ly Libya 2014

Detailed economic analysis and indicators for 2014

Year 2014

Key Economic Indicators (2014)

GDP (Current USD)

$57.37 billion

↓ 23.86% vs 2013
GDP per Capita

$8,926.42

↓ 25.31% vs 2013
GDP Growth (Annual %)

-23.04%

↓ 5.04pp vs 2013
Inflation Rate (CPI %)

2.43%

↓ 0.17pp vs 2013

Year-over-Year Comparison

Indicator 2013 2014 Change
GDP (Current USD) $75.35 billion $57.37 billion -23.86%
GDP per Capita $11,951.71 $8,926.42 -25.31%
GDP Growth (Annual %) -18.00% -23.04% -5.04pp
Inflation (CPI %) 2.61% 2.43% -0.17pp
Unemployment Rate (%) 19.33% 19.31% -0.02pp

All Economic Indicators (2014)

National Accounts
GDP (Current USD)
$57.37 billion
GDP per Capita
$8,926.42
GDP Growth (Annual %)
-23.04%
Gross National Income
$57.95 billion
Prices & Employment
Inflation (CPI %)
2.43%
Inflation (GDP Deflator %)
-1.01%
Unemployment Rate (%)
19.31%
Interest Rate (Real %)
7.08%
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
-33.18%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2014, Libya's Gross Domestic Product (GDP) is $57.37 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Libya for 2014 is $8,926.42. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Libya for 2014 is 2.43%. This measures the annual percentage change in the cost of consumer goods and services.

Libya's annual GDP growth rate for 2014 is -23.04%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Libya for 2014 is 19.31%. This represents the percentage of the labor force that is unemployed and actively seeking employment.