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 November 2014 Updater

Country Forecast Libya November 2014 Updater

  • $ 635
  • Country report
  • November 2014
  • by The Economist Intelligence Unit

Libya is edging closer to a full-blown civil war, owing to the hardening of attitudes between the rival governments in Bayda and Tripoli. The Economist Intelligence Unit expects political instability ...

  • Countries : Libyan Arab Jamahiriya

PRS Group

Country Forecasts (Subscription, two issues per year, April & October)

Country Forecasts (Subscription, two issues per year, April & October)

  • $ 882
  • Country report
  • October 2014
  • by PRS Group

Country Forecasts is a 480-page perfect-bound volume published in April and October. This publication provides a four-page summary of forecasts and data for each of the 100 countries monitored by Political ...

  • Countries : World, South America, Asia, Europe, North America, Africa, Dominican Republic, Czech Republic, South Korea, Philippines, Guinea, Congo, Democratic Republic Of, Papua New Guinea, New Zealand, Australia, Venezuela, Argentina, United States, Nicaragua, Guatemala, El Salvador, Dominica, Costa Rica, United Kingdom, Switzerland, Netherlands, United Arab Emirates, Sri Lanka, Singapore, Saudi Arabia, Kazakhstan, Indonesia, Bangladesh, Azerbaijan, South Africa, Uruguay, Suriname, Paraguay, Guyana, Ecuador, Chile, Colombia, Bolivia, Brazil, Panama, Mexico, Jamaica, Honduras, Haiti, Canada, Ukraine, Sweden, Spain, Slovakia (slovak Republic), Russian Federation, Romania, Portugal, Poland, Norway, Italy, Ireland, Hungary, Greece, France, Germany, Finland, Denmark, Bulgaria, Belgium, Austria, Vietnam, Thailand, Taiwan, Syrian Arab Republic, Pakistan, Myanmar, Malaysia, Kuwait, Japan, Israel, India, China, Zimbabwe, Zambia, Tunisia, Sudan, Nigeria, Morocco, Libyan Arab Jamahiriya, Kenya, Ivory Coast (cote D'ivoire), Gabon, Ghana, Egypt, Cameroon, Botswana, Angola, Algeria, Oceania, Peru, Cuba, Oman, Iraq, Iran

Oxford Economics

Country Economic Forecasts > Libya

Country Economic Forecasts > Libya

  • $ 185
  • Country report
  • October 2014
  • by Oxford Economics

With the threat of civil war looming as rival factions refuse to recognise the authority of the elected parliament, a second year of sharp GDP decline is still inevitable despite a recovery in oil output ...

  • Countries : Libyan Arab Jamahiriya

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