Macro Index Overview / Middle East & North Africa / LBY
Libya ยท Year 2023
Country:
Year:
Sovereign Economic Dossier ISO: LBY LY

Libya

Libya sovereign panel observation with harmonized output, inflation, and external resilience records from 1960 through 2025.

Middle East & North Africa Upper middle income Blocs: OPEC Tripoli

Global Rank (2023)

#48 / 205

Top 23% of global economies

Composite Score (2023)

68.6 / 100

Living Standard (2023)

$7,630

Subscore: 56.93 / 100

CPI Inflation (2023)

2.37%

Stability Score: 96.87 / 100

4-Pillar Structural Health Diagnostic (2023)

Harmonized subscores evaluating Output, Productivity, Inflation Stability, and External Buffer

Benchmark Weights: 35 / 25 / 25 / 15
Living Standards (35%) 56.93

Raw: $7,630 (2015 USD)

Price Stability (25%) 96.87

Raw: 2.37% (Anchor: 3.0%)

External Solvency (25%) 64.12

Raw: 4.24% of GDP

Economic Scale (15%) 56.26

Raw: $44.0B Current USD

Optimal Component Weights & Peak Rank Frontier (2023)

Monetary Discipline & Price Anchor Focused

What we are doing here: We simulate an automated mathematical simplex across all 286 valid permutations of weights for the 4 pillars (summing to 100%) against every competing sovereign country in 2023. This discovers which weighting system maximizes Libya's global competitive ranking by accentuating its comparative strengths.

Peak Rank #14 / 205
Default Rank #48
+34 Ranks
Living Standards 0%
Baseline: 35%
Price Stability 90%
Baseline: 25%
External Solvency 10%
Baseline: 25%
Economic Scale 0%
Baseline: 15%

Policy Insight & Strategic Advantage: Libya benefits most from its anchored inflation regime near the 3.0% target band while competitors face price volatility.

Under this bespoke weighting, Libya's composite score climbs to 93.6 (compared to 68.6 under standard multilateral weighting).

Longitudinal Trajectory & Peer Comparison Sandbox (1960โ€“2025)

Tracking Libya's multi-decade trajectory overlaid with peer benchmark economies in Year 2023

Active Comparisons:
Libya (LBY)
India (IND)
China (CHN)
United States (USA)
Germany (DEU)
Observation Year 2023 โ€ข Global Rank: #48 / 205 โ€ข Composite Score: 68.6 / 100 โ€ข Living Standard: $7,630 โ€ข Inflation: 2.37%
#1#50#100#150#20019601970198019902000201020202025#48
Hover or click any node along the curve to inspect that historical year in real time
Primary: Libya Peers (Dashed)

Cross-Sectional Benchmark Standing in Year 2023

5 economies compared ยท Ordered by Global Rank
CountryRank (2023)Composite ScoreGDP per CapitaCPI InflationCurrent Account (% GDP)Nominal GDP ($)
Germany (DEU) #1681.1$44,3695.95%5.50%$4562.2B
United States (USA) #1780.0$65,6674.12%-3.34%$27811.5B
China (CHN) #3772.3$12,4840.23%1.41%$18270.4B
Libya (LBY) Active#4868.6$7,6302.37%4.24%$44.0B
India (IND) #9359.5$2,2305.65%-0.91%$3500.9B

Decade-by-Decade Historical Milestones (1970โ€“2023)

Visualizing seminal macroeconomic shifts, shocks, and structural transitions for Libya

Metric:
Selected Era: 2023 ยท Click any node to select
100755025057.119701970s74.919801980s67.019901990s72.820002000s81.520102010s54.320202020s68.62023Recent