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Economy of Brazil vs Libya compared: GDP & Debt

Updated on by Georank

Brazil has a GDP of $2.28T compared to $48.1B for Libya, ranking 11/197 and 100/197 by economy size, respectively.

Brazil vs Libya GDP by year

Brazil
Libya
1x
Year GDP, current $
Brazil Libya
2025 $2,279,920,092,492 $48,098,909,614
2024 $2,185,821,610,689 $48,487,151,215
2023 $2,191,131,765,685 $44,027,664,915
2022 $1,951,923,942,083 $43,246,297,922
2021 $1,670,647,398,905 $35,217,995,647
2020 $1,476,107,231,310 $46,854,285,441
2019 $1,873,288,205,060 $69,254,496,472
2018 $1,916,933,898,011 $76,686,029,772
2017 $2,063,514,977,366 $67,157,452,182
2016 $1,795,693,482,853 $49,912,073,701
2015 $1,802,212,206,815 $48,717,501,321
2014 $2,456,043,727,199 $57,372,355,592
2013 $2,472,819,535,557 $75,351,107,029
2012 $2,465,227,802,807 $92,540,938,129
2011 $2,616,156,223,918 $48,169,263,294
2010 $2,208,837,745,101 $75,380,825,062
2009 $1,666,996,438,581 $60,808,562,033
2008 $1,695,855,083,498 $86,710,767,415
2007 $1,397,114,486,369 $68,032,978,391
2006 $1,107,626,541,435 $60,094,231,607
2005 $891,633,839,894 $47,334,691,241
2004 $669,289,424,806 $33,122,307,692
2003 $558,233,745,652 $26,265,625,000
2002 $509,795,273,807 $20,481,889,764
2001 $559,983,634,799 $34,112,093,927
2000 $655,448,231,984 $38,270,954,138
1999 $599,642,024,320 $35,975,860,857
1998 $863,710,759,256 $27,251,301,398
1997 $883,206,179,730 $30,700,897,875
1996 $850,426,432,992 $27,884,615,385
1995 $769,333,050,987 $25,541,379,187
1994 $525,369,467,296 $28,610,549,763
1993 $368,292,034,381 $30,660,051,911
1992 $328,191,909,882 $33,887,047,909
1991 $342,534,090,909 $31,991,821,265
1990 $384,959,818,182 $28,904,183,602
1989 $412,990,820,287 $25,156,707,899
1988 $307,881,930,752 $24,308,959,591
1987 $283,056,836,894 $26,697,659,335
1986 $256,480,852,471 $24,180,400,959
1985 $210,879,844,639 $31,530,566,324
1984 $188,339,974,087 $29,476,109,153
1983 $189,656,506,321 $33,200,520,140
1982 $271,314,113,768 $33,760,146,991
1981 $258,015,174,749 $36,374,353,880
1980 $237,393,489,893 $40,953,924,949
1979 $221,338,204,480 $30,536,429,497
1978 $200,278,646,124 $22,136,422,643
1977 $176,344,101,402 $22,428,297,108
1976 $153,168,949,208 $19,096,943,017
1975 $129,203,555,239 $14,710,912,458
1974 $109,794,519,728 $15,112,543,717
1973 $83,592,275,863 $8,625,889,430
1972 $58,434,858,375 $6,299,395,544
1971 $48,869,830,902 $5,260,185,125
1970 $42,327,664,794 $4,601,649,451
1969 $37,171,640,819 $4,380,987,481
1968 $33,930,457,425 $3,850,623,095
1967 $31,086,389,195 $2,726,986,913
1966 $28,283,323,733 $2,312,438,536
1965 $22,465,522,884 $1,804,979,680
1964 $20,963,733,695 $1,341,395,421
1963 $23,287,712,878 $892,327,911
1962 $19,231,747,852 $619,725,785
1961 $17,275,940,449 $443,905,612
1960 $17,030,465,539 $401,644,249

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/brazil/libya | CC BY

GDP per capita in Brazil vs Libya by year

Brazil
GDP per capita

GDP per capita, PPP
Libya
GDP per capita

GDP per capita, PPP
1x
Year Current $
Brazil Libya
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $10,713 - $6,449 -
2024 $10,311 $22,338 $6,569 $14,304
2023 $10,378 $21,176 $6,027 $13,847
2022 $9,281 $19,877 $5,987 $12,266
2021 $7,973 $18,076 $4,936 $12,642
2020 $7,074 $16,102 $6,650 $10,955
2019 $9,030 $16,070 $9,963 $16,194
2018 $9,301 $15,464 $11,197 $18,879
2017 $10,081 $14,559 $9,966 $18,026
2016 $8,836 $14,309 $7,526 $16,961
2015 $8,936 $14,821 $7,458 $17,903
2014 $12,275 $15,827 $8,926 $17,510
2013 $12,459 $15,722 $11,952 $21,151
2012 $12,522 $15,198 $14,976 $26,826
2011 $13,397 $15,212 $7,594 $15,698
2010 $11,403 $14,452 $11,601 $30,234
2009 $8,679 $13,391 $9,551 $29,027
2008 $8,908 $13,445 $13,906 $30,812
2007 $7,410 $12,673 $11,145 $30,929
2006 $5,934 $11,751 $10,049 $28,936
2005 $4,828 $11,081 $8,079 $26,903
2004 $3,664 $10,526 $5,774 $23,813
2003 $3,091 $9,802 $4,674 $22,663
2002 $2,856 $9,617 $3,718 $20,061
2001 $3,176 $9,304 $6,313 $20,332
2000 $3,767 $9,092 $7,214 $20,617
1999 $3,494 $8,635 $6,895 $19,769
1998 $5,106 $8,599 $5,301 $19,639
1997 $5,299 $8,602 $6,062 $20,439
1996 $5,179 $8,301 $5,591 $19,392
1995 $4,757 $8,097 $5,205 $18,952
1994 $3,299 $7,727 $5,933 $19,318
1993 $2,349 $7,260 $6,478 $18,904
1992 $2,127 $6,869 $7,303 $19,572
1991 $2,258 $6,867 $7,040 $20,085
1990 $2,581 $6,688 $6,502 $17,173
1989 $2,819 - $5,793 -
1988 $2,141 - $5,736 -
1987 $2,006 - $6,465 -
1986 $1,854 - $6,019 -
1985 $1,556 - $8,087 -
1984 $1,420 - $7,811 -
1983 $1,461 - $8,927 -
1982 $2,138 - $9,064 -
1981 $2,080 - $10,044 -
1980 $1,959 - $11,960 -
1979 $1,870 - $9,443 -
1978 $1,733 - $7,252 -
1977 $1,562 - $7,783 -
1976 $1,390 - $7,018 -
1975 $1,201 - $5,721 -
1974 $1,045 - $6,214 -
1973 $815 - $3,727 -
1972 $583 - $2,830 -
1971 $500 - $2,443 -
1970 $444 - $2,210 -
1969 $399 - $2,175 -
1968 $374 - $1,972 -
1967 $351 - $1,437 -
1966 $328 - $1,251 -
1965 $268 - $1,001 -
1964 $257.3 - $765 -
1963 $294.2 - $528 -
1962 $250.2 - $382 -
1961 $231.6 - $285.3 -
1960 $235.3 - $269 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/brazil/libya | CC BY

Brazil's GDP per capita is $10,713, ranking 85/197, compared to $6,449 in Libya, ranking 112/197. Adjusted for purchasing power (GDP per capita PPP), Brazil ranks 88th at $22,338, while Libya ranks 118th at $14,304.

Economic indicators

Brazil Libya
Gross domestic product
$2.28T
2025
$48.1B
2025
GDP rank
11/197
2025
100/197
2025
GDP growth
2.29%
2024-2025
13.4%
2024-2025
GDP per capita
$10,713
2025
$6,449
2025
GDP per capita rank
85/197
2025
112/197
2025
GDP per capita, PPP
$22,338
2024
$14,304
2024
GDP per capita PPP rank
88/197
2024
118/197
2024
Government debt
$2.13T
2025
n/a
Debt-to-GDP ratio
93.3%
2025
n/a
Government debt per person
$9,999
2025
n/a
Government debt per person rank
60/185
2025
n/a
Average annual personal income after taxes
$6,555
2026
$3,426
2026
Market capitalization of domestic companies
$871B
2025
n/a
Number of millionaires
386,000
2026
n/a
Number of billionaires
70
2026
n/a
Income share by richest 10%
39.3%
2024
n/a
Income share by poorest 10%
1.3%
2024
n/a
Government expenditure, % of GDP
47.4%
2025
102.3%
2025
Consumer prices inflation
5%
2024-2025
1.84%
2024-2025
Central bank interest rate
14.5%
2026
n/a
Unemployment rate
5.83%
2025
30%
2004
Population
213964342
7580693

Government deficit by year

Deficit/surplus
Brazil

Libya
1x
Year Deficit/surplus, % of GDP
Brazil Libya
2025 -8.07% -31.1%
2024 -6.17% -25.9%
2023 -7.71% -7.16%
2022 -3.96% 23.6%
2021 -2.63% 14.8%
2020 -11.6% -22.3%
2019 -4.86% 11.9%
2018 -6.99% 9.39%
2017 -7.97% -11.1%
2016 -7.99% -29.3%
2015 -9.28% -28.5%
2014 -6.27% -30.5%
2013 -3.42% -16.3%
2012 -2.35% 24.6%
2011 -2.74% -11.5%
2010 -3.55% 11.5%
2009 -4.23% -5.46%
2008 -2.39% 27.7%
2007 -2.66% 28.4%
2006 -4.87% 29.1%
2005 -3.36% 30.4%
2004 -2.95% 11.3%
2003 -5.4% 6.17%
2002 -4.15% 6.99%
2001 -3.47% 0.07%
2000 -3.32% 13.6%
1999 -5.17% 5.69%
1998 -7.22% -2.36%
1997 -5.6% -2.1%
1996 -5.35% 11.3%
1995 - 3.8%
1994 - -2.67%
1993 - -5.77%
1992 - 0.11%
1991 - 8.41%
1990 - 3.36%
1989 - -
1988 - -
1987 - -
1986 -1.6% -
1985 -1.3% -
1984 -0.4% -
1983 0.1% -
1982 1.4% -
1981 1% -
1980 2.5% -
1979 0.4% -
1978 -0.1% -
1977 0.1% -
1976 0.1% -
1975 0% -
1974 0.6% -
1973 0.1% -
1972 -0.1% -
1971 -0.3% -
1970 -0.4% -
1969 -0.6% -
1968 -1.6% -
1967 -2.1% -
1966 -1.3% -
1965 -2% -
1964 -8.79% -
1963 -5.78% -
1962 -6.82% -
1961 -2.93% -
1960 -3.85% -
1959 -0.18% -
1958 -0.76% -
1957 -0.29% -
1956 -0.14% -
1955 -0.62% -
1954 -0.49% -
1953 -1.26% -
1952 0.64% -
1951 0.87% -
1950 -1.58% -
1949 -1.22% -
1948 0.002% -
1947 0.25% -
1946 -1.78% -
1945 -2.87% -
1944 -2.37% -
1943 -0.75% -
1942 -2.55% -
1941 -2.15% -
1940 -1.13% -
1939 -1.2% -
1938 -0.59% -
1937 -1.62% -
1936 -0.27% -
1935 -0.5% -
1934 -2.28% -
1933 -1.56% -
1932 -6.47% -
1931 -1.56% -
1930 -3.58% -
1929 -0.09% -
1928 0.57% -
1927 0.12% -
1926 -0.76% -
1925 -0.07% -
1924 -0.45% -
1923 -1.94% -
1922 -3.8% -
1921 -2.98% -
1920 -3.11% -
1919 -3.69% -
1918 -4.51% -
1917 -4.8% -
1916 -4.35% -
1915 -6.33% -
1914 -7.32% -
1913 -1.91% -
1912 -3.05% -
1911 -2.15% -
1910 -2.06% -
1909 -1.62% -
1908 -1.89% -
1907 0.38% -
1906 0.28% -
1905 0.96% -
1904 -0.62% -
1903 1.79% -
1902 1.59% -
1901 -2.46% -
1900 -5.57% -
1899 -2.13% -
1898 -14% -
1897 -2.38% -
1896 -0.79% -
1895 -1.33% -
1894 -4.11% -
1893 -1.77% -
1892 -2.6% -
1891 0.51% -
1890 -3.02% -
1889 -3.79% -
1888 0.63% -
1887 -0.76% -
1886 -3.8% -
1885 -5.71% -
1884 -3.89% -
1883 -3.33% -
1882 -1.58% -
1881 -1.9% -
1880 -4.84% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–2000, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/brazil/libya | CC BY

In 2025, Brazil's government deficit, the difference between spending and revenue, was $184B, equivalent to 8.07% of GDP. This compares to Libya's deficit of $14.9B, or 31.1% of GDP.

Over the past 36 years, Brazil recorded a fiscal deficit in 30 of those years, while Libya ran a deficit in 15 years. On average, Brazil posted an annual deficit equal to 5.19% of GDP, compared to surplus of 1.4% of GDP for Libya.

Inflation comparison by year

Inflation
Brazil

Libya
1x
Year Consumer prices inflation
Brazil Libya
2025 5% 1.84%
2024 4.4% 2.13%
2023 4.6% 2.37%
2022 9.3% 4.51%
2021 8.3% 2.87%
2020 3.2% 1.45%
2019 3.7% -2.16%
2018 3.7% 13.2%
2017 3.4% 25.8%
2016 8.7% 25.9%
2015 9% 10.4%
2014 6.3% 2.43%
2013 6.2% 2.61%
2012 5.4% 6.06%
2011 6.6% 15.5%
2010 5% 2.8%
2009 4.9% 2.46%
2008 5.7% 10.4%
2007 3.6% 6.25%
2006 4.2% 1.46%
2005 6.9% 2.65%
2004 6.6% -2.2%
2003 14.7% -2.19%
2002 8.4% -9.8%
2001 6.8% -8.81%
2000 7% -2.9%
1999 4.9% 2.65%
1998 3.2% 3.71%
1997 6.9% 3.55%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/brazil/libya | CC BY

Over the past 29 years, Brazil has recorded an average annual inflation rate of 6.09%, compared with 4.3% in Libya. In 2025, inflation was 5% in Brazil and 1.84% in Libya.

Top exports between countries

Brazil
Export category Export value
Animal & marine products $251M
Raw materials & minerals $217M
Processed food, beverages & tobacco $82.6M
Raw agricultural goods $36M
Textiles & consumer goods $4.45M
Machinery & equipment $2.8M
Chemicals & pharma $942K
Wood & paper products $468K
Metals $77K
Miscellaneous $29K
Libya
Export category Export value
Raw materials & minerals $132M

Balance of trade

Brazil Libya
Current account balance
-$66.7B
2025
$1.86B
2023
Current account balance ranking
188/190
2025
44/190
2023
Current account balance, % of GDP
-2.93%
2025
+4.24%
2023
Goods imports
$291B
2025
$23.2B
2023
Goods exports
$351B
2025
$37.1B
2023
Service imports
$105B
2025
$10.1B
2023
Service exports
$54.4B
2025
$642M
2023
Imports of goods and services, % of GDP
17.5%
2025
65.9%
2025
Exports of goods and services, % of GDP
17.8%
2025
71.7%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Brazil Libya
Economic freedom 52.4 35.9
Economic freedom ranking 148/197 189/197
Property rights 49.2 6.3
Government integrity 37.2 10.3
Judicial effectiveness 55.6 4.9
Tax burden 70.6 95
Government spending 39.8 0
Fiscal health 28 19.9
Business freedom 65.7 32.4
Labor freedom 57 48.2
Monetary freedom 76 75.2
Trade freedom 69 80
Investment freedom 40 5
Financial freedom 40 20

Economic freedom comparison by year

Brazil
Libya
1x
Year Economic freedom index
Brazil Libya
2026 52.4 -
2025 55.1 -
2024 53.2 -
2023 53.5 -
2022 53.3 -
2021 53.4 -
2020 53.7 -
2019 51.9 -
2018 51.4 -
2017 52.9 -
2016 56.5 -
2015 56.6 -
2014 56.9 -
2013 57.7 -
2012 57.9 35.9
2011 56.3 38.6
2010 55.6 40.2
2009 56.7 43.5
2008 56.2 38.7
2007 56.2 37
2006 60.9 33.2
2005 61.7 32.8
2004 62 31.5
2003 63.4 34.6
2002 61.5 35.4
2001 61.9 34
2000 61.1 34.7
1999 61.3 32.3
1998 52.3 32
1997 52.6 28.9
1996 48.1 31.7
1995 51.4 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/brazil/libya | CC BY

The Economic Freedom Index for Brazil is 52.4, ranking 148/197, compared to 35.9 for Libya, ranking 189/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Brazil Libya
Services, % of GDP
59.7%
2025
26.9%
2025
Industry, % of GDP
20.1%
2025
73.2%
2025
Agriculture, forestry, and fishing, % of GDP
6.09%
2025
1.5%
2025
GNI, Atlas method
$2.25T
2025
$54.1B
2025
GNI per capita, PPP
$22,670
2025
$17,150
2025
Total reserves including gold
$359B
2025
$105B
2025
Total reserves ranking
13/177
2025
29/177
2025
Net foreign direct investment
-$47.5B
2025
-$795M
2023
Net inflows of foreign direct investment
$74.1B
2024
$0
2024
Net outflows of foreign direct investment
$26.3B
2024
-$56.5M
2024
Servicing debt to the IMF, % of GNI
5.4%
2024
n/a
Poverty at national poverty lines
4.2%
2020
7.4%
2005
Gross capital formation, % of GDP
17.1%
2025
14.3%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/brazil/libya | CC BY

Compare countries by 7 more topics

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Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1880–2000, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2019–2025, retrieved 2026-07-08)
  7. Central Intelligence Agency (CIA) (2004–2020, retrieved 2026-07-08)
  8. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  9. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.