Economy:
| Economy overview: |
|
| GDP: |
purchasing power parity - $35 billion (2003 est.) |
| GDP - real growth rate: |
3.2% (2003 est.) |
| GDP - per capita: |
purchasing power parity - $6,400 (2003 est.) |
| GDP - composition by sector: |
agriculture: 8.6%
industry: 46.1%
services: 45.3% (2003 est.) |
| Investment (gross fixed): |
15% of GDP (2003) |
| Population below poverty line: |
NA |
| Household income or consumption by percentage share: |
lowest 10%: NA
highest 10%: NA
|
| Inflation rate (consumer prices): |
2.8% (2003 est.) |
| Labor force: |
1.51 million (2003 est.) |
| Labor force - by occupation: |
agriculture 17%, industry 29%, services 54% (1997 est.) |
| Agriculture - products: |
wheat, barley, olives, dates, citrus, vegetables, peanuts, soybeans; cattle |
| Industries: |
petroleum, food processing, textiles, handicrafts, cement |
| Electricity - production: |
20.18 billion kWh (2001) |
| Electricity - consumption: |
18.77 billion kWh (2001) |
| Exports - commodities: |
crude oil, refined petroleum products and natural gas |
| Exports - partners: |
Italy 39.2%, Spain 13.6%, Germany 13.5%, Turkey 6.6%, France 6.1% (2003 est.) |
| Imports: |
$6.282 billion f.o.b. (2003 est.) |
| Imports - commodities: |
machinery, transport equipment, food, manufactured goods (1999) |
| Imports - partners: |
Italy 27.2%, Germany 10.3%, Tunisia 7.7%, UK 6.9%, South Korea 6.3%, France 5.8%
(2003 est.) |
| Currency: |
Libyan dinar (LYD) |
| Currency code: |
LYD |
| Exchange rates: |
Libyan dinars per US dollar - 1.2929 (2003) |
| Fiscal year: |
calendar year |
|