Libya World Economy Ranking: 61 stats

Economic indicators provided by The World Bank. Freedom indexes by The Heritage and Cato Institute. Human development data from the United Nations Office of Drugs and Crime.

Gross Domestic Product & Income

Stat	Libya	Rank
GDP	$48.4B	86
GDP growth, 1 year	17.9%	1
GDP growth, 5-years average	1.7%	144
Population	6.7M	107
GDP per capita	$7.2k	91
GDP per capita growth	6.37%	6
Purchasing Power Parity conversion factor	0.48	182
Price level ratio of PPP conversion factor GDP to market exchange rate	0.35	151
GDP per capita, PPP adjusted	$11k	110
GNI, Atlas method	$42.8B	86
GNI per capita	$6.4k	87
GNI, PPP adjusted	$142.5B	76
GNI per capita, PPP adjusted	$21k	62

Financial system and Human development

Stat	Libya	Rank
Income Tax Rate	10%	14
Corporate Tax Rate	N/A	-
Inflation, consumer prices	23.1%	182
Inflation, GDP deflator	15.8%	181
Unemployment	17.3%	180
Economic Freedom Index	47	179
Personal Freedom Index	5.17	179
Human Freedom Index	4.98	182
Property Rights Index	30.1	172
Judical Effectiveness Index	20.8	163
Business Freedom Index	40.7	166
Fiscal Health Index	N/A	-
Labor Freedom Index	53.9	116
Investment Freedom Index	5	175
Financial Freedom Index	N/A	-
Trade Freedom Index	N/A	-
Monetary Freedom Index	53.6	175
Government Spending Index	0	179
Tax Burden Index	N/A	-
Government Integrity Index	18.9	171
Corruption Perceptions Index	17	188
Life expectancy at birth, years	72.5	109
Suicide mortality rate, per 100,000 people	5.2	68
Mortality caused by road traffic injury, per 100,000 people	26.1	158
Intentional homicides, per 100,000 people	2.5	89
International tourism, number of arrivals	142k	163

Government debt & reserves

Stat	Libya	Rank
Central government debt, % of GDP	4.9%	182
External debt stocks, % of GNI	N/A	-
External debt stocks	N/A	-
Short-term debt, % of total reserves	N/A	-
Total debt service, % of exports and primary income	N/A	-
Adjusted net savings including particulate emission damage, % of GNI	35%	3
Gross savings, % of GDP	67.3%	2
Gross capital formation, % of GDP	29.8%	35
Total reserves including gold	$85.3B	25
Foreign direct investment net inflows	$0	177

Exports, imports and economic structure

Stat	Libya	Rank
Exports of goods and services, % of GDP	62.2%	28
Imports of goods and services, % of GDP	40.1%	104
Current account balance (balance of payments)	-$4.7B	158
Revenue excluding grants, % of GDP	N/A	-
Grants excluding technical cooperation, BoP	$268.9M	68
Personal remittances received	$16M	170
Industry including construction value added, % of GDP	77.5%	1
Agriculture, forestry and fishing value added, % of GDP	1.8%	160
Charges for the use of intellectual property, payments BoP	N/A	-
Charges for the use of intellectual property, receipts BoP	$10M	75
Expense, % of GDP	N/A	-
Government Expenditure, % of GDP	105.8%	2