The structure of the title compound, [Li(C5H3N2O2)(H2O)]n, is composed of centrosymmetric dimers in which two LiI ions are bridged by a carboxylate O atom, each donated by a ligand, acting in a bidentate mode. The second carboxylato O atoms bridge the dimers to LiI ions in adjacent dimers, forming molecular layers parallel to (001). Each LiI ion is coordinated by two bridging carboxylate O atoms, a bridging carboxylate O atom donated by the adjacent dimer and an aqua O atom, resulting in a distorted tetrahedral coordination geometry. The layers are held together by O—H⋯N hydrogen bonds in which coordinated water O atoms act as donors and ligand hetero-ring N atoms as acceptors.