Country intelligence
Libya
Last updated 15 Nov 2026, 05:19 UTC (sources checked) · figures last changed 15 Nov 2026 · news checked 14 Nov 2026, 16:02 UTC
Partner risk indices
- Country Risk Index
- 58.5
- Political Risk Index
- 52.6
- Short-Term Economic Risk Index
- 47.3
- Long-Term Economic Risk Index
- 60.3
- Operational Risk Index
- 69
Source: Partner Research Partner, as of 8 Nov 2026. 0-100, higher means higher risk.
Key indicators
| Indicator | Value | Period | Source |
|---|---|---|---|
| Real GDP growth | 15.9% | 2025 (estimate) | IMF WEO |
| Inflation, average consumer prices | 1.8% | 2025 (estimate) | IMF WEO |
| GDP, current prices | US$44.7bn | 2025 (estimate) | IMF WEO |
| GDP per capita, current prices | US$5,998 | 2025 (estimate) | IMF WEO |
| General government gross debt | 153.8% | 2025 (estimate) | IMF WEO |
| Government net lending (+) / borrowing (-) | -30.5% | 2025 (estimate) | IMF WEO |
| Current account balance | 1.1% | 2025 (estimate) | IMF WEO |
| Population | 7.5 million | 2025 | World Bank WDI |
| Population growth | 1.04% | 2025 | World Bank WDI |
| Urban population | 87.9% | 2025 | World Bank WDI |
| Unemployment (modelled ILO estimate) | 18.8% | 2025 | World Bank WDI |
| Foreign direct investment, net inflows | 1.7% | 2025 | World Bank WDI |
| Official exchange rate (period average) | 5.3 LCU per USD | 2025 | World Bank WDI |
| Trade (exports plus imports) | 137.7% | 2025 | World Bank WDI |
| Bank lending interest rate | 6% | 2014 | World Bank WDI |
| Domestic credit to the private sector | 12.5% | 2025 | World Bank WDI |
| Internet users | 82% | 2024 | World Bank WDI |
| Mobile subscriptions | 193 per 100 people | 2022 | World Bank WDI |
| Fixed broadband subscriptions | 4.52 per 100 people | 2022 | World Bank WDI |
| Access to electricity | 77.4% | 2024 | World Bank WDI |
| Renewable share of final energy consumption | 3.1% | 2021 | World Bank WDI |
| Oil rents | 56.4% | 2021 | World Bank WDI |
| Fuel exports | 94.4% | 2019 | World Bank WDI |
| Mineral rents | 0% | 2021 | World Bank WDI |
| Ores and metals exports | 0.7% | 2019 | World Bank WDI |
| Agriculture, forestry and fishing, value added | 1.5% | 2025 | World Bank WDI |
| Employment in agriculture | 10% | 2025 | World Bank WDI |
| Manufacturing, value added | 2.8% | 2017 | World Bank WDI |
| Industry (including construction), value added | 73.2% | 2025 | World Bank WDI |
| Services, value added | 26.9% | 2025 | World Bank WDI |
| Political stability and absence of violence | 33.43 | 2025 | World Bank WGI |
| Regulatory quality | 26.86 | 2025 | World Bank WGI |
| Rule of law | 31.46 | 2025 | World Bank WGI |
| Control of corruption | 17.17 | 2025 | World Bank WGI |
| Government effectiveness | 21.86 | 2025 | World Bank WGI |
Market overview
- Libya is in North Africa and is classified by the World Bank as Upper middle income. (World Bank)
- Population: 7.5 million (2025). (World Bank WDI)
- GDP: US$44.7bn in 2025 (estimate). (IMF WEO)
Economic conditions
- Real GDP growth: 15.9% in 2025 (estimate); the IMF projects 3.3% for 2026. (IMF WEO)
- Average consumer price inflation: 1.8% in 2025 (estimate); projected 14.1% for 2026. (IMF WEO)
- General government gross debt: 153.8% of GDP in 2025 (estimate). (IMF WEO)
- Current account balance: 1.1% of GDP in 2025 (estimate). (IMF WEO)
- Government net lending/borrowing: -30.5% of GDP in 2025 (estimate). (IMF WEO)
- Official exchange rate averaged 5.3 local currency units per US dollar in 2025, against 4.81 in 2023: 10.2% more units per dollar (the currency weakened against the dollar). (World Bank WDI)
Key risks
- Partner risk indices (0-100, higher = higher risk), as of 8 Nov 2026: Country Risk Index 58.5 (rank 28 of 53 in Africa, 1 = lowest risk); Political Risk Index 52.6 (rank 30 of 53 in Africa, 1 = lowest risk); Short-Term Economic Risk Index 47.3 (rank 9 of 53 in Africa, 1 = lowest risk); Long-Term Economic Risk Index 60.3 (rank 38 of 53 in Africa, 1 = lowest risk); Operational Risk Index 69 (rank 36 of 53 in Africa, 1 = lowest risk). (Partner Research Partner)
- Highest-scoring Partner risk component: crime and security risk (77.9, operational). (Partner Research Partner)
- World Bank governance scores (2025, 0-100, higher is better): control of corruption 17; government effectiveness 22; political stability and absence of violence 33; rule of law 31; regulatory quality 27. (World Bank WGI)
- Unemployment (modelled ILO estimate): 18.8% of labour force (2025). (World Bank WDI)
Investment considerations
- Foreign direct investment, net inflows: 1.7% of GDP (2025). (World Bank WDI)
- Domestic credit to the private sector: 12.5% of GDP (2025). (World Bank WDI)
- Bank lending interest rate: 6% (2014). (World Bank WDI)
- Trade (exports plus imports): 137.7% of GDP (2025). (World Bank WDI)
- The Meridian holds 31 published records tagged to Libya. (The Meridian)
Sector snapshot
- Energy and power: access to electricity 77.4% of population (2024); renewable share of final energy consumption 3.1% (2021). (World Bank WDI)
- Mining and minerals: mineral rents 0% of GDP (2021); ores and metals exports 0.7% of merchandise exports (2019). (World Bank WDI)
- Financial services: foreign direct investment, net inflows 1.7% of GDP (2025); bank lending interest rate 6% (2014). (World Bank WDI)
- Technology, media and telecoms: internet users 82% of population (2024); mobile subscriptions 193 per 100 people (2022). (World Bank WDI)
- Agriculture: agriculture, forestry and fishing, value added 1.5% of GDP (2025); employment in agriculture 10% of employment (2025). (World Bank WDI)
- Manufacturing and industry: manufacturing, value added 2.8% of GDP (2017); industry (including construction), value added 73.2% of GDP (2025). (World Bank WDI)
- Infrastructure and real estate: urban population 87.9% of population (2025); access to electricity 77.4% of population (2024). (World Bank WDI)
Recent developments
- Libya Signals Tourism Revival with Nationwide Cultural Caravan After Years of Conflict (eturbonews.com, 13 Nov 2026) (GDELT)
- Egypt embassy reopening signals changing approach to Libya (news.az, 9 Nov 2026) (GDELT)
- FM reaffirms Cairo legal position on Turkish - Libyan maritime MoU (egyptindependent.com, 8 Nov 2026) (GDELT)
- Arab News | united kingdom government loses court appeal over Syrian asylum seeker kidnapped in Libya (arabnews.com, 7 Nov 2026) (GDELT)
Data limitations and sources
- Older data, shown with its period and not described as current: Bank lending interest rate (Latest published value is for 2014); Mobile subscriptions (Latest published value is for 2022); Fixed broadband subscriptions (Latest published value is for 2022); Renewable share of final energy consumption (Latest published value is for 2021); Oil rents (Latest published value is for 2021); Fuel exports (Latest published value is for 2019); Mineral rents (Latest published value is for 2021); Ores and metals exports (Latest published value is for 2019); and 1 more.
- IMF figures for the most recent year are IMF estimates and later years are projections. World Bank series typically lag by one to two years. Headlines come from automated news monitoring and are not verified by The Meridian.
- Sources last checked 15 Nov 2026.
Meridian transactions
- AfricInvest Europe invests in Hi-Tech Detection Systems Group (HTDS)
- United Nations Development Programme (UNDP), the Islamic Development Bank (IsDB), and the Islamic Solidarity Fund for Development (ISFD) invest in Osharek for education and development operations in Libya for USD 40k
- The United Nations Development Programme (UNDP), the Islamic Development Bank (IsDB), and the Islamic Solidarity Fund for Development (ISFD) invest in tanmia360’s operations in Niger for USD 10k
- Commercial International Bank’s (CIB) Investment in Elsewedy Electric Power Systems Projects for EURO 58 million
- European Bank for Reconstruction and Development’s (EBRD) Investment in Hassan Allam Holdings’ Operations in Egypt for USD 25m
- Angel Investors’ seed investment into Mataa’s operations in Libya
Economic baseline (World Bank / IMF)
- GDP
- $44.7bn2025
- Real GDP growth
- 15.9%2025
- GDP per capita
- $5,9982025
- Consumer price inflation
- 1.8%2025
- Population
- 7.5m2025
- Current account balance (% of GDP)
- 1.1%2025
- General government gross debt (% of GDP)
- 153.8%2025
Sources: IMF World Economic Outlook via the IMF DataMapper (latest year shown is no later than 2025; recent years may be IMF estimates). Latest available year shown; refreshed weekly. Compare all 54 markets.