Key Market Indicators
Libya's passenger transport revenue is projected to decline to approximately $43 million by 2028, down from around $45 million in 2023. This represents an average annual decrease of 0.8%. Since the year 2000, Libya's market has seen a consistent decline, averaging a 2.7% drop per year. In 2023, Libya ranked 56th globally in passenger transport revenue, with Cuba slightly ahead at the same $45 million mark. The top spots in this ranking were held by Qatar, Ireland, and Russia, which took the second, third, and fourth positions respectively.
