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Coles Economy of Libya at Bayshore Shopping Centre in Ottawa, ON
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This book about the economy of Libya from the 1970s to the 2010s. Source data from UN Data.
Size. In the 2010s, the GDP of Libya was equal to $44.7 billion per year; the value of industry was $27.9 billion. Since the share in the world is between .01% and .1%, the country is classified as a small economy.
Productivity. In the 2010s, the GDP per capita was $6 952.3, the value of industry per capita was $4 327.3. Since the productivity is between the average of below average and the average, the economy is classified as developing.
Growth. In the 2010s, the growth of gross domestic product was -14.4%; the growth of industry was -17.5%.
Structure. In the 2010s, the economy of Libya consisted of: industry (64.0%), services (23.3%), trade (4.7%), transportation (3.9%), construction (2.8%), and agriculture (1.3%).
Exports and imports. In the 2010s, the exports were 9.7% higher than the imports, the net exports were equal to 6.0% of the GDP. The technological structure of exports is not better than the structure of imports.
Consumption and reproduction. The attitude of reproduction to the consumption is not better than the global average, so the share of GDP in the world will not increase.
This book about the economy of Libya from the 1970s to the 2010s. Source data from UN Data.
Size. In the 2010s, the GDP of Libya was equal to $44.7 billion per year; the value of industry was $27.9 billion. Since the share in the world is between .01% and .1%, the country is classified as a small economy.
Productivity. In the 2010s, the GDP per capita was $6 952.3, the value of industry per capita was $4 327.3. Since the productivity is between the average of below average and the average, the economy is classified as developing.
Growth. In the 2010s, the growth of gross domestic product was -14.4%; the growth of industry was -17.5%.
Structure. In the 2010s, the economy of Libya consisted of: industry (64.0%), services (23.3%), trade (4.7%), transportation (3.9%), construction (2.8%), and agriculture (1.3%).
Exports and imports. In the 2010s, the exports were 9.7% higher than the imports, the net exports were equal to 6.0% of the GDP. The technological structure of exports is not better than the structure of imports.
Consumption and reproduction. The attitude of reproduction to the consumption is not better than the global average, so the share of GDP in the world will not increase.
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