What would a basic income cost in Libya?
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Total cost per year
14.3 billion Libyan dinars
about 2.7 billion US dollars
7.46 million people × 160 Libyan dinars a month × 12 months
Compared with
- GDP (nominal) (2025)5.6%
Libya in numbers
Libya has a population of 7.46 million (2025) and a GDP of 255 billion Libyan dinars (about 48.1 billion US dollars) in 2025.
Paying everyone 160 Libyan dinars a month would cost 14.3 billion Libyan dinars a year (about 2.7 billion US dollars), or 5.6% of GDP. The World Bank has no recent central government expense or tax figures for Libya, so only GDP is compared.
Children only (under 18: 2.42 million) would cost 4.64 billion Libyan dinars a year (1.8% of GDP); adults only (18 and over: 5.04 million), 9.68 billion Libyan dinars (3.8%).
Default amount: 160 Libyan dinars a month is the World Bank's international poverty line of $3.00 a day (2021 PPP), converted into Libyan dinars with the World Bank's PPP conversion factor for household consumption (2025) and rounded to two significant figures. It is a reference point, not a policy proposal; change it above.
How to read this
This is the gross cost: the total paid out. The real net cost depends on which taxes fund it, which benefits or tax breaks it replaces and whether the payment is taxed. The population, budget and GDP figures are not all from the same year (see the sources).
Sources for the figures
- Population
- World Bank: population, total (SP.POP.TOTL), and population by single year of age 0 to 17 (SP.POP.AG00.FE.IN … SP.POP.AG17.MA.IN), 2025
- SP.POP.AG00.FE.IN … SP.POP.AG17.MA.IN
- Default amount
- World Bank: international poverty line of $3.00 a day (2021 PPP), June 2025 update
- World Bank: PPP conversion factor, household final consumption (PA.NUS.PRVT.PP), 2025
- Retrieved from the World Bank API on November 9, 2026 (CC BY 4.0). Government figures are central government, as a share of GDP in their own year, applied to the latest GDP.