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Libya - Gross domestic product in constant prices growth rate

10.9 (%) in 2018

In 2018, real GDP growth for Libya was 10.9 %. Though Libya real GDP growth fluctuated substantially in recent years, it tended to increase through 1999 - 2018 period ending at 10.9 % in 2018.

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What is real GDP growth?

Annual percentage growth rate of GDP at market prices based on constant local currency. 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.

What is Libya real GDP growth?

Date Value Change, %
2018 10.9 -82.96 %
2017 64.0 -966.34 %
2016 -7.4 -43.26 %
2015 -13.0 -75.44 %
2014 -53.0 43.95 %
2013 -36.8 -129.53 %
2012 124.7 -287.09 %
2011 -66.7 -2,198.77 %
2010 3.2 -206.29 %
2009 -3.0 -212.08 %
2008 2.7 -58.04 %
2007 6.4