• Libya


    Libya’s economy is hugely dependent on the nation’s energy sector, which generates about 65% of GDP and 96% of government revenue. Income from the sale of crude oil and natural gas, coupled with a small population, give Libya one of the highest nominal per capita GDPs in Africa. The state sector is large and growing, with the majority of the Libyan workforce receiving a government salary in 2014.

    Name Libya

    Capital Tripoli

    Name of parliament National Transitional Council

    Parliament website www.ntc.gov.ly

    Languages Arabic, Italian, English, Berber

    Area 1 759 540 km2

    Population 6 244 174 (July 2014 est)

    Imports Machinery, semi-finished goods, food, transport equipment, consumer products

    Exports Crude oil, refined petroleum products, natural gas, chemicals

    Currency Libyan dinar

    Source: CIA World Factbook
    Image: Greatstock/Corbis