1. Market Research
  2. > Aerospace and Defense
  3. > Defense Market Trends
Country Forecast Libya August 2018 Updater

Country Forecast Libya August 2018 Updater

  • August 2018
  • ID: 1698238
  • Format: PDF
  • The Economist Intelligence Unit


Table of Contents

Search Inside

  • A new UN-led initiative to form a unity government and then move towards elections is expected to progress, with major delays, in 2019, following the likely appointment of a powerful Qadhafi-era general, Khalifa Haftar, as commander of the country's armed forces.
  • Even following the progress on the UN initiative, insecurity will remain widespread, with local armed groups vying for influence, and Islamic State maintaining a presence around Sirte. Moreover, opposition to Mr Haftar from typically Islamist militias in Tripoli and Misurata will probably lead to a spike in fighting in early 2019. However, a growing desire for stability will prevent such militias from gaining widespread support, thus preventing a return to full-scale civil war.
  • Oil output will rise on average over the forecast period, as security gradually improves, although it will not reach pre-war levels and will remain subject to intermittent outages owing to power shortages, strikes and sabotage.
  • Fearful of exacerbating social unrest, the Central Bank of Libya, with its large stock of foreign reserves, will continue to operate as a de facto Ministry of Finance until a unified government emerges, prioritising current expenditure on subsidies and salaries over large-scale reconstruction works. The latter will be largely delayed until the final years of the forecast period (2020-22), when a more permanent government should be able to restore a degree of stability.
  • The Economist Intelligence Unit estimates that real GDP expanded in 2017 for the first time since 2012, by 25.6%, as a result of a doubling in oil output. However, growth will slow to an average of 4.2% in 2018-19, owing to pent-up import demand, before rising again from 2020 as the non-oil sector begins to recover and capital expenditure rises.
  • Consumer price inflation will remain in double digits in 2018-22, mainly owing to supply-chain disruptions and the monetisation of the fiscal deficits. However, it will ease from an estimated 28.5% in 2017 to an average of 15.1% in 2020-22 as a result of improving security and an easing of currency pressures, which in turn will lower import costs. The rise in oil output and foreign reserves since end-2016 should help to maintain the currency peg to the IMF's special drawing rights.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Radar Systems Markets in China

  • $ 4000
  • April 2021
  • 191 pages

China’s demand for Radar Systems has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth ...

  • China
  • Defense
  • Aerospace
  • Industry analysis
  • Labour Force
  • Industrial Production


Reportlinker.com © Copyright 2022. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on