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Economy of Libya. Statistics, Data and Indicators

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Libya
N/AN/A Credit rank #
N/A Quality of life #
171 Corruption rank#156
186 Ease of doing business#162
Libya


Libya Major Economic Indicators

Indicator Data Period
GDP Value 45.75 USD Billion 2022
GDP Annual Growth Rate -12.1 % 2022
GDP per capita 8151 USD 2022
Inflation Rate YoY 2.1 % Jul/23
Interest Rate 3 % Aug/23
Unemployment Rate 20.7 % 2022
Balance of Trade 19135 LYD Million | 3.919 B USD 2022
Current Account 62029 LYD Million | 12.705 B USD 2022


GDP Indicators

Indicator Data Period
GDP Value 45.75 USD Billion 2022
GDP Annual Growth Rate -12.1 % 2022
GDP per capita 8151 USD 2022
GDP Constant Prices 20388 LYD Million | 14.53 B USD 2014
GDP per capita PPP 19797 USD 2022


Budget Indicators

Indicator Data Period
Government Debt to GDP 83 % 2021
Government Budget Value 6502 LYD Million | 1.332 B USD 2022
Government Revenues 134376 LYD Million | 27.524 B USD 2022
Fiscal Expenditure  127874 LYD Million | 26.192 B USD 2022
Government Budget to GDP 3.1 % 2022


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 295 Index Points Jul/23
Food Inflation 3.36 % Jul/23
GDP Deflator 211 Index Points 2014
Inflation Rate YoY 2.1 % Jul/23
CPI Housing Utilities 194 Index Points Jul/23
CPI Transportation 214 Index Points Jul/23


Trade Indicators

Indicator Data Period
Current Account to GDP 23.3 % 2022
Balance of Trade 19135 LYD Million | 3.919 USD Billion 2022
Capital Flows -24075 LYD Million | -4.931 USD Billion 2022
Current Account 62029 LYD Million | 12.705 USD Billion 2022
Exports 39118 LYD Million | 8.012 USD Billion 2022
Imports 19982 LYD Million | 4.093 USD Billion 2022


Money Indicators

Indicator Data Period
Gold Reserves 117 Tonnes 2Q/23
Interest Rate 3 % Aug/23
Money Supply M0 73643 LYD Million | 15.084 USD Billion Jun/23
Money Supply M1 119569 LYD Million | 24.491 B USD Jun/23
Money Supply M2 123202 LYD Million | 25.235 B USD Jun/23
Deposit Interest Rate 2.5 % 2014
Foreign Direct Investment 1999 LYD Million | 0.409 B USD 2022


Labor Indicators

Indicator Data Period
Unemployment Rate 20.7 % 2022


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 1192 BBL/D/1K Aug/23
Steel Production 73.23 Thousand Tonnes Dec/20


Business Indicators

Indicator Data Period
Corruption Index 17 index points 2022
Corruption Rank 171 place 2022
Ease of Doing Business 186 place 2019