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Libya FlagLibya

He Who Searches For Pearls Should Not Sleep.

 

General


Population: 6,597,960 (2011)
Land Area: 1,759,540 sq km
Natural Resources: Petroleum, natural gas, gypsum
Capital: Tripoli
Political System: Jamahiriya (State of the masses), Authoritarian State
State Leader: Mustafa Abd al-Jalil (2011)
Head of Government:Abd al-Rahim al-Keeb (2011)
Languages: Arabic, Italian, English
Currency: Libyan Dinar (LYD)
Major Religions: Sunni Muslim 97%, Other 3%
Major Ethnicities: Berber and Arab 97%, Other 3%
Life Expectancy: 77.65 years (2011)

Economy


GDP Official Exchange Rate: 77.91 billion (2010)
GDP Purchasing Power Parity: 89.03 billion (2010)
GDP Per Capita (PPP): 13,800 (2010)
GDP Growth Rate: 3.3% (2010)
GDP Structure: Agriculture 2.6%, industry 63.8%, Services 33.6% (2010)
Labour Force By Occupation: Agriculture 17%, Industry 23%, Services 59% (2004)
Industries: Petroleum, iron and steel, food processing, textiles, handicrafts, cement
Agriculture Products: Wheat, barley, olives, dates, citrus, vegetables, peanuts, soybeans; cattle
Human Development Index: 0.760 (64th)
Tourism Revenue: 261 million (2004)
Unemployment Rate: 30% (2004)

MilitaryLibya Map


Army Size: 76 000 (2004)
Budget: 3.9% of GDP (2005)

Current Situation

 

Libya is located in North Africa. Libya is bordered by Algeria, Chad, Egypt, Niger, Sudan and Tunisia. Libya's economy relies mainly on oil exports. Lybia has in the last decade opened up itself to the capitalist world economy and is cutting subsidies and undertaking privatizations.

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Sources

CIA World Factbook: Libya
Wikipedia: Libya
http://hdrstats.undp.org/en/countries/profiles/LBY.html

Updated on: December 23, 2011