Lua isn't my primary programming language now, but it was for a while. My personal experience on the library ecosystem was:
It's definitely smaller than many languages, and this is something to consider before selecting Lua for a project. But, on the positive side: With some 'other' languages I might find 5 or 10 libraries all doing more or less the same thing, many of them bloated and over-engineered. But with Lua I would often find just one library available, and it would be small and clean enough that I could easily read through its source code and know exactly how it worked.
Another nice thing about Lua when run on LuaJIT: extremely high CPU performance for a scripting language.
In summary: A better choice than it might appear at first, but with trade-offs which need serious consideration.
It's definitely smaller than many languages, and this is something to consider before selecting Lua for a project. But, on the positive side: With some 'other' languages I might find 5 or 10 libraries all doing more or less the same thing, many of them bloated and over-engineered. But with Lua I would often find just one library available, and it would be small and clean enough that I could easily read through its source code and know exactly how it worked.
Another nice thing about Lua when run on LuaJIT: extremely high CPU performance for a scripting language.
In summary: A better choice than it might appear at first, but with trade-offs which need serious consideration.