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Libya

Libya · LBY · Africa

Risk Score

Critical→ Stable

Risk Factors

Active conflict (structural)

No recent events in pipeline

Overview

A North African country with vast oil reserves, Libya has been plagued by political instability and conflict since 2011, leading to a fragmented governance structure. Its economy is almost entirely dependent on oil and gas, making it highly vulnerable to price fluctuations and security disruptions.

Leadership

Mohamed al-Menfi

Chairman of the Presidential Council

GOVERNMENT: Interim government (parliamentary republic in theory, but highly fragmented)

Abdul Hamid Dbeibeh

Taher Al-Baour

Khaled Al-Mabrouk Abdullah

Economy

GDP

$55.0B

GDP per Capita

$7.5K

GDP Growth

+7.0%

Inflation

7.5%

Unemployment

18.0%

PetroleumNatural GasPetrochemicals

Trade

Key Exports

Crude OilRefined Petroleum ProductsNatural Gas

Key Imports

MachineryTransport EquipmentSemi-finished GoodsFoodstuffsConsumer Products

Top Partners

ItalyGermanyChinaSpainFrance

Headlines (8)

Modern Diplomacy15h ago

Europe’s Southern Flank Is the New Eastern Flank, and It Isn’t Defended Like One

EUROPE SAYS1d ago

Türkiye's East Med leap leaves Tel Aviv cornered: Israeli media

Proto Thema1d ago

Crete cable route will not change due to Turkish Marine Park, see maps

EUROPE SAYS1d ago

Turkish influence over Mediterranean Sea expanding with Libyan agreement

Al Jazeera2d ago

For Libya, the Hormuz crisis can be a trap or an opportunity

riotimesonline13h ago

Congo-Brazzaville Seeks UN Security Council Seat and Rainforest Payments

openpr13h ago

Connected Car Market to Reach US$ 37.6 Billion by 2033 as Robert Bosch GmbH, Continental AG, and Harman International Industries Expand Connectivity Solutions