Libya

Click on each topic for more information
:

Economic Indicators

Economic forecasts - General economic indicators - Investments - Foreign trade

Economic outlook

L'économie de la Libye repose presque entièrement sur la bonne santé du secteur pétrolier qui constitue son principal poste d'exportation (plus de 95% de ses exportations totales). Grâce à cette ressource, la Libye dispose d'un des niveaux de vie les plus élevés en Afrique du Nord. La flambée des cours du pétrole devrait lui permettre de conserver un fort excédent commercial malgré une hausse des importations en 2004. L'excédent devrait permettre à la Libye d'entreprendre les réformes économiques qu'elle souhaite mener, à savoir une libéralisation de plusieurs secteurs d'activité en attirant davantage d'IDE (Investissement Direct à l'Etranger) et une privatisation du secteur public (qui emploie encore aujourd'hui plus de 700 000 personnes).

Economic forecasts

Indicators 2007 2008
GDP (USD billion) 66.005 79.543
GDP (constant prices, annual % change) 9.2 6.9
GDP per capita (USD) 10 840 12 809
Inflation rate (consumer prices, annual % change) 16.2 6.9

Source : IMF - World Economic Outlook Database

General economic indicators

Indicators 2004 2005 2006
GDP (USD billion)(1) 30.475 41.685 50.445
GDP (constants prices, annual % change)(1) 5 6.3 5.6
GPD per capita (USD)(1) 5309.074 7120.647 8449.194
Inflation (consumer prices, annual % change)(1) -2.2 2 3.4
Unemployment rate (%)(2)
External debt (USD billion)(3) .. .. ..
Official exchange rate per USD (period average)(3) 1.304966 1.308385 1.313572

Source : (1) IMF - World Economic Outlook Database,
(2) ILO - Key Indicators of the Labour Market, (3) World Bank - World Development Indicators

GDP per activity sector 2004 2005 2006

Source : World Bank - World Development Indicators

Investments

Foreign Direct Investments 2004 2005 2006 World rank (*)
2006
FDI inflows (USD million) 357 1,038 1,734 81/141

Source : UNCTAD - World Investment Report
Note : (*) World Rank = UNCTAD Inward FDI Performance Index.
It is a measure of the extend to which a host country receives inward FDI relative to its economic size.
It is calculated as a ratio of the country's share in global FDI inflows to its share in global GDP.

Foreign Trade

General indicators

Indicators (USD billion) 2004 2005 2006
Imports of goods 8.77 11.17
Exports of goods 17.43 28.85
Trade balance 8.66 17.68
Current account 3.50 14.95

Source : World Bank - World Development Indicators

Indicators (%) 2004 2005 2006
Share of foreign trade in GDP
Share of imports of goods and services in GDP
Share of exports of goods and services in GDP
Imports of goods and services (annual % change)
Exports of goods and services (annual % change)

Source : World Bank - World Development Indicators

Trade in goods/services by major category

2005 Imports Exports
Total Trade in Goods (USD billion): 11.17 28.85
Agricultural raw materials 0.6 ..
Food products 16.8 ..
Hydrocarbons 0.7 ..
Manufactured products (chemicals, machines,...) 81.1 ..
Ores and metals 0.9 ..

Source : World Bank - World Development Indicators

2005 Imports Exports
Total Trade in Services (USD billion): 1.6 0.4
Transport 40.2 17.9
Tourism 37.6 62.1

Source : World Bank - World Development Indicators

Trade Data, by HS Code
Import Statistics Export Statistics

Source : www.intracen.org, last available data

Trade by partner countries

Main Customers
(% of exports)
 
Main suppliers
(% of imports)
 
Italy 18,30%
Germany 12,50%
Japan 12,00%
Rep. of Korea 8,30%

Source : Comtrade, 2004.

Export Entreprises SA
Last update : January 2008
Next update : October 2008