GDP per capita of Libya rocketed by 63.23% from 2,904 US dollars in 2016 to 4,740 US dollars in 2017. Since the 29.83% slump in 2015, GDP per capita shot up by 74.26% in 2017.
The description is composed by our digital data assistant.GDP per capita is gross domestic product divided by midyear population. GDP 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 is expressed in current U.S. dollars per person. Data are derived by first converting GDP in national currency to U.S. dollars and then dividing it by total population.
| Date | Value | Change, % |
|---|---|---|
| 2017 | 4,740 | 63.23% |
| 2016 | 2,904 | 6.76% |
| 2015 | 2,720 | -29.83% |
| 2014 | 3,876 | -53.20% |
| 2013 | 8,282 | -34.75% |
| 2012 | 12,694 | 134.97% |
| 2011 | 5,402 | -52.68% |
| 2010 | 11,417 | 33.93% |
| 2009 | 8,525 | -32.19% |
| 2008 | 12,571 | 7.34% |
| 2007 | 11,711 | 21.24% |
| 2006 | 9,660 |