Countries / North Africa / Libya

Libya

Upper-middle income  ·  Hydrocarbon exporter  ·  Data availability: sparse

An oil economy in institutional fragmentation: hydrocarbons provide nearly all revenue, but output swings with political conflict over control of fields and ports. Reconstruction and unification of institutions are the standing challenges.

Alerts · what moved recentlyAll signals →
Policy reform

The central bank clarified its stance on the 2,000-dollar personal allowance and mudaraba deposit certificates

Sep 20, 2026 · Central Bank of Libya

Vitals

Core figures — the latest value each source holds, the previous reading and the bloc median.

GDP
$48.1B
as of 2025
down from $48.5B (2024)
Maghreb median $182.4B
Real GDP growth
13.4%
as of 2025
up from 1.9% (2024)
Maghreb median 3.8%
Inflation, year-on-year
14.3%
as of Aug 2026
up from 13.0% (Jul 2026)
GDP per person
$6,449
as of 2025
down from $6,569 (2024)
Maghreb median $4,672

Dimmed cards hold figures more than a year old. All of this country's data in the Database →

Quarterly report

Written once from the quarter's findings, then frozen.

All reports →
Q3 2026 · Libya

LBY — Q3 2026 brief

Libya’s annual inflation reached 12.7% in June 2026, 9.2 percentage points above its 2021–2026 average of 3.53%. A gap that large had appeared twice in the preceding 58 months. The Q3 2026 findings thus documented an unusually elevated inflation reading from before the publication quarter.

Read the full report

Signals & patterns

Everything MENACodex detects for this economy — the lead finding charted, the rest filtered by pattern and sector.

Trend · Prices & money

Libya's annual inflation has risen in 6 of the last 8 months, from 1.89% in November 2025 to 13.0% in July 2026: up 11 points.

Consumer price inflation, year-on-year (monthly) [World Bank GEM] (percent, year-on-year)12.97
051015202420252026

Source: World Bank Global Economic Monitor · data through July 2026

TrendLibya's household spending has risen for 5 straight years, from $21.4 billion in 2020 to $44 billion in 2025: more than twice as high.

data through 2025

TrendLibya's final consumption expenditure at constant prices have risen for 3 straight years, from 44.6 billion (local currency) in 2022 to 54.4 billion in 2025: up 22%.

data through 2025

Multi-year highLibya's government spending at constant prices reached $23.5 billion in 2025, their highest level since 2015.

data through 2025

TrendLibya's GNI at purchasing-power parity has risen for 3 straight years, from $88.9 billion in 2022 to $127.9 billion in 2025: up 44%.

data through 2025

TrendLibya's asylum seekers hosted has risen for 4 straight years, from 36,741 in 2021 to 105,954 in 2025: nearly three times higher.

data through 2025

· Signal archive →

Agenda Watch

Official decisions and what the news is reporting, with the original source named.

DateDecisionTypeSource
Oct 25, 2026The Central Bank of Libya reconstituted its Monetary Policy Committee and formed new oversight committees.Policy reformCentral Bank of Libya (cbl.gov.ly)
Oct 20, 2026The Central Bank of Libya invited commercial banks to subscribe to issue 35-2026 of unrestricted Mudaraba deposit certificates.FinancingCentral Bank of Libya (cbl.gov.ly)
Sep 20, 2026The central bank clarified its stance on the 2,000-dollar personal allowance and mudaraba deposit certificatesPolicy reformCentral Bank of Libya (cbl.gov.ly)
Sep 19, 2026The central bank issued Circular 11/2026 on selling personal foreign-exchange allocations in cashPolicy reformCentral Bank of Libya (cbl.gov.ly)

Explore the data

Every series we hold for Libya, by sector — open one in the Database to chart it against its neighbours.

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Ask about Libya Coming soon

Answers only from MENACodex's data on Libya, every claim linked to its source. The question box opens when the analyst is ready; these are examples of what it will answer.

Ask about the Libya economy…Ask ✦
What has changed in Libya recently?Signals, briefs and decisions, with their sources
What did last quarter add up to?Drawn from the quarterly report
What did the government decide this year?From the Agenda Watch record
How does Libya compare with its neighbours?Any series against the bloc median