 percent. The minimum value, -50.34 percent, was reached in 2011 while the maximum of 86.83 percent was recorded in 2012.
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Definition: Year-on-year percent changes in constant price GDP. The base year is country-specific. Expenditure-based GDP is the total final expenditure at purchasers prices including the f.o.b. value of exports of goods and services, less the f.o.b. value of imports of goods and services. The series includes actual historical values for past years and forecast values for the current and the next few years.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Economic growth forecast | 2.15 | 2028 | percent |
Investment forecast | 20.36 | 2028 | percent |
Inflation forecast | 2.56 | 2028 | percent |
Current account forecast | 12.98 | 2028 | percent |