Libya

  • Key Indicators

    Summary Statistics
    Region: Northern Africa                 
    Surface Area (sq. km): 1676198        
    Population 2023: 6,888,388
    Capital city: Tripoli 
    Currency: Libyan Dinar (LYD)
     

    Description 2021 2022 2023
    National Accounts
    Real GDP Growth (annual percent change) 28.3 -18.5 17.9
    GDP (current prices, billions of US$) 39.01 40.84 43.75
    GDP per capita (current prices, $US per capita) 5,813.32 6,025.68 6,391.76
    Inflation rate, average consumer prices (annual % change) 2.80 5.50 4.00
    Trade
    Imports in Services (current prices, millions of $US)      
    Exports in Services (current prices, millions of $US)      
    Merchandise Imports (current prices, millions of $US) 18,972    
    Merchandise Exports (current prices, millions of $US) 28,986    
    Gas + Petrol Imports (in thousands of $US) 2,596,909    
    Gas + Petrol Exports (in thousands of $US) 27,154,033    
    BOP (BALANCE OF PAYMENTS)
    Current account, balance (billions of $US) 7.056 6.763 10.728
    Current account, balance (% of GDP) 18.1 16.6 24.5
    FINANCE
    General government net lending/borrowing (% of GDP) 11.3 15.8 22.1
    General government gross debt (% of GDP)      
    EMPLOYMENT & SOCIAL INDICATORS
    Population 5,592,631 6,812,341 6,888,388
    Unemployment, total (% of total labor force) 12.50    

     

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