Ливия экономикасы (Libiya ekonomikası)

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agriculture: 17%
industry: 23%
services: 59%
(2004)
| edbr = 186th (below average, 2020)|
| industries = petroleum, steel, iron, food processing, textiles, cement
| FDI =
| imports = $11.36 billion (2017 est.) | reserves = $74.71 billion (31 December 2017 est.) These oil revenues and a small population have given Libya one of the highest nominal per capita GDP in Africa. As of 2017, Libya's per capita PPP GDP stands at 60% of its pre war level. The annual unemployment rate is extracted from the World Bank, although the International Monetary Fund find them unreliable. YearGDP
(in Bil. US$PPP)GDP per capita
(in US$ PPP)GDP
(in Bil. US$nominal)GDP per capita
(in US$ nominal)GDP growth
(real)Inflation rate
(in Percent)Unemployment
(in Percent)Government debt
(in % of GDP)198097.832,745.540.213,449.60.6%14.3%n/an/a198185.627,398.534.711,107.6 20.0%13.2%n/an/a198292.328,202.734.610,575.61.5%13.8%n/an/a198391.426,800.233.09,671.5 4.7%10.5%n/an/a198486.824,406.130.98,681.2 8.3%12.4%n/an/a198590.125,471.430.48,586.40.6%9.1%n/an/a198681.522,172.124.86,734.0 11.4%3.4%n/an/a198771.218,585.123.06,002.1 14.7%4.4%n/an/a198879.318,346.525.95,981.67.6%3.1%n/an/a198988.419,550.027.46,070.17.2%4.5%n/an/a199095.122,327.731.67,424.23.7%0.7%n/a4.7%1991116.326,685.335.08,026.318.3%11.7%19.8%9.6%1992113.625,468.735.57,950.5 4.5%9.5%20.0%1.2%1993109.924,106.131.96,998.3 5.5%7.5%20.0% 4.6%1994115.924,921.729.76,391.13.2%10.7%19.9% 1.6%1995100.121,064.933.77,102.9 15.4%8.3%20.0%4.8%1996103.721,422.236.87,608.81.8%4.0%19.8%12.2%1997102.720,872.437.77,663.0 2.6%3.6%19.8% 1.3%1998103.120,587.930.96,171.8 0.7%3.7%19.8% 1.5%1999104.420,511.037.17,294.5 0.2%2.6%19.7%6.4%2000111.121,444.439.57,625.04.0% 2.9%19.7%13.6%2001116.622,161.235.26,693.12.6% 8.8%19.7%0.4%2002114.021,343.221.13,956.5 3.7% 9.9%19.6%7.0%2003135.024,905.227.04,986.316.1% 2.1%19.5%6.2%2004146.726,626.334.16,180.45.8%1.3%19.5%11.3%2005167.429,942.748.98,739.210.6%2.7%19.4%30.4%2006173.030,408.660.110,561.40.3%1.5%19.4%29.1%2007188.832,659.568.211,801.36.2%6.2%19.4%28.4%2008192.132,666.686.814,762.6 0.2%10.4%19.4%27.7%2009184.831,007.560.810,202.8 4.4%2.4%19.4% 5.5%2010196.432,515.475.412,478.05.0%2.5%19.3%11.5%201199.616,810.948.28,132.3 50.3%15.9%19.4% 11.5%2012172.527,458.892.514,728.186.8%6.1%19.0%24.6%2013144.523,054.575.412,025.6 18.0%2.6%19.5% 16.3%2014126.920,273.657.49,166.6 23.0%2.4%19.5% 30.5%2015137.221,709.948.77,706.7 0.8%10.0%19.5% 28.5%2016137.421,520.749.97,817.6 1.5%25.9%19.5% 29.3%2017154.423,949.367.210,414.132.5%25.9%19.4% 11.1%2018170.726,207.076.711,773.87.9%14.0%19.5%9.4%2019154.323,454.969.210,526.3 11.2% 2.9%19.7%11.9%2020110.116,575.146.97,056.7 29.5%1.5%20.1% 22.3%2021147.121,929.039.05,813.328.3%2.8%19.6%11.3%2022128.418,944.740.86,025.7 18.5%5.5%n/a15.8%2023156.722,899.543.86,391.817.9%4.0%n/a22.1%2024172.824,997.245.66,599.08.0%3.0%n/a18.8%2025188.827,034.747.76,836.37.2%3.0%n/a16.5%2026200.528,434.649.16,964.64.2%3.0%n/a13.5%2027212.829,874.150.57,096.04.1%3.1%n/a9.7%
Notes:
1. For purchasing power parity comparisons, the US Dollar is exchanged at 0.77 Libyan Dinars only. Mean wages were $9.51 per man hour in 2009 (amounts to a compensation of $1598 for 21 working days of 8 hours).

In November 2005, Repsol YPF discovered a significant oil deposit of light, sweet crude in the Murzuq Basin. Industry experts believe the discovery to be one of the biggest made in Libya for several years. Repsol YPF is joined by a consortium of partners including OMV, Total and Norsk Hydro. Also located in Murzuq Basin is Eni's Elephant field. In October 1997, a consortium led by British company Lasmo, along with Eni and a group of five South Korean companies, announced that it had discovered large recoverable crude reserves about south of Tripoli. Lasmo estimated field production would cost around $1 per barrel. Elephant began production in February 2004. WOC's Waha fields currently produce around In 2005, ConocoPhillips and co venturers reached an agreement with NOC to return to its operations in Libya and extend the Waha concession 25 years. ConocoPhillips operates the Waha fields with a 16.33% share in the project. NOC has the largest share of the Waha concession, and additional partners include Marathon and Amerada Hess.

The tourism industry was heavily hit by the Libyan Civil War. Before the war tourism was developing, with 149,000 tourists visiting Libya in 2004, rising to 180,000 in 2007, although this still only contributed less than 1% of the country's GDP. There were 1,000,000 day visitors in the same year. The country is best known for its ancient Greek and Roman ruins and Sahara desert landscapes.