Economy 1        0  358 reads

Adjusted net savings, excluding particulate emission damage > % of GNI -12.16 % of GNI [73rd of 145]
Adjusted savings; consumption of fixed capital > % of GNI 12.39 % of GNI [49th of 181]
Adjusted savings; gross savings > % of GNI 28.89 % of GNI [12th of 161]
Adjusted savings; net national savings > % of GNI 23.64 % of GNI [6th of 161]
African countries by GDP per capita > GDP Per Capita $11,354.00 [5th of 53]
Agriculture > products
wheat, barley, olives, dates, citrus, vegetables, peanuts, soybeans; cattle
Aid > % of GNI 0.06 % of GNI [121st of 155]
Aid > % of gross capital formation 0.26 % [135th of 148]
Aid > % of imports of goods and services 0.16 % [84th of 133]
Aid per capita > current US$ 4.18 $ [124th of 169]
Bank liquid reserves to bank assets ratio 104.62 [5th of 172]
Budget > Expenditures $19,480,000,000.00 [63rd of 165]
Budget > Expenditures (per $ GDP) $0.32 per $1 of GDP [64th of 155]
Budget > Expenditures (per capita) $3,226.81 per capita [46th of 164]
Budget > Expenditures > Capital $5,600,000,000.00 [10th of 68]
Budget > Expenditures > Capital (per $ GDP) $111.29 per 1,000 $ of GDP [2nd of 67]
Budget > Expenditures > Capital (per capita) $938.78 per capita [9th of 68]
Budget > Revenues $39,880,000,000.00 [50th of 166]
Budget > Revenues (per $ GDP) $0.71 per $1 of GDP [1st of 157]
Budget > Revenues (per capita) $6,606.02 per capita [32nd of 165]
Central bank discount rate 4% [107th of 117]
Changes in net reserves > BoP, current US$ -15,410,700,000 BoP $ [131st of 156]
Changes in net reserves > BoP, current US$ (per $ GDP) -397.633 BoP $ per $1,000 of GDP [131st of 175]
Changes in net reserves > BoP, current US$ (per capita) -2,632.754 BoP $ per capita [134th of 176]
Claims on governments and other public entities > current LCU -35137300000
Claims on governments, etc. > annual growth as % of M2 -128.89 annual growth as % of M2 [160th of 164]
Claims on private sector > annual growth as % of M2 0.95 annual growth as % of M2 [151st of 163]
Commercial bank prime lending rate 6% [147th of 156]
Commercial service exports > current US$ 419,000,000 $ [105th of 156]
Commercial service exports > current US$ (per $ GDP) 10.811 $ per $1,000 of GDP [127th of 177]
Commercial service exports > current US$ (per capita) 71.582 $ per capita [104th of 179]
Commercial service imports > current US$ 2,128,000,000 $ [68th of 156]
Commercial service imports > current US$ (per $ GDP) 0.055 $ per $1,000 of GDP [104th of 177]
Commercial service imports > current US$ (per capita) 363.546 $ per capita [74th of 179]
Consumer price index 78.68 % [160th of 165]
Currency Libyan dinar
Currency code LYD
Current account balance $26,380,000,000.00 [18th of 181]
Current account balance > % of GDP 38.56 % [2nd of 154]
Current account balance > BoP, current US$ 14,945,000,000 BoP $ [18th of 156]
Current account balance > BoP, current US$ (per $ GDP) 385.617 BoP $ per $1,000 of GDP [2nd of 177]
Current account balance > BoP, current US$ (per capita) 2,553.194 BoP $ per capita [10th of 179]
Current transfers, receipts > BoP, current US$ 418,000,000 BoP $ [92nd of 155]
Current transfers, receipts > BoP, current US$ (per $ GDP) 10.785 BoP $ per $1,000 of GDP [106th of 175]
Current transfers, receipts > BoP, current US$ (per capita) 71.411 BoP $ per capita [91st of 177]
Debt > External $4,837,000,000.00 [95th of 136]
Debt > External (per $ GDP) $89.27 per 1,000 $ of GDP [119th of 125]
Debt > External (per capita) $801.24 per capita [77th of 136]
Deposit interest rate > % 2.12 % [128th of 163]
Discrepancy in expenditure estimate of GDP > constant LCU 697799000
Discrepancy in expenditure estimate of GDP > current LCU 230000000
Domestic credit provided by banking sector > % of GDP -50.71 % [169th of 176]
Domestic credit to private sector > % of GDP 9.02 % [148th of 176]
Economic aid > Recipient $24,440,000.00 [122nd of 134]
Economic freedom 0.7 [152nd of 156]

Economy > Overview
The Libyan economy depends primarily upon revenues from the oil sector, which contribute about 95% of export earnings, about one-quarter of GDP, and 60% of public sector wages. Substantial revenues from the energy sector coupled with a small population give Libya one of the highest per capita GDPs in Africa, but little of this income flows down to the lower orders of society. Libyan officials in the past five years have made progress on economic reforms as part of a broader campaign to reintegrate the country into the international fold. This effort picked up steam after UN sanctions were lifted in September 2003 and as Libya announced in December 2003 that it would abandon programs to build weapons of mass destruction. Almost all US unilateral sanctions against Libya were removed in April 2004, helping Libya attract more foreign direct investment, mostly in the energy sector. Libyan oil and gas licensing rounds continue to draw high international interest; the National Oil Company set a goal of nearly doubling oil production to 3 million bbl/day by 2015. Libya faces a long road ahead in liberalizing the socialist-oriented economy, but initial steps - including applying for WTO membership, reducing some subsidies, and announcing plans for privatization - are laying the groundwork for a transition to a more market-based economy. The non-oil manufacturing and construction sectors, which account for more than 20% of GDP, have expanded from processing mostly agricultural products to include the production of petrochemicals, iron, steel, and aluminum. Climatic conditions and poor soils severely limit agricultural output, and Libya imports about 75% of its food. Libya's primary agricultural water source remains the Great Manmade River Project, but significant resources are being invested in desalinization research to meet growing water demands.

Exchange rates
Libyan dinars per US dollar - 1.305 (2004), 1.2929 (2003), 1.2707 (2002), 0.6051 (2001), 0.5122 (2000)
Exchange rates > 2001 0.6051 [209th of 214]
Exchange rates > 2002 1.2707 [176th of 214]
Exchange rates > 2003 1.2929 [174th of 213]
Exchange rates > 2004 1.305 [169th of 211]
Exchange rates > 2005 1.3084 [170th of 212]
Exchange rates > A note
Libya devalued its official rate for foreign trade on 1 January 2002 to 21.30 dinars per US dollar; the previous official rate was 0.63 dinar per US dollar (Dec 2001)
Exchange rates > Recent years
Libyan dinars per US dollar - 1.3084 (2005), 1.305 (2004), 1.2929 (2003), 1.2707 (2002), 0.6051 (2001)
Exchange rates to USD 1.2604
Exchange rates to USD > 2002 1.2707
Exchange rates to USD > 2003 1.2929
Exchange rates to USD > 2004 1.305
Exchange rates to USD > 2005 1.3084
Exchange rates to USD > 2006 1.3108
Export quantum/quantity index 94.57 % [94th of 110]
Export value index 205.1 % [3rd of 110]
Exports $42,970,000,000.00 [53rd of 189]
Exports (per $ GDP) $0.67 per $1 of GDP [14th of 173]
Exports (per capita) $7,117.88 per capita [35th of 186]
Exports > Commodities
crude oil, refined petroleum products
Exports > Partners
Italy 40.5%, Germany 12.2%, US 7.4%, Spain 7.4%, France 6.3%
Exports as a capacity to import > constant LCU 2763386000
Exports of goods and services > % of GDP 47.63 % [51st of 180]
Exports of goods and services > annual % growth -1.44 % [62nd of 155]
Exports of goods and services > BoP, current US$ 29,383,000,000 BoP $ [51st of 156]
Exports of goods and services > BoP, current US$ (per $ GDP) 0.758 BoP $ per $1 of GDP [14th of 177]
Exports of goods and services > BoP, current US$ (per capita) 5,019.773 BoP $ per capita [45th of 179]
Exports of goods and services > constant LCU 1717000000
Exports of goods and services > current LCU 11645000000
Exports of goods and services > current US$ 9,164,384,000 $ [65th of 178]
Exports of goods and services > current US$ (per $ GDP) 0.476 $ per $1 of GDP [51st of 186]
Exports of goods and services > current US$ (per capita) 1,660.475 $ per capita [59th of 186]
Exports of goods and services as % of GDP 35.56 [88th of 164]
Exports of goods, services and income > BoP, current US$ 31,220,000,000 BoP $ [51st of 156]
Exports of goods, services and income > BoP, current US$ (per $ GDP) 0.806 BoP $ per $1 of GDP [17th of 177]
Exports of goods, services and income > BoP, current US$ (per capita) 5,333.605 BoP $ per capita [46th of 179]
exports per capita > Exports per capita, US$ 5,260 [33rd of 151]
Exports to US $0.00 [224th of 224]
Exports to US (per $ GDP) $0.00 per $100 [210th of 213]
Exports to US (per capita) $0.00 per person [210th of 211]
External balance on goods and services > % of GDP 11.36 % [19th of 181]
External balance on goods and services > constant LCU -288000000
External balance on goods and services > current LCU 2777000000
External balance on goods and services > current US$ 2,185,444,000 $ [36th of 179]
External balance on goods and services > current US$ (per $ GDP) 113.583 $ per $1,000 of GDP [19th of 187]
External balance on goods and services > current US$ (per capita) 395.976 $ per capita [30th of 187]
external debt > Date of information 2006 est.
Final consumption expenditure > constant LCU 3222000000
Final consumption expenditure > current LCU 18016000000
Final consumption expenditure > current US$ 14,178,240,000 $ [60th of 141]
Final consumption expenditure > current US$ (per $ GDP) 0.737 $ per $1 of GDP [110th of 154]
Final consumption expenditure > current US$ (per capita) 2,568.925 $ per capita [56th of 154]
Final consumption expenditure, etc. > % of GDP 74.63 % [128th of 172]
Final consumption expenditure, etc. > annual % growth -2.93 % [88th of 142]
Final consumption expenditure, etc. > constant LCU 3919800000
Final consumption expenditure, etc. > current LCU 18246000000
Final consumption expenditure, etc. > current US$ 14,359,240,000 $ [70th of 170]
Final consumption expenditure, etc. > current US$ (per $ GDP) 0.746 $ per $1 of GDP [130th of 182]
Final consumption expenditure, etc. > current US$ (per capita) 2,601.72 $ per capita [62nd of 182]
Fiscal year calendar year
Foreign direct investment, net > BoP, current US$ 910,000,000 BoP $ [44th of 152]
Foreign direct investment, net > BoP, current US$ (per $ GDP) 23.48 BoP $ per $1,000 of GDP [64th of 175]
Foreign direct investment, net > BoP, current US$ (per capita) 155.464 BoP $ per capita [42nd of 176]
Foreign direct investment, net outflows > % of GDP 0.33 % [55th of 97]
GDP $50,319,730,000.00 [56th of 203]
GDP (official exchange rate) $57,060,000,000.00 [65th of 192]
GDP (official exchange rate) (per capita) $9,451.85 per capita [55th of 192]
GDP (per capita) $8,435.53 per capita [43rd of 201]
GDP (purchasing power parity) $74,720,000,000.00 [74th of 187]
GDP (purchasing power parity) (per capita) $12,377.18 per capita [63rd of 186]
GDP > CIA Factbook $35,000,000,000.00 [85th of 192]
GDP > CIA Factbook (per capita) $6,218.17 per capita [78th of 183]
GDP > Composition by sector > Agriculture 2% [121st of 146]
GDP > Composition by sector > Industry 83.1% [2nd of 146]
GDP > Composition by sector > Services 14.8% [137th of 146]
GDP > constant 2000 US$ 43,997,800,000 constant 2000 US$ [57th of 186]
GDP > constant 2000 US$ (per capita) 7,516.556 constant 2000 US$ per c [37th of 187]
GDP > constant LCU 18219000000
GDP > current LCU 50693000000
GDP > Real growth rate 5.8% [86th of 198]
GDP deflator 278.24 [54th of 188]
GDP growth > annual % 3.53 annual % [108th of 187]
GDP growth > Duration 1975-2000 -6.7% [145th of 149]
GDP per capita > constant 2000 US$ 7,516.56 constant 2000 US$ [37th of 182]
GDP per capita > constant LCU 3112.52
GDP per capita growth > annual % 1.53 annual % [120th of 183]
GDP sector composition > Indus. 51.3 % [15th of 196]
GDP sector composition > Serv. 41.4 % [154th of 196]
GNI > current LCU 49555000000
GNI > current US$ 37,886,090,000 $ [59th of 183]
GNI > current US$ (per $ GDP) 0.978 $ per $1 of GDP [88th of 194]
GNI > current US$ (per capita) 6,472.435 $ per capita [46th of 196]
GNI, Atlas method > current US$ 32,353,740,000 $ [62nd of 180]
GNI, Atlas method > current US$ (per $ GDP) 0.835 $ per $1 of GDP [148th of 191]
GNI, Atlas method > current US$ (per capita) 5,527.292 $ per capita [46th of 191]
Goods exports > BoP, current US$ 28,849,000,000 BoP $ [45th of 156]
Goods exports > BoP, current US$ (per $ GDP) 0.744 BoP $ per $1 of GDP [7th of 177]
Goods exports > BoP, current US$ (per capita) 4,928.545 BoP $ per capita [35th of 179]
Goods imports > BoP, current US$ 11,174,000,000 BoP $ [62nd of 156]
Goods imports > BoP, current US$ (per $ GDP) 0.288 BoP $ per $1 of GDP [91st of 177]
Goods imports > BoP, current US$ (per capita) 1,908.959 BoP $ per capita [64th of 179]
Gross capital formation > annual % growth -17.03 % [89th of 143]
Gross capital formation > constant LCU 984000000
Gross capital formation > current LCU 3426000000
Gross capital formation > current US$ 2,696,194,000 $ [76th of 171]
Gross capital formation > current US$ (per $ GDP) 0.14 $ per $1 of GDP [154th of 182]
Gross capital formation > current US$ (per capita) 488.518 $ per capita [76th of 182]
Gross domestic income > constant LCU 5662185000
Gross domestic product per barrel > Data > GDP/Barrel > bbl/day 236,000 [47th of 176]
Gross domestic product per barrel > Data > GDP/Barrel > GDP/bbl 325.3 [159th of 176]
Gross domestic savings > constant LCU 1742390000
Gross domestic savings > current LCU 6203000000
Gross domestic savings > current US$ 4,881,638,000 $ [66th of 170]
Gross domestic savings > current US$ (per $ GDP) 253.712 $ per $1,000 of GDP [40th of 182]
Gross domestic savings > current US$ (per capita) 884.493 $ per capita [55th of 182]
Gross fixed capital formation > current LCU 3366000000
Gross fixed capital formation > current US$ 2,648,975,000 $ [76th of 171]
Gross fixed capital formation > current US$ (per $ GDP) 0.138 $ per $1 of GDP [151st of 182]
Gross fixed capital formation > current US$ (per capita) 479.962 $ per capita [72nd of 182]
Gross national expenditure > constant LCU 4903800000
Gross national expenditure > current LCU 21672000000
Gross national expenditure > current US$ 17,055,430,000 $ [73rd of 170]
Gross national expenditure > current US$ (per $ GDP) 0.886 $ per $1 of GDP [151st of 182]
Gross national expenditure > current US$ (per capita) 3,090.237 $ per capita [65th of 182]
Gross National Income $0.00 [173rd of 172]
Gross National Income (per $ GDP) $0.00 per $100 [170th of 170]
Gross National Income (per capita) $0.00 per person [172nd of 172]
Gross national income > constant LCU 5541088000
Gross private capital flows > % of GDP 7.94 % [95th of 154]
Gross savings > % of GNI 28.89 % of GNI [12th of 162]
Gross savings > current LCU 2399800000
Gross savings > current US$ 8,105,981,000 $ [32nd of 161]
Gross savings > current US$ (per $ GDP) 281.303 $ per $1 of GDP [33rd of 172]
Gross savings > current US$ (per capita) 2,318.478 $ per capita [11th of 172]
Gross value added at factor cost > constant LCU 4168400000
Gross value added at factor cost > current LCU 6782900000
Gross value added at factor cost > current US$ 23,026,290,000 $ [45th of 162]
Gross value added at factor cost > current US$ (per $ GDP) 0.994 $ per $1 of GDP [31st of 175]
Gross value added at factor cost > current US$ (per capita) 5,716.848 $ per capita [27th of 175]
Household final consumption expenditure > annual % growth -6.46 % [104th of 147]
Household final consumption expenditure > constant LCU 1811000000
Household final consumption expenditure > current LCU 13939000000
Household final consumption expenditure > current US$ 10,969,720,000 $ [74th of 168]
Household final consumption expenditure > current US$ (per $ GDP) 0.57 $ per $1 of GDP [126th of 182]
Household final consumption expenditure > current US$ (per capita) 1,987.58 $ per capita [63rd of 182]
Household final consumption expenditure, etc. > % of GDP 57.95 % [122nd of 169]
Household final consumption expenditure, etc. > annual % growth -0.17 % [62nd of 138]
Household final consumption expenditure, etc. > constant LCU 2508800000
Household final consumption expenditure, etc. > current LCU 14169000000
Household final consumption expenditure, etc. > current US$ 11,150,720,000 $ [74th of 168]
Household final consumption expenditure, etc. > current US$ (per $ GDP) 0.58 $ per $1 of GDP [124th of 181]
Household final consumption expenditure, etc. > current US$ (per capita) 2,020.375 $ per capita [63rd of 181]
Human Development Index 0.799 [58th of 178]
Import quantum/quantity index 213.85 % [2nd of 105]
Import value index 249.49 % [2nd of 109]
Imports $14,430,000,000.00 [73rd of 185]
Imports (per $ GDP) $0.24 per $1 of GDP [129th of 168]
Imports (per capita) $2,390.29 per capita [60th of 185]
Imports > Commodities
machinery, transport equipment, food, manufactured goods
Imports > Partners
Italy 18.9%, Germany 7.7%, China 7.3%, Tunisia 6.8%, France 5.7%, Turkey 5.4%, US 4.3%
Imports from US $18,300,000.00 [116th of 224]
Imports from US (per $ GDP) $0.05 per $100 [162nd of 213]
Imports from US (per capita) $3.17 per person [132nd of 211]
Imports of goods and services > annual % growth -11.83 % [90th of 155]
Imports of goods and services > BoP, current US$ 13,523,000,000 BoP $ [64th of 156]
Imports of goods and services > BoP, current US$ (per $ GDP) 0.349 BoP $ per $1 of GDP [93rd of 177]
Imports of goods and services > BoP, current US$ (per capita) 2,310.261 BoP $ per capita [66th of 179]
Imports of goods and services > constant LCU 2005000000
Imports of goods and services > current LCU 8868000000
Imports of goods and services > current US$ 6,978,940,000 $ [74th of 178]
Imports of goods and services > current US$ (per $ GDP) 0.363 $ per $1 of GDP [104th of 185]
Imports of goods and services > current US$ (per capita) 1,264.499 $ per capita [66th of 185]
Imports of goods and services as % of GDP 15.46 [158th of 164]
Imports of goods, services and income > BoP, current US$ 15,641,000,000 BoP $ [63rd of 156]
Imports of goods, services and income > BoP, current US$ (per $ GDP) 0.404 BoP $ per $1 of GDP [93rd of 177]
Imports of goods, services and income > BoP, current US$ (per capita) 2,672.098 BoP $ per capita [65th of 179]
Income payments > BoP, current US$ 2,118,000,000 BoP $ [56th of 156]
Income payments > BoP, current US$ (per $ GDP) 54.649 BoP $ per $1,000 of GDP [59th of 176]
Income payments > BoP, current US$ (per capita) 361.838 BoP $ per capita [55th of 178]
Income receipts > BoP, current US$ 1,837,000,000 BoP $ [45th of 154]
Income receipts > BoP, current US$ (per $ GDP) 47.399 BoP $ per $1,000 of GDP [32nd of 176]
Income receipts > BoP, current US$ (per capita) 313.832 BoP $ per capita [43rd of 178]
Industrial production growth rate 5.6% [66th of 147]
Industries
petroleum, iron and steel, food processing, textiles, handicrafts, cement
Inflation > Duration 1970-1979 5.5
Inflation > Duration 2000-2003 -1.8
Inflation rate (consumer prices) 6.3% [75th of 192]
Inflation, consumer prices > annual % -2.21 annual % [158th of 164]
Inflation, GDP deflator > annual % 24.39 annual % [8th of 186]
Insurance and financial services > % of commercial service exports 10.26 % [10th of 143]
Insurance and financial services > % of commercial service imports 8.46 % [40th of 147]
Interest rate spread > lending rate minus deposit rate 4 % [109th of 150]
International tourism, expenditures > % of total imports 7.39 % [46th of 128]
International tourism, expenditures > current US$ 789,000,000 $ [56th of 138]
International tourism, expenditures > current US$ (per $ GDP) 26.159 $ per $1,000 of GDP [66th of 157]
International tourism, expenditures > current US$ (per capita) 137.453 $ per capita [56th of 157]
International tourism, number of arrivals 149,000 [135th of 190]
International tourism, number of departures 650,000 [57th of 103]
International tourism, receipts > % of total exports 1.46 % [114th of 129]
International tourism, receipts > current US$ 261,000,000 $ [99th of 148]
International tourism, receipts > current US$ (per $ GDP) 8.653 $ per $1,000 of GDP [115th of 160]
International tourism, receipts > current US$ (per capita) 45.469 $ per capita [90th of 164]
Investment (gross fixed) 8.8 % of GDP [143rd of 146]
Lending interest rate > % 6.12 % [121st of 156]
Liquid liabilities (M3) as % of GDP 32.45 [109th of 164]
Merchandise exports > current US$ 30,110,000,000 $ [50th of 193]
Merchandise exports > current US$ (per $ GDP) 0.777 $ per $1,000 of GDP [9th of 187]
Merchandise exports > current US$ (per capita) 5,143.973 $ per capita [44th of 193]
Merchandise imports > current US$ 7,000,000,000 $ [85th of 192]
Merchandise imports > current US$ (per $ GDP) 0.181 $ per $1 of GDP [161st of 187]
Merchandise imports > current US$ (per capita) 1,195.876 $ per capita [94th of 192]
Merchandise trade > % of GDP 95.75 % [41st of 183]
Money > current LCU 13383900000
Money and quasi money (M2) as % of GDP 28.81 [109th of 163]
Money and quasi money (M2) to total reserves ratio 0.3 [155th of 160]
Money and quasi money > M2 > current LCU 16452000000
Money and quasi money growth > annual % 29.01 annual % [29th of 164]
Net barter terms of trade 185.89 % [2nd of 109]
Net current transfers > BoP, current US$ -634,000,000 BoP $ [112nd of 156]
Net current transfers > BoP, current US$ (per $ GDP) -16.359 BoP $ per $1,000 of GDP [122nd of 177]
Net current transfers > BoP, current US$ (per capita) -108.312 BoP $ per capita [116th of 179]
Net domestic credit > current LCU -25706400000
Net errors and omissions, adjusted > BoP, current US$ 73,698,420 BoP $ [47th of 156]
Net errors and omissions, adjusted > BoP, current US$ (per $ GDP) 1,901,594,871.105 BoP $ per $1,000 of GDP [53rd of 177]
Net errors and omissions, adjusted > BoP, current US$ (per capita) 12,590,590,988.019 BoP $ per capita [51st of 178]
Net foreign assets > current LCU 56421150000
Net income > BoP, current US$ -281,000,000 BoP $ [71st of 156]
Net income > BoP, current US$ (per $ GDP) -7.25 BoP $ per $1,000 of GDP [39th of 176]
Net income > BoP, current US$ (per capita) -48.006 BoP $ per capita [66th of 178]
Net income from abroad > constant LCU 52899800
Net income from abroad > current LCU -1138000000
Net income from abroad > current US$ -870,030,600 $ [121st of 180]
Net income from abroad > current US$ (per $ GDP) -22.449 $ per $1,000 of GDP [88th of 191]
Net income from abroad > current US$ (per capita) -148.635 $ per 1,000 people [124th of 191]
Net trade in goods > BoP, current US$ 17,675,000,000 BoP $ [19th of 156]
Net trade in goods > BoP, current US$ (per $ GDP) 456.057 BoP $ per $1,000 of GDP [3rd of 177]
Net trade in goods > BoP, current US$ (per capita) 3,019.586 BoP $ per capita [8th of 179]
Net trade in goods and services > BoP, current US$ 15,860,000,000 BoP $ [20th of 156]
Net trade in goods and services > BoP, current US$ (per $ GDP) 409.226 BoP $ per $1,000 of GDP [1st of 177]
Net trade in goods and services > BoP, current US$ (per capita) 2,709.512 BoP $ per capita [14th of 179]
Official development assistance and official aid > current US$ 24,440,000 $ [128th of 172]
Official development assistance and official aid > current US$ (per $ GDP) 0.631 $ per $1 million of GDP [125th of 168]
Official development assistance and official aid > current US$ (per capita) 4.175 $ per 1,000 people [125th of 173]
Population below poverty line 7.4% [26th of 46]
Population below poverty line (per $ GDP) 254.13 % per $1 trillion of GD [106th of 135]
Portfolio investment, excluding LCFAR > BoP, current US$ -393,000,000 BoP $ [58th of 135]
Portfolio investment, excluding LCFAR > BoP, current US$ (per $ GDP) -10.14 BoP $ per $1,000 of GDP [45th of 155]
Portfolio investment, excluding LCFAR > BoP, current US$ (per capita) -67,139.869 BoP $ per 1,000 people [60th of 155]
Public debt 4.7 % of GDP [117th of 121]
Quasi money > current LCU 3068100000
Quasi-liquid liabilities > % of GDP 6.05 % [146th of 164]
Real interest rate > % -14.69 % [128th of 152]
Research and development personnel 361 per million people [54th of 88]
Research and development personnel (per $ GDP) 0.096318 per million people per $ [33rd of 87]
Research and development personnel (per capita) 62.6084 per million people per 1 [40th of 88]
Researchers in R&D > per million people 361.49 per million people [38th of 54]
Reserves of foreign exchange and gold $79,600,000,000.00 [16th of 149]
Reserves of foreign exchange and gold (per $ GDP) $1,182.04 per 1,000 $ of GDP [1st of 148]
Reserves of foreign exchange and gold (per capita) $13,185.54 per capita [4th of 149]
Risk premium on lending > % 0.58 % [71st of 82]
Royalty and license fees, receipts > BoP, current US$ 10,000,000 BoP $ [46th of 91]
Royalty and license fees, receipts > BoP, current US$ (per $ GDP) 519.727 BoP $ per $1 million of [44th of 121]
Royalty and license fees, receipts > BoP, current US$ (per capita) 1,811.878 BoP $ per 1,000 people [43rd of 123]
Service exports > BoP, current US$ 534,000,000 BoP $ [100th of 156]
Service exports > BoP, current US$ (per $ GDP) 13.778 BoP $ per $1,000 of GDP [128th of 177]
Service exports > BoP, current US$ (per capita) 91.228 BoP $ per capita [99th of 179]
Service imports > BoP, current US$ 2,349,000,000 BoP $ [65th of 156]
Service imports > BoP, current US$ (per $ GDP) 0.061 BoP $ per $1,000 of GDP [99th of 177]
Service imports > BoP, current US$ (per capita) 401.302 BoP $ per capita [72nd of 179]
Services, etc., value added > annual % growth -1.16 % [108th of 164]
Services, etc., value added > constant LCU 2012000000
Services, etc., value added > current LCU 3031400000
Services, etc., value added > current US$ 10,290,860,000 $ [50th of 172]
Services, etc., value added > current US$ (per $ GDP) 0.444 $ per $1 of GDP [106th of 181]
Services, etc., value added > current US$ (per capita) 2,554.961 $ per capita [39th of 181]
Stock of direct foreign investment > Abroad $3,333,000,000.00 [50th of 75]
Stock of direct foreign investment > At home $6,286,000,000.00 [73rd of 81]
Stock of money $18,040,000,000.00 [43rd of 164]
Stock of quasi money $3,192,000,000.00 [89th of 165]
Terms of trade 50 [84th of 104]
Terms of trade adjustment > constant LCU 1046386000
Total reserves > includes gold, current US$ 41,879,960,000 $ [23rd of 178]
Total reserves > includes gold, current US$ (per $ GDP) 1,080.603 $ per $1,000 of GDP [1st of 182]
Total reserves > includes gold, current US$ (per capita) 7,154.746 $ per capita [7th of 184]
Total reserves in months of imports 32.13 [1st of 152]
Total reserves minus gold > current US$ 39,507,850,000 $ [19th of 178]
Total reserves minus gold > current US$ (per $ GDP) 1,019.397 $ per $1,000 of GDP [1st of 182]
Total reserves minus gold > current US$ (per capita) 6,749.496 $ per capita [6th of 184]
Tourism expenditures, international $789,000,000.00 [55th of 159]
Tourism expenditures, international (per $ GDP) $25.87 per $1,000 of GDP [53rd of 153]
Tourism expenditures, international (per capita) $137.45 per capita [50th of 154]
Tourism receipts, international $301,000,000.00 [111st of 187]
Tourism receipts, international (per $ GDP) $7.22 per $1,000 of GDP [137th of 180]
Tourism receipts, international (per capita) $51.42 per capita [117th of 184]
Tourist arrivals 50,000 [131st of 152]
Tourist arrivals (per capita) 8.67152 per 1,000 people [131st of 152]
Tourist arrivals by region of origin > Africa 482,704 [10th of 142]
Tourist arrivals by region of origin > Americas 2,201 [164th of 191]
Tourist arrivals by region of origin > Asia, East and South East/Oceania 6,942 [114th of 172]
Tourist arrivals by region of origin > Europe 45,657 [132nd of 195]
Tourist arrivals by region of origin > Region not specified 11 [145th of 151]
Tourist arrivals by region of origin > Southern Asia 3,704 [62nd of 102]
Tourist arrivals by region of origin > Total 999,343 [78th of 198]
Tourist arrivals by region of origin > Western Asia 458,124 [10th of 115]
Trade > % of GDP 83.9 % [78th of 180]
Trade balance with US $18,300,000.00 [35th of 224]
Trade balance with US (per $ GDP) $0.05 per $100 [71st of 213]
Trade balance with US (per capita) $3.17 per person [53rd of 211]
Trade in goods 62.01 [74th of 169]
Trade in services > % of GDP 7.44 % [121st of 154]
Trade with US > US exports of agric farming-unmanufactured 368 [92nd of 181]
Trade with US > US exports of agricultural machinery, equipment 285 [125th of 188]
Trade with US > US exports of bakery products 57 [116th of 183]
Trade with US > US exports of books, printed matter 4 [184th of 206]
Trade with US > US exports of business machines and equipment 5 [168th of 194]
Trade with US > US exports of chemicals-other 9 [187th of 206]
Trade with US > US exports of computer accessories 161 [166th of 211]
Trade with US > US exports of computers 48 [174th of 206]
Trade with US > US exports of corn 5,885 [47th of 171]
Trade with US > US exports of drilling & oilfield equipment 12,428 [49th of 194]
Trade with US > US exports of electric apparatus 373 [135th of 207]
Trade with US > US exports of excavating machinery 102 [154th of 198]
Trade with US > US exports of finished metal shapes 150 [148th of 204]
Trade with US > US exports of furniture, household goods, etc 55 [144th of 202]
Trade with US > US exports of generators, accessories 9 [167th of 202]
Trade with US > US exports of household appliances 4 [183rd of 202]
Trade with US > US exports of industrial engines 117 [149th of 207]
Trade with US > US exports of industrial machines, other 677 [134th of 213]
Trade with US > US exports of jewelry, etc 14 [144th of 184]
Trade with US > US exports of laboratory testing instruments 66 [151st of 206]
Trade with US > US exports of logs and lumber 34 [124th of 178]
Trade with US > US exports of manmade cloth 27 [139th of 182]
Trade with US > US exports of marine engines, parts 27 [130th of 190]
Trade with US > US exports of materials handling equipment 169 [150th of 202]
Trade with US > US exports of measuring, testing, control instruments 1,244 [109th of 209]
Trade with US > US exports of medicinal equipment 2,246 [96th of 209]
Trade with US > US exports of metalworking machine tools 19 [151st of 197]
Trade with US > US exports of mineral supplies-manufactured 3 [160th of 181]
Trade with US > US exports of minimum value shipments 441 [161st of 210]
Trade with US > US exports of newsprint 77 [129th of 195]
Trade with US > US exports of nonagricultural foods, etc 5 [130th of 163]
Trade with US > US exports of nonferrous metals, other 7 [112nd of 155]
Trade with US > US exports of nuclear fuel materials 197 [55th of 132]
Trade with US > US exports of nuts 568 [74th of 156]
Trade with US > US exports of oilseeds, food oils 0 [172nd of 175]
Trade with US > US exports of other foods 517 [138th of 206]
Trade with US > US exports of other household goods 1,100 [103rd of 209]
Trade with US > US exports of other industrial supplies 0 [207th of 209]
Trade with US > US exports of parts for military-type goods 40 [110th of 178]
Trade with US > US exports of parts-civilian aircraft 3 [192nd of 206]
Trade with US > US exports of pharmaceutical preparations 2,143 [101st of 207]
Trade with US > US exports of photo, service industry machinery 37 [176th of 210]
Trade with US > US exports of pulp and paper machinery 14 [148th of 195]
Trade with US > US exports of records, tapes, and disks 17 [157th of 199]
Trade with US > US exports of rice 278 [88th of 173]
Trade with US > US exports of specialized mining 3,699 [23rd of 160]
Trade with US > US exports of tapes, audio and visual 5 [126th of 173]
Trade with US > US exports of telecommunications equipment 19 [198th of 211]
Trade with US > US exports of toysgamessporting goods 15 [175th of 207]
Trade with US > US exports of vegetables 34 [152nd of 194]
Trade with US > US exports of wheat 4,984 [68th of 153]
Trade with US > US imports of coal and related fuels 16,754 [13th of 79]
Trade with US > US imports of crude 285,598 [24th of 58]
Trade with US > US imports of fertilizers, pesticides, and insecticides 16,658 [35th of 96]
Trade with US > US imports of fuel oil 12,571 [53rd of 87]

 

SOURCES World Development Indicators database; Wikipedia; List of African countries by GDP per capita ; CIA World Factbook, 28 July 2005; All CIA World Factbooks 18 December 2003 to 18 December 2008; The Heritage Foundation; CIA World Factbook, 22 August 2006 ; CIA World Factbook, December 2003; CIA World Factbook, 14 June, 2007 ; ; Wikipedia; List of countries by exports per capita ; US Census Bureau; Wikipedia; List of countries by external debt ; World Development Indicators database and CIA World Factbook; World Bank. 2002. Correspondence on GDP per capita annual growth rates. March. Washington, DC; Wikipedia; List of countries by GDP sector composition ; Wikipedia; Gross domestic product per barrel ; Human Development Report 2006, United Nations Development Programme; IMF, World Economic Outlook databases; IMF, World Economic Outlook Database; World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC; aggregates calculated for the Human Development Report Office by the World Bank; calculated on the basis of data on terms of trade from World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC; Source; World Tourism Organization Statistics Database and Yearbook | United Nations World Tourism Organization; United Nations World Statistics Pocketbook and Statistical Yearbook; FTDWebMaster, Foreign Trade Division, U.S. Census Bureau

ALTERNATIVE NAMES
Libya, Great Socialist People's Libyan Arab Jamahiriya, Al Jumahiriyah al Arabiyah al Libiyah ash Shabiyah al Ishtirakiyah al Uzma, libyan arab jamahiriya, the libyan arab jamahiriya

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