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Economy of Libya. Statistics, Data and Indicators

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


Libya Major Economic Indicators

Indicator Data Period
GDP Value 52.08 USD Billion 2019
GDP Annual Growth Rate -60.3 % 2020
GDP per capita 8122 USD 2019
Inflation Rate YoY 2.8 % Dec/20
Interest Rate 3 % Feb/21
Unemployment Rate 18.63 % 2020
Balance of Trade 14754 LYD Million | 3.284 B USD 2019
Current Account 5733 LYD Million | 1.276 B USD 2019


GDP
vvp
52.08
USD Billion
#90 from 174 countries
GDP per capita
vvp
8122
USD
#77 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 52.08 USD Billion 2019
GDP Annual Growth Rate -60.3 % 2020
GDP per capita 8122 USD 2019
GDP Constant Prices 20388 LYD Million | 14.53 B USD 2014
GDP per capita PPP 15174 USD 2019


Budget Indicators

Indicator Data Period
Government Debt to GDP -0.2 % 2019
Government Budget Value -11552 LYD Million | -2.571 B USD 2019
Government Revenues 22818 LYD Million | 5.079 B USD 2020
Fiscal Expenditure  37310 LYD Million | 8.305 B USD 2020
Government Budget to GDP 3.9 % 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 270 Index Points Dec/20
Food Inflation 3.15 % Dec/20
GDP Deflator 211 Index Points 2014
Inflation Rate YoY 2.8 % Dec/20
CPI Housing Utilities 176 Index Points Dec/20
CPI Transportation 186 Index Points Dec/20


Trade Indicators

Indicator Data Period
Current Account to GDP 9.3 % 2019
Balance of Trade 14754 LYD Million | 3.284 USD Billion 2019
Capital Flows -4567 LYD Million | -1.017 USD Billion 2019
Current Account 5733 LYD Million | 1.276 USD Billion 2019
Exports 38788 LYD Million | 8.634 USD Billion 2019
Imports 24034 LYD Million | 5.35 USD Billion 2019


Money Indicators

Indicator Data Period
Gold Reserves 117 Tonnes 4Q/20
Interest Rate 3 % Feb/21
Money Supply M0 66532 LYD Million | 14.809 USD Billion Dec/20
Money Supply M1 122950 LYD Million | 27.367 B USD Dec/20
Money Supply M2 125543 LYD Million | 27.944 B USD Dec/20
Deposit Interest Rate 2.5 % 2014
Foreign Direct Investment -482 LYD Million | -0.107 B USD 2019


Labor Indicators

Indicator Data Period
Unemployment Rate 18.63 % 2020


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 1283 BBL/D/1K Mar/21
Steel Production 73.23 Thousand Tonnes Dec/20


Business Indicators

Indicator Data Period
Corruption Index 17 index points 2020
Corruption Rank 173 place 2020
Ease of Doing Business 186 place 2019


Gold Reserves
gold_reserve_icon
117
Tonnes
#32 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
N/A
N/A
#N/A from N/A countries


Government Budget Value
balance_icon
-2.571
B USD
#95 from 113 countries
Inflation Rate
inflation_icon
2.8
%
#174 from 174 countries


Interest Rate
discount_rate_icon
3
%
#96 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
18.63
%
#17 from 171 countries
Wages
salary_icon
N/A
N/A
#N/A from N/A countries