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Libya - GDP, current

40,974,132,210.8 (US$) in 2014

GDP at market prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products.It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. GDP in US dollars, is obtained by converting GDP ?gures in national currency using the average of?cial exchange rates provided by the World Bank and the IMF. For a few countries where the of?cial exchange rate does not effectively re?ect the rate applied to actual foreign exchange transactions, an alternative conversion factor is used. Data at Current US$. Source: national sources, international sources (UN, Wbank, IMF) and ADB estimates

Date Value Change, %
2014 40,974,132,210.8 -44.16%
2013 73,373,766,992.4 -10.42%
2012 81,908,016,517.5 136.04%
2011 34,701,041,005.3 -53.59%
2010 74,773,778,518.6 17.57%
2009 63,601,372,376.9 -27.55%
2008 87,787,625,828.6 29.07%
2007 68,015,611,379.7 22.84%
2006 55,369,108,612.4 16.09%
2005 47,694,094,987.7 43.08%
2004 33,333,793,114.0 26.11%
2003 26,431,281,120.9

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