Libya

Libya (orthographic projection)

We offer a data-driven country report for Libya that explores inter alia population, international trading relationships, energy consumption, GDP growth, current account balances, and R&D investment. Additionally, CFI quotes from the Big Mac Index (courtesy of The Economist) which gives a rough idea of purchasing power parity. Other authoritative sources include The United Nations Conference on Trade and Development, The World Bank, and The International Money Fund. Visit us regularly for updates and new sources of key economic information on Libya.

Its population in 2018 was 6,470,956 [1]

In 2015, 1.97% of its total energy
consumption was renewable [2]

In 2021, its GDP grew by 31.37% [2]

In 2021 it had a positive Current
Account Balance of US$bn 6.99 [3]



What free trade areas or economic unions is it a member of?

Member of the Euro-Mediterranean partnership (EuroMed) since 28/11/1995

Other members:

Algeria, Egypt, Israel, Jordan, Lebanon, Morocco, State of Palestine, Syrian Arab Republic, Türkiye, Tunisia


What trade deals are there between Euro-Mediterranean partnership and other countries and economic unions?

None


What trade deals are there with other countries and economic unions?

Pan-Arab Free Trade Area (from 01/01/1998)


Trade with the United Kingdom

Source: UK Office for National Statistics, October 2019.

Contains public sector information licensed under the Open Government Licence v3.0.