Official Name: | Libya |
Sovereign Status: | Sovereign Country |
Government Type: | In Transition |
Official Name (Local Language): | Libya |
ISO Country Codes: | LY : LBY |
Internet Domain: | .ly |
Government Web Site: | http://www.pm.gov.ly/ |
Capital: | Tripoli | Main Airports: | Benina International Airport, Tripoli International Airport |
Language(s): | Arabic; Italian; English | Population: | 7,017,224 |
Currency: | Libyan Dinar | ISO Currency Code: | LYD |
Telephone Dial In: | +218 | ID Prefix: | 00 |
Government Website: | http://www.pm.gov.ly/ |
Sovereign Ratings: | https://countryeconomy.com/ratings/libya |
Central Bank: | Central Bank of Libya |
Currency USD Exchange Rate: | 1.413 Libyan dinars (LYD) per US dollar (2017 est.) |
Unemployment Rate: | 30% (2004 est.) |
Population below poverty line: | NA |
Inflation Rate: | 28.5% (2017 est.) |
Prime Lending Rate: | 6% (2014 - World Bank) |
GDP: | $52.259 billion (2019 est.) |
GDP Pro Capita (PPP): | $15,174 (2019 est.) |
Currency Name: | Libyan Dinar |
Currency Code: | LYD |
World Bank Classification: | Upper Middle Income |
GDP Composition:
Agriculture: | 1.9% | wheat, barley, olives, dates, citrus, vegetables, peanuts, soybeans; cattle |
Industry: | 43.2% | petroleum, petrochemicals, aluminum, iron and steel, food processing, textiles, handicrafts, cement |
Services: | 54.9% |
The World Bank’s World Integrated Trade Solution
Business Language(s): | Arabic; English |
Development Bank(s): | African Development Bank; Islamic Development Bank; |
Competitive Ind’l Performance: N/A | Corruption Perceptions Index: 173/180 (2020) |
Ease of Doing Business: 186/190 (2019) | Enabling Trade Index: N/A |
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World Bank Logistics Performance Index |
Investment Agency: Privatisation and Investment Board ;
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