Economy of Libya. Statistics, Data and Indicators

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

Libya Major Economic Indicators
Indicator | Data | Period |
---|---|---|
GDP Value | 52.08 USD Billion | 2019 |
GDP Annual Growth Rate | 4 % | 2019 |
GDP per capita | 8122 USD | 2019 |
Inflation Rate YoY | 1.3 % | Apr/20 |
Interest Rate | 3 % | Dec/20 |
Unemployment Rate | 17.3 % | 2019 |
Balance of Trade | 14754 LYD Million | 3.318 B USD | 2019 |
Current Account | 5733 LYD Million | 1.289 B USD | 2019 |
GDP

52.08
USD Billion
#90 from 174 countries
GDP per capita

8122
USD
#77 from 169 countries
GDP Indicators
Indicator | Data | Period |
---|---|---|
GDP Value | 52.08 USD Billion | 2019 |
GDP Annual Growth Rate | 4 % | 2019 |
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 | -2.598 B USD | 2019 |
Government Revenues | 57365 LYD Million | 12.902 B USD | 2019 |
Fiscal Expenditure | 45813 LYD Million | 10.304 B USD | 2019 |
Government Budget to GDP | 3.9 % | 2018 |
Inflation Indicators
Indicator | Data | Period |
---|---|---|
Consumer Price Index (CPI) | 272 Index Points | Apr/20 |
Food Inflation | -2.93 % | Apr/20 |
GDP Deflator | 211 Index Points | 2014 |
Inflation Rate YoY | 1.3 % | Apr/20 |
CPI Housing Utilities | 175 Index Points | Apr/20 |
CPI Transportation | 184 Index Points | Apr/20 |
Trade Indicators
Indicator | Data | Period |
---|---|---|
Current Account to GDP | 33.2 % | 2019 |
Balance of Trade | 14754 LYD Million | 3.318 USD Billion | 2019 |
Capital Flows | -4567 LYD Million | -1.027 USD Billion | 2019 |
Current Account | 5733 LYD Million | 1.289 USD Billion | 2019 |
Exports | 38788 LYD Million | 8.724 USD Billion | 2019 |
Imports | 24034 LYD Million | 5.406 USD Billion | 2019 |
Money Indicators
Indicator | Data | Period |
---|---|---|
Gold Reserves | 117 Tonnes | 3Q/20 |
Interest Rate | 3 % | Dec/20 |
Money Supply M0 | 59637 LYD Million | 13.413 USD Billion | May/20 |
Money Supply M1 | 107028 LYD Million | 24.072 B USD | May/20 |
Money Supply M2 | 110655 LYD Million | 24.888 B USD | May/20 |
Deposit Interest Rate | 2.5 % | 2014 |
Foreign Direct Investment | -482 LYD Million | -0.108 B USD | 2019 |
Labor Indicators
Indicator | Data | Period |
---|---|---|
Unemployment Rate | 17.3 % | 2019 |
Taxes
Indicator | Data | Period |
---|---|---|
Corporate Tax Rate | 20 % | 2020 |
Personal Income Tax Rate | 10 % | 2020 |
Social Security Rate | 15 % | 2019 |
Social Security Rate For Companies | 11.25 % | 2019 |
Social Security Rate For Employees | 3.75 % | 2019 |
Production Indicators
Indicator | Data | Period |
---|---|---|
Crude Oil Production | 1224 BBL/D/1K | Dec/20 |
Steel Production | 70.2 Thousand Tonnes | Nov/20 |
Business Indicators
Indicator | Data | Period |
---|---|---|
Corruption Index | 18 index points | 2019 |
Corruption Rank | 168 place | 2019 |
Ease of Doing Business | 186 place | 2019 |
Gold Reserves

117
Tonnes
#32 from 114 countries
Foreign Exchange Reserves

N/A
N/A
#N/A from
N/A countries
Government Budget Value

-2.598
B USD
#95 from 113 countries
Inflation Rate

1.3
%
#174 from
174 countries
Interest Rate

3
%
#96 from
159 countries
Bank Lending Rate

N/A%
#N/A from
N/A countries
Unemployment Rate

17.3
%
#17 from
171 countries
Wages

N/A
N/A
#N/A from
N/A countries