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Libya

Prosperity Summary
115
Current Rank
114
Highest Rank
139
Lowest Rank
125
Average Rank
2021
Largest Climb
2018
Largest Fall
Overall Prosperity

Libya is a transitional government state with a population exceeding 7.1 million. It is dominated by desert plateaus and Mediterranean coastline. The economy is industrialised and heavily oil-dependent with a nominal GDP surpassing $48 billion; crude oil and natural gas dominate exports, while imports include wheat, vehicles, electrical machinery, and processed foods.

Visit our Rankings Table to see how Libya compares to other countries