Oil reserves, per unit of GDP in Libya
Libya: Oil reserves, per unit of GDP was 0.2183 cubic meters per US$ of GDP in 2021. ▲ Rising
Oil reserves, per unit of GDP in Libya, 1980–2021
Source: Statizoid (derived). Measured in cubic meters per US$ of GDP.
Analysis
Libya recorded 0.2183 cubic meters per US$ of GDP for oil reserves, per unit of gdp in 2021.
The figure is up 33.0% on the previous year and up 42.5% over ten years.
Over the whole period, oil reserves, per unit of gdp in Libya peaked at 0.229 cubic meters per US$ of GDP in 2002 and was at its lowest, 0.076 cubic meters per US$ of GDP, in 2008.
That places Libya 2nd out of 198 countries with data for 2021, putting it in the top 10%.
The long-run direction has been consistently rising across the 42 years of available data.
Oil reserves, per unit of GDP in Libya, year by year
| Year | cubic meters per US$ of GDP | Change |
|---|---|---|
| 1980 | 0.0912 cubic meters per US$ of GDP | — |
| 1981 | 0.1005 cubic meters per US$ of GDP | +10.2% |
| 1982 | 0.1064 cubic meters per US$ of GDP | +5.9% |
| 1983 | 0.103 cubic meters per US$ of GDP | -3.3% |
| 1984 | 0.1147 cubic meters per US$ of GDP | +11.4% |
| 1985 | 0.1064 cubic meters per US$ of GDP | -7.3% |
| 1986 | 0.14 cubic meters per US$ of GDP | +31.6% |
| 1987 | 0.1268 cubic meters per US$ of GDP | -9.4% |
| 1988 | 0.1373 cubic meters per US$ of GDP | +8.3% |
| 1989 | 0.139 cubic meters per US$ of GDP | +1.2% |
| 1990 | 0.1254 cubic meters per US$ of GDP | -9.8% |
| 1991 | 0.1133 cubic meters per US$ of GDP | -9.7% |
| 1992 | 0.107 cubic meters per US$ of GDP | -5.6% |
| 1993 | 0.1182 cubic meters per US$ of GDP | +10.5% |
| 1994 | 0.1267 cubic meters per US$ of GDP | +7.2% |
| 1995 | 0.1419 cubic meters per US$ of GDP | +12.0% |
| 1996 | 0.1682 cubic meters per US$ of GDP | +18.5% |
| 1997 | 0.1528 cubic meters per US$ of GDP | -9.2% |
| 1998 | 0.1721 cubic meters per US$ of GDP | +12.7% |
| 1999 | 0.1304 cubic meters per US$ of GDP | -24.3% |
| 2000 | 0.1226 cubic meters per US$ of GDP | -6.0% |
| 2001 | 0.1375 cubic meters per US$ of GDP | +12.2% |
| 2002 | 0.229 cubic meters per US$ of GDP | +66.5% |
| 2003 | 0.1786 cubic meters per US$ of GDP | -22.0% |
| 2004 | 0.1728 cubic meters per US$ of GDP | -3.2% |
| 2005 | 0.131 cubic meters per US$ of GDP | -24.2% |
| 2006 | 0.1035 cubic meters per US$ of GDP | -21.0% |
| 2007 | 0.0969 cubic meters per US$ of GDP | -6.4% |
| 2008 | 0.076 cubic meters per US$ of GDP | -21.5% |
| 2009 | 0.1142 cubic meters per US$ of GDP | +50.1% |
| 2010 | 0.0934 cubic meters per US$ of GDP | -18.2% |
| 2011 | 0.1532 cubic meters per US$ of GDP | +64.1% |
| 2012 | 0.0809 cubic meters per US$ of GDP | -47.2% |
| 2013 | 0.1013 cubic meters per US$ of GDP | +25.2% |
| 2014 | 0.1343 cubic meters per US$ of GDP | +32.6% |
| 2015 | 0.1578 cubic meters per US$ of GDP | +17.5% |
| 2016 | 0.1541 cubic meters per US$ of GDP | -2.4% |
| 2017 | 0.1145 cubic meters per US$ of GDP | -25.7% |
| 2018 | 0.1003 cubic meters per US$ of GDP | -12.4% |
| 2019 | 0.111 cubic meters per US$ of GDP | +10.7% |
| 2020 | 0.1641 cubic meters per US$ of GDP | +47.8% |
| 2021 | 0.2183 cubic meters per US$ of GDP | +33.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.1166 cubic meters per US$ of GDP | 0.0912 cubic meters per US$ of GDP | 0.14 cubic meters per US$ of GDP | 10 |
| 1990s | 0.1356 cubic meters per US$ of GDP | 0.107 cubic meters per US$ of GDP | 0.1721 cubic meters per US$ of GDP | 10 |
| 2000s | 0.1362 cubic meters per US$ of GDP | 0.076 cubic meters per US$ of GDP | 0.229 cubic meters per US$ of GDP | 10 |
| 2010s | 0.1201 cubic meters per US$ of GDP | 0.0809 cubic meters per US$ of GDP | 0.1578 cubic meters per US$ of GDP | 10 |
| 2020s | 0.1912 cubic meters per US$ of GDP | 0.1641 cubic meters per US$ of GDP | 0.2183 cubic meters per US$ of GDP | 2 |
Countries ranked near Libya
- 1 Venezuela, Bolivarian Republic of 0.8532 cubic meters per US$ of GDP compare
- 3 Iraq 0.11 cubic meters per US$ of GDP compare
- 4 Kuwait 0.1088 cubic meters per US$ of GDP compare
- 5 Iran, Islamic Republic of 0.0814 cubic meters per US$ of GDP compare
More energy & mining data for Libya
- Fuel imports 13.1% (2019)
- Ores and metals imports 1.7% (2019)
- Ores and metals exports 0.7% (2019)
- Gas production 117.26 terawatt-hours (2025)
- Fossil fuel production per person, by fuel 15,721 kilowatt-hours per person (2025)
- Fossil fuel production by fuel 117.26 terawatt-hours (2025)
- Gas production per person 15,721 kilowatt-hours per person (2025)
- Fossil fuel production by fuel, per capita 0 terawatt-hours per person (2025)
- Fossil fuel production by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Gas production, per capita 0 terawatt-hours per person (2025)
Frequently asked questions
- What is oil reserves, per unit of gdp in Libya?
- Oil reserves, per unit of gdp in Libya was 0.2183 cubic meters per US$ of GDP in 2021, according to Statizoid (derived).
- What is the highest oil reserves, per unit of gdp recorded in Libya?
- The highest recorded value was 0.229 cubic meters per US$ of GDP in 2002.
- What is the lowest oil reserves, per unit of gdp recorded in Libya?
- The lowest recorded value was 0.076 cubic meters per US$ of GDP in 2008.
- How does Libya rank for oil reserves, per unit of gdp?
- Libya ranks 2nd out of 198 countries with data for 2021.
- Is oil reserves, per unit of gdp rising or falling in Libya?
- Over the last ten years it is up 42.5%. The long-run trend across the full record is rising.
- Where does this Libya data come from?
- The figures come from Statizoid (derived), published as part of Oil reserves, per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Oil reserves divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Oil reserves ÷ GDP (current US$)
Computed from
- Oil reserves U.S. Energy Information Administration (2022) – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Oil reserves divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.