Welcome to the Projecting Libya in the Global Economy.
The Economy of Libya is centrally planned. It depends primarily upon revenues from the petroleum sector, which contributes practically all export earnings and over half of GDP. These oil revenues and a small population have given Libya the highest nominal per capita GDP in Africa. Since 2000, Libya has recorded favourable growth rates with an estimated 10.6% growth of GDP in 2010.
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Latest Activity: Jul 30, 2012