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Libyan Arab Jamahiriya

Libyan Arab Jamahiriya : economy statistics and industry reports

  • Updated on : 27 August 2012  Source : The World Factbook

Imports

$10.32 billion (2011 est.)
$24.56 billion (2010 est.)

Exports

$16.46 billion (2011 est.)
$48.94 billion (2010 est.)

Inflation rate (consumer prices)

15.9% (2011 est.)
2.5% (2010 est.)

Unemployment rate

30% (2004 est.)

GDP - per capita (PPP)

$14,100 (2010 est.)
$14,900 (2010 est.)
note: $14,800 (2009 est.)

National product real growth rate

3.3% (2010 est.)
-0.7% (2009 est.)
2.7% (2008 est.)

Internet users

353,900 (2009)

Telephones - mobile cellular

10.9 million (2009)

Population growth rate

2.007% (2012 est.)

Population

6,733,620 (July 2012 est.)
note: includes 166,510 non-nationals

Historical background

The Italians supplanted the Ottoman Turks in the area around Tripoli in 1911 and did not relinquish their hold until 1943 when defeated in World War II.

Libya then passed to UN administration and achieved independence in 1951.

Following a 1969 military coup, Col.

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Libyan Arab Jamahiriya

Economic overview

The Libyan economy depends primarily upon revenues from the oil sector, which contribute about 95% of export earnings, 25% of GDP, and 80% of government revenue.

The weakness in world hydrocarbon prices in 2009 reduced Libyan government tax income and constrained economic growth.

Substantial revenues from the energy sector coupled with a small population give Libya one of the highest per capita GDPs in Africa, but little of this income flows down to the lower orders of society.

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The Economist Intelligence Unit

Country Forecast Libya August 2015 Updater

Country Forecast Libya August 2015 Updater

  • $ 635
  • Country report
  • August 2015
  • by The Economist Intelligence Unit

Libya is in the grip of a civil war, with rival governments in Bayda, in the east, and Tripoli, in the west. The Economist Intelligence Unit expects political instability to persist throughout most of ...

  • Countries : Libyan Arab Jamahiriya

Dun and Bradstreet (Altares)

D&B Country Insight Report: Libya

D&B Country Insight Report: Libya

  • $ 650
  • Country report
  • July 2015
  • by Dun and Bradstreet (Altares)

Report Summary If you are involved in cross-border business, developing relationships or identifying opportunities overseas, you are exposed to the risk associated with a country’s overall political, ...

  • Countries : Iran, World, Libyan Arab Jamahiriya

ISA

Libya - ISA Country Report

Libya - ISA Country Report

  • $ 99
  • Country report
  • August 2015
  • by ISA

This report contains detailed forecasts and analysis for Libya, including trade and investment analysis, economic forecasts, political risk assessments and demographic trend analysis. Each ISA Country ...

  • Countries : Libyan Arab Jamahiriya

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