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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 #
172 Corruption rank#156
186 Ease of doing business#162
Libya


Libya Major Economic Indicators

Indicator Data Period
GDP Value 41.88 USD Billion 2021
GDP Annual Growth Rate 177 % 2021
GDP per capita 8753 USD 2021
Inflation Rate YoY 5.7 % Mar/22
Interest Rate 3 % May/22
Unemployment Rate 19.6 % 2021
Balance of Trade 3169 LYD Million | 0.647 B USD 2020
Current Account -5514 LYD Million | -1.125 B USD 2020


GDP Indicators

Indicator Data Period
GDP Value 41.88 USD Billion 2021
GDP Annual Growth Rate 177 % 2021
GDP per capita 8753 USD 2021
GDP Constant Prices 20388 LYD Million | 14.53 B USD 2014
GDP per capita PPP 21260 USD 2021


Budget Indicators

Indicator Data Period
Government Debt to GDP 155 % 2020
Government Budget Value -11552 LYD Million | -2.358 B USD 2019
Government Revenues 105620 LYD Million | 21.557 B USD 2021
Fiscal Expenditure  85776 LYD Million | 17.507 B USD 2021
Government Budget to GDP 13.8 % 2021


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 288 Index Points Mar/22
Food Inflation 5.53 % Mar/22
GDP Deflator 211 Index Points 2014
Inflation Rate YoY 5.7 % Mar/22
CPI Housing Utilities 190 Index Points Mar/22
CPI Transportation 208 Index Points Mar/22


Trade Indicators

Indicator Data Period
Current Account to GDP 21.6 % 2021
Balance of Trade 3169 LYD Million | 0.647 USD Billion 2020
Capital Flows -8022 LYD Million | -1.637 USD Billion 2020
Current Account -5514 LYD Million | -1.125 USD Billion 2020
Exports 14294 LYD Million | 2.917 USD Billion 2020
Imports 11126 LYD Million | 2.271 USD Billion 2020


Money Indicators

Indicator Data Period
Gold Reserves 117 Tonnes 1Q/22
Interest Rate 3 % May/22
Money Supply M0 55420 LYD Million | 11.311 USD Billion Mar/22
Money Supply M1 100695 LYD Million | 20.552 B USD Mar/22
Money Supply M2 104055 LYD Million | 21.237 B USD Mar/22
Deposit Interest Rate 2.5 % 2014
Foreign Direct Investment -487 LYD Million | -0.099 B USD 2020


Labor Indicators

Indicator Data Period
Unemployment Rate 19.6 % 2021


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 629 BBL/D/1K Jun/22
Steel Production 73.23 Thousand Tonnes Dec/20


Business Indicators

Indicator Data Period
Corruption Index 17 index points 2021
Corruption Rank 172 place 2021
Ease of Doing Business 186 place 2019