General profile: Libya

GENERAL INFORMATION FOR 2017
Population
Population
Exchange rates
Exchange rate
GDP
GDP
6.375 Millions
1.394 LYD/US$
61 823 Millions current US$
Land area
Land area ¹
CPI growth (%)
CPI growth
GDP growth
GDP growth
(m) 1 759 540 km²
28.53 %
46.20 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+160.0 %
Merchandise exports growth rate in 2017
Total merchandise trade
(millions of US$)
2005
2010
2015
2017
Merchandise exports
31 358
48 673
(e) 10 200
(e) 15 600
Merchandise imports
6 079
17 674
(e) 13 000
(e) 11 700
Merchandise trade balance
25 279
30 998
(e) -2 800
(e) 3 900
Export structure by product group in 2017
(as % of total exports)
11 %11 %5 %5 %84 %84 %
Top 5 partners in 2017
(exports, millions of US$)
2 5551 8571 7601 4451 3672 5551 8571 7601 4451 367
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services ²
(millions of US$)
2005
2010
2015
2017
Services exports
534
410
483
-
Services imports
2 349
6 127
4 658
-
Services trade balance
-1 815
-5 717
-4 175
-
Services exports by main category ²
(as % of total services)
2005
2010
2015
2017
Transport
21.7
64.0
6.8
-
Travel
46.8
14.6
0.0
-
Other services
31.5
21.4
93.2
-
TRADE INDICES
More data on UNCTADstat
333353539292188188260260818123723718918929929925325323823819819814014010910977778787100100129129202202290290320320272272271271213213162162214214185185168168152152110110979779798989100100335392188260812371892992532381981401097787100129202290320272271213162214185168152110977989100
ECONOMIC TRENDS
More data on UNCTADstat
+46.2 %
Gross domestic product growth rate in 2017
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2017
GDP, current
45 451
80 942
37 367
61 823
GDP per capita, current US$
7 846
13 121
5 993
9 698
Real GDP growth, y-on-y, %
10.29
4.32
-6.09
46.20
Current account balance, % of GDP
32.88
20.76
-53.32
..
Exchange rate (/US$)
1.308
1.267
1.381
1.394
GDP by expenditure in 2016
(as % of total GDP)
36.147.231.738.457.636.147.231.738.457.6
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+0.2 %
FDI outflows as % of GDP in 2017
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2017
FDI inflows
1 038.00
1 909.00
..
..
FDI outflows
128.00
2 722.00
394.80
110.00
Personal remittances, % of GDP
..
..
..
..
Financial flows trends
(millions of US$)
7027021 4251 9091 9093 3103 3103 1803 1803 8503 8502 0642 0641 0381 038357357143143145145-133-1331411417021 9093 3103 1803 8502 0641 038357143145-133141FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators ²
(as % and index)
2005
2010
2015
2017
Balance, % of GDP
34.89
23.05
-26.07
-
Balance, % of imports
117.28
60.80
-46.20
-
Normalized balance
0.370
0.233
-0.300
-
Trade openness ²
(sum of imports and exports as % of GDP)
438718613593859994921079894
LABOUR FORCE
More data on UNCTADstat
Labour force by gender in 2017
(as % of total labour force, all sectors)
Male
70%Male 70%Female
30%Female 30%
OTHER INDICATORS
More data on UNCTADstat
0.114 %
Share of the total world merchant fleet in 2017
Maritime transport indicators
 
2005
2010
2015
2017
Merchant fleet, national flag (thousands of DWT)
100
1 405
1 876
2 124
Liner shipping connectivity index (maximum 2004 = 100 for China)
5.17
5.38
5.93
14.55
Container port throughput (TEU)
..
70 000
456 773
473 793
Information economy indicators
(as % of)
2005
2010
2015
2017
Share of ICT goods, % of total exports
..
..
..
..
Share of ICT goods, % of total imports
..
3.58
..
..
Share of workforce involved in the ICT sector
..
..
..
..
Source: UNCTADstat (http://unctadstat.unctad.org)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
m
Estimated. Data refers to 2013.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
Not available or not separately reported
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on UNCTADstat do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in UNCTADstat.
Generation date: 14 August 2018