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

IndicatorValuePeriodSource
Real GDP growth15.9%2025 (estimate)IMF WEO
Inflation, average consumer prices1.8%2025 (estimate)IMF WEO
GDP, current pricesUS$44.7bn2025 (estimate)IMF WEO
GDP per capita, current pricesUS$5,9982025 (estimate)IMF WEO
General government gross debt153.8%2025 (estimate)IMF WEO
Government net lending (+) / borrowing (-)-30.5%2025 (estimate)IMF WEO
Current account balance1.1%2025 (estimate)IMF WEO
Population7.5 million2025World Bank WDI
Population growth1.04%2025World Bank WDI
Urban population87.9%2025World Bank WDI
Unemployment (modelled ILO estimate)18.8%2025World Bank WDI
Foreign direct investment, net inflows1.7%2025World Bank WDI
Official exchange rate (period average)5.3 LCU per USD2025World Bank WDI
Trade (exports plus imports)137.7%2025World Bank WDI
Bank lending interest rate6%2014World Bank WDI
Domestic credit to the private sector12.5%2025World Bank WDI
Internet users82%2024World Bank WDI
Mobile subscriptions193 per 100 people2022World Bank WDI
Fixed broadband subscriptions4.52 per 100 people2022World Bank WDI
Access to electricity77.4%2024World Bank WDI
Renewable share of final energy consumption3.1%2021World Bank WDI
Oil rents56.4%2021World Bank WDI
Fuel exports94.4%2019World Bank WDI
Mineral rents0%2021World Bank WDI
Ores and metals exports0.7%2019World Bank WDI
Agriculture, forestry and fishing, value added1.5%2025World Bank WDI
Employment in agriculture10%2025World Bank WDI
Manufacturing, value added2.8%2017World Bank WDI
Industry (including construction), value added73.2%2025World Bank WDI
Services, value added26.9%2025World Bank WDI
Political stability and absence of violence33.432025World Bank WGI
Regulatory quality26.862025World Bank WGI
Rule of law31.462025World Bank WGI
Control of corruption17.172025World Bank WGI
Government effectiveness21.862025World 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

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

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.