Exchange Rate Home >> Country Info >> Libya
Libya |
|
|
|
|
Introduction
|
Back To Top
|
Background:
The Italians supplanted the Ottoman Turks in the area around Tripoli in 1911 and did not relinquish their hold until 1943 when defeated in World War II. Libya then passed to UN administration and achieved independence in 1951. Following a 1969 military coup, Col. Muammar Abu Minyar al-QADHAFI began to espouse his own political system, the Third Universal Theory. The system is a combination of socialism and Islam derived in part from tribal practices and is supposed to be implemented by the Libyan people themselves in a unique form of "direct democracy." QADHAFI has always seen himself as a revolutionary and visionary leader. He used oil funds during the 1970s and 1980s to promote his ideology outside Libya, supporting subversives and terrorists abroad to hasten the end of Marxism and capitalism. In addition, beginning in 1973, he engaged in military operations in northern Chad's Aozou Strip - to gain access to minerals and to use as a base of influence in Chadian politics - but was forced to retreat in 1987. UN sanctions in 1992 isolated QADHAFI politically following the downing of Pan AM Flight 103 over Lockerbie, Scotland. During the 1990s, QADHAFI began to rebuild his relationships with Europe. UN sanctions were suspended in April 1999 and finally lifted in September 2003 after Libya accepted responsibility for the Lockerbie bombing. In December 2003, Libya announced that it had agreed to reveal and end its programs to develop weapons of mass destruction and to renounce terrorism. QADHAFI has made significant strides in normalizing relations with Western nations since then. He has received various Western European leaders as well as many working-level and commercial delegations, and made his first trip to Western Europe in 15 years when he traveled to Brussels in April 2004. Libya has responded in good faith to legal cases brought against it in US courts for terrorist acts that predate its renunciation of violence. The US rescinded Libya's designation as a state sponsor of terrorism in June 2006. In August 2008, Tripoli agreed to pay compensation to all American victims of Libyan terrorist acts, including the Lockerbie bombing, the LaBelle disco bombing, and the UTA 772 bombing. In 2008, Libya assumed a nonpermanent seat on the United Nations Security Council for the 2008/09 term.
|
Geography
|
Back To Top
|
Freshwater withdrawal (domestic/industrial/agricultural):
total: 4.27 cu km/yr (14%/3%/83%) per capita: 730 cu m/yr (2000)
Total renewable water resources:
0.6 cu km (1997)
Land boundaries:
total: 4,348 km border countries: Algeria 982 km, Chad 1,055 km, Egypt 1,115 km, Niger 354 km, Sudan 383 km, Tunisia 459 km
Environment - international agreements:
party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Marine Dumping, Ozone Layer Protection, Ship Pollution, Wetlands signed, but not ratified: Law of the Sea
Climate:
Mediterranean along coast; dry, extreme desert interior
Map references:
Africa
Geographic coordinates:
25 00 N, 17 00 E
Natural resources:
petroleum, natural gas, gypsum
Elevation extremes:
lowest point: Sabkhat Ghuzayyil -47 m highest point: Bikku Bitti 2,267 m
Terrain:
mostly barren, flat to undulating plains, plateaus, depressions
Geography - note:
more than 90% of the country is desert or semidesert
Area:
total: 1,759,540 sq km land: 1,759,540 sq km water: 0 sq km
Location:
Northern Africa, bordering the Mediterranean Sea, between Egypt and Tunisia
Coastline:
1,770 km
Area - comparative:
slightly larger than Alaska
Irrigated land:
4,700 sq km (2003)
Environment - current issues:
desertification; limited natural fresh water resources; the Great Manmade River Project, the largest water development scheme in the world, is being built to bring water from large aquifers under the Sahara to coastal cities
Maritime claims:
territorial sea: 12 nm note: Gulf of Sidra closing line - 32 degrees, 30 minutes north exclusive fishing zone: 62 nm
Natural hazards:
hot, dry, dust-laden ghibli is a southern wind lasting one to four days in spring and fall; dust storms, sandstorms
Land use:
arable land: 1.03% permanent crops: 0.19% other: 98.78% (2005)
|
People
|
Back To Top
|
Total fertility rate:
3.15 children born/woman (2008 est.)
Sex ratio:
at birth: 1.05 male(s)/female under 15 years: 1.04 male(s)/female 15-64 years: 1.06 male(s)/female 65 years and over: 0.96 male(s)/female total population: 1.05 male(s)/female (2008 est.)
HIV/AIDS - adult prevalence rate:
0.3% (2001 est.)
HIV/AIDS - people living with HIV/AIDS:
10,000 (2001 est.)
Life expectancy at birth:
total population: 77.07 years male: 74.81 years female: 79.44 years (2008 est.)
Literacy:
definition: age 15 and over can read and write total population: 82.6% male: 92.4% female: 72% (2003 est.)
Net migration rate:
NA (2008 est.)
Ethnic groups:
Berber and Arab 97%, other 3% (includes Greeks, Maltese, Italians, Egyptians, Pakistanis, Turks, Indians, and Tunisians)
Median age:
total: 23.6 years male: 23.7 years female: 23.5 years (2008 est.)
Population:
6,173,579 note: includes 166,510 non-nationals (July 2008 est.)
Education expenditures:
2.7% of GDP (1999)
Population growth rate:
2.216% (2008 est.)
Languages:
Arabic, Italian, English, all are widely understood in the major cities
Death rate:
3.46 deaths/1,000 population (2008 est.)
Infant mortality rate:
total: 21.94 deaths/1,000 live births male: 24.14 deaths/1,000 live births female: 19.63 deaths/1,000 live births (2008 est.)
HIV/AIDS - deaths:
NA
School life expectancy (primary to tertiary education):
total: 17 years male: 16 years female: 17 years (2003)
Age structure:
0-14 years: 33.2% (male 1,046,400/female 1,002,148) 15-64 years: 62.6% (male 1,988,038/female 1,875,034) 65 years and over: 4.2% (male 128,386/female 133,573) (2008 est.)
Birth rate:
25.62 births/1,000 population (2008 est.)
Religions:
Sunni Muslim 97%, other 3%
Nationality:
noun: Libyan(s) adjective: Libyan
|
Government
|
Back To Top
|
Diplomatic representation from the US:
chief of mission: Ambassador (designate) Gene A. CRETZ embassy: off Jaraba Street, behind the Libyan-Swiss clinic, Ben Ashour mailing address: US Embassy, 8850 Tripoli Place, Washington, DC 20521-8850 telephone: [218] 91-220-3239
National holiday:
Revolution Day, 1 September (1969)
Suffrage:
18 years of age; universal and compulsory
Government type:
Jamahiriya (a state of the masses) in theory, governed by the populace through local councils; in practice, an authoritarian state
Political pressure groups and leaders:
other: Arab nationalist movements; anti-QADHAFI Libyan exile Movement; Islamic elements
Diplomatic representation in the US:
chief of mission: Ambassador Ali Suleiman AUJALI chancery: 2600 Virginia Avenue NW, Suite 705, Washington, DC 20037 telephone: [1] (202) 944-9601 FAX: [1] (202) 944-9060
International organization participation:
ABEDA, AfDB, AFESD, AMF, AMU, AU, CAEU, COMESA, FAO, G-77, IAEA, IBRD, ICAO, ICRM, IDA, IDB, IFAD, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, LAS, MIGA, NAM, OAPEC, OIC, OPCW, OPEC, PCA, UN, UN Security Council (temporary), UNAMID, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WTO (observer)
Legislative branch:
unicameral General People's Congress (approximately 2,700 seats; members elected indirectly through a hierarchy of people's committees)
Legal system:
based on Italian and French civil law systems and Islamic law; separate religious courts; no constitutional provision for judicial review of legislative acts; has not accepted compulsory ICJ jurisdiction
Flag description:
plain green; green is the traditional color of Islam (the state religion)
Independence:
24 December 1951 (from UN trusteeship)
Country name (Goverment):
conventional long form: Great Socialist People's Libyan Arab Jamahiriya conventional short form: Libya local long form: Al Jumahiriyah al Arabiyah al Libiyah ash Shabiyah al Ishtirakiyah al Uzma local short form: none
Political parties and leaders:
none
Capital:
name: Tripoli geographic coordinates: 32 53 N, 13 10 E time difference: UTC+2 (7 hours ahead of Washington, DC during Standard Time)
Constitution:
none; note - following the September 1969 military overthrow of the Libyan government, the Revolutionary Command Council replaced the existing constitution with the Constitutional Proclamation in December 1969; in March 1977, Libya adopted the Declaration of the Establishment of the People's Authority
Executive branch:
chief of state: Revolutionary Leader Col. Muammar Abu Minyar al-QADHAFI (since 1 September 1969); note - holds no official title, but is de facto chief of state head of government: Secretary of the General People's Committee (Prime Minister) al-Baghdadi Ali al-MAHMUDI (since 5 March 2006) cabinet: General People's Committee established by the General People's Congress elections: national elections are indirect through a hierarchy of people's committees; head of government elected by the General People's Congress; election last held March 2006 (next to be held NA) election results: NA
Administrative divisions:
25 municipalities (baladiyat, singular - baladiyah); Ajdabiya, Al 'Aziziyah, Al Fatih, Al Jabal al Akhdar, Al Jufrah, Al Khums, Al Kufrah, An Nuqat al Khams, Ash Shati', Awbari, Az Zawiyah, Banghazi, Darnah, Ghadamis, Gharyan, Misratah, Murzuq, Sabha, Sawfajjin, Surt, Tarabulus, Tarhunah, Tubruq, Yafran, Zlitan; note - the 25 municipalities may have been replaced by 13 regions
Judicial branch:
Supreme Court
|
Economy
|
Back To Top
|
Exports - partners:
Italy 40.5%, Germany 12.2%, US 7.4%, Spain 7.4%, France 6.3% (2007)
Electricity - consumption:
20.71 billion kWh (2006 est.)
Central bank discount rate:
4% (31 December 2007)
Electricity - imports:
0 kWh (2007 est.)
Current account balance:
$43.33 billion (2008 est.)
Debt - external:
$5.521 billion (31 December 2008 est.)
Unemployment rate:
30% (2004 est.)
Oil - exports:
1.455 million bbl/day (2005)
GDP - per capita (PPP):
$14,900 (2008 est.)
Investment (gross fixed):
8.1% of GDP (2008 est.)
Stock of domestic credit:
NA
GDP (purchasing power parity):
$92.01 billion (2008 est.)
GDP (official exchange rate):
$108.5 billion (2008 est.)
Exchange rates:
Libyan dinars (LYD) per US dollar - 1.2112 (2008 est.), 1.2604 (2007), 1.3108 (2006), 1.3084 (2005), 1.305 (2004)
GDP - real growth rate:
7.3% (2008 est.)
Stock of money:
$18.04 billion (31 December 2007)
Labor force:
1.916 million (2008 est.)
Imports - partners:
Italy 18.9%, Germany 7.7%, China 7.3%, Tunisia 6.8%, France 5.7%, Turkey 5.4%, US 4.3% (2007)
Inflation rate (consumer prices):
10.5% (2008 est.)
GDP - composition by sector:
agriculture: 1.5% industry: 61.7% services: 36.8% (2008 est.)
Oil - imports:
575.3 bbl/day (2005)
Exports:
$66.13 billion f.o.b. (2008 est.)
Natural gas - consumption:
6.39 billion cu m (2006 est.)
Currency (code):
Libyan dinar (LYD)
Economy - overview:
The Libyan economy depends primarily upon revenues from the oil sector, which contribute about 95% of export earnings, about one-quarter of GDP, and 60% of public sector wages. The expected weakness in world hydrocarbon prices throughout 2009 will reduce Libyan government tax income and limit Libyan economic growth in 2009. Substantial revenues from the energy sector coupled with a small population give Libya one of the highest per capita GDPs in Africa, but little of this income flows down to the lower orders of society. Libyan officials in the past five years have made progress on economic reforms as part of a broader campaign to reintegrate the country into the international fold. This effort picked up steam after UN sanctions were lifted in September 2003 and as Libya announced in December 2003 that it would abandon programs to build weapons of mass destruction. All US unilateral sanctions against Libya were removed by late-2008, helping Libya attract more foreign direct investment, mostly in the energy sector. Libyan oil and gas licensing rounds continue to draw high international interest; the National Oil Company set a goal of nearly doubling oil production to 3 million bbl/day by 2015. Libya faces a long road ahead in liberalizing the socialist-oriented economy, but initial steps - including applying for WTO membership, reducing some subsidies, and announcing plans for privatization - are laying the groundwork for a transition to a more market-based economy. The non-oil manufacturing and construction sectors, which account for more than 20% of GDP, have expanded from processing mostly agricultural products to include the production of petrochemicals, iron, steel, and aluminum. Climatic conditions and poor soils severely limit agricultural output, and Libya imports about 75% of its food. Libya's primary agricultural water source remains the Great Manmade River Project, but significant resources are being invested in desalinization research to meet growing water demands.
Natural gas - exports:
9.9 billion cu m (2007 est.)
Imports - commodities:
machinery, semi-finished goods, food, transport equipment, consumer products
Industries:
petroleum, iron and steel, food processing, textiles, handicrafts, cement
Electricity - exports:
0 kWh (2007 est.)
Population below poverty line:
7.4% (2005 est.)
Commercial bank prime lending rate:
6% (31 December 2007)
Stock of quasi money:
$3.192 billion (31 December 2007)
Electricity - production:
23.98 billion kWh (2007 est.)
Imports:
$20.64 billion f.o.b. (2008 est.)
Oil - proved reserves:
41.46 billion bbl (1 January 2008 est.)
Labor force - by occupation:
agriculture: 17% industry: 23% services: 59% (2004 est.)
Natural gas - proved reserves:
1.419 trillion cu m (1 January 2008 est.)
Reserves of foreign exchange and gold:
$99.45 billion (31 December 2008 est.)
Oil - consumption:
278,700 bbl/day (2006 est.)
Stock of direct foreign investment - abroad:
$4.783 billion (2008 est.)
Public debt:
3.6% of GDP (2008 est.)
Stock of direct foreign investment - at home:
$8.736 billion (2008 est.)
Market value of publicly traded shares:
$NA
Currency code:
LYD
Household income or consumption by percentage share:
lowest 10%: NA% highest 10%: NA%
Exports - commodities:
crude oil, refined petroleum products, natural gas, chemicals
Economic aid - recipient:
ODA, $24.44 million (2005 est.)
Electricity - production by source:
fossil fuel: 100% hydro: 0% nuclear: 0% other: 0% (2001)
Natural gas - imports:
0 cu m (2007 est.)
Natural gas - production:
14.8 billion cu m (2006 est.)
Budget:
revenues: $56.35 billion expenditures: $29.12 billion (2008 est.)
Fiscal year:
calendar year
Oil - production:
1.845 million bbl/day (2007 est.)
|
Communications
|
Back To Top
|
Internet users:
260,000 (2006)
Telephones - main lines in use:
852,300 (2005)
Televisions:
730,000 (1997)
Internet country code:
.ly
Radio broadcast stations:
AM 16, FM 3, shortwave 3 (2001)
Radios:
1.35 million (1997)
Telephones - mobile cellular:
4.5 million (2007)
Television broadcast stations:
12 (plus 1 repeater) (1999)
Telephone system:
general assessment: telecommunications system is being modernized; mobile cellular telephone system became operational in 1996; combined fixed line and mobile telephone density approached 90 telephones per 100 persons in 2007 domestic: microwave radio relay, coaxial cable, cellular, tropospheric scatter, and a domestic satellite system with 14 earth stations international: country code - 218; satellite earth stations - 4 Intelsat, NA Arabsat, and NA Intersputnik; submarine cables to France and Italy; microwave radio relay to Tunisia and Egypt; tropospheric scatter to Greece; participant in Medarabtel (2007)
Internet Service Providers (ISPs):
1 (2002)
Internet hosts:
31 (2008)
|
Transportation
|
Back To Top
|
Pipelines:
condensate 882 km; gas 3,425 km; oil 6,956 km (2007)
Railways:
0 km note: Libya has announced plans to build seven lines totaling 2,757 km of 1.435-m gauge track (2006)
Ports and terminals:
As Sidrah, Az Zuwaytinah, Marsa al Burayqah, Ra's Lanuf, Tripoli, Zawiyah
Heliports:
2 (2007)
Merchant marine:
total: 17 by type: cargo 9, liquefied gas 3, petroleum tanker 4, roll on/roll off 1 foreign-owned: 4 (Kuwait 1, Norway 1, Syria 2) registered in other countries: 3 (Malta 3) (2008)
Airports - with paved runways:
total: 60 over 3,047 m: 23 2,438 to 3,047 m: 6 1,524 to 2,437 m: 23 914 to 1,523 m: 6 under 914 m: 2 (2007)
Roadways:
total: 100,024 km paved: 57,214 km unpaved: 42,810 km (2003)
Airports - with unpaved runways:
total: 81 over 3,047 m: 5 2,438 to 3,047 m: 2 1,524 to 2,437 m: 15 914 to 1,523 m: 41 under 914 m: 18 (2007)
Airports:
141 (2007)
|
Military
|
Back To Top
|
Military service age and obligation:
17 years of age (2004)
Manpower available for military service:
males age 16-49: 1,682,183 females age 16-49: 1,611,001 (2008 est.)
Manpower fit for military service:
males age 16-49: 1,439,941 females age 16-49: 1,381,914 (2008 est.)
Military branches:
Armed Peoples on Duty (APOD, Army), Libyan Arab Navy, Libyan Arab Air Force (Al-Quwwat al-Jawwiya al-Jamahiriya al-Arabia al-Libyya, LAAF) (2008)
Manpower reaching militarily significant age annually:
male: 61,305 female: 58,788 (2008 est.)
Military expenditures:
3.9% of GDP (2005 est.)
|
Transnational Issues
|
Back To Top
|
Disputes - international:
Libya has claimed more than 32,000 sq km in southeastern Algeria and about 25,000 sq km in the Tommo region of Niger in a currently dormant dispute; various Chadian rebels from the Aozou region reside in southern Libya
Refugees and internally displaced persons:
refugees (country of origin): 8,000 (Palestinian Territories) (2007)
Trafficking in persons:
current situation: Libya is a transit and destination country for men and women from sub-Saharan Africa and Asia trafficked for the purposes of forced labor and commercial sexual exploitation tier rating: Tier 2 Watch List - Libya is on the Tier 2 Watch List for its failure to provide evidence of increasing efforts to address trafficking in persons in 2007 when compared to 2006, particularly in the area of investigating and prosecuting trafficking offenses; Libya did not publicly release any data on investigations or punishment of any trafficking offenses (2008)
|
Got something to say on this page? Feel free to
Please limit your comments to discussions about
the subject matter of the content. To report bugs or problems with the ExchangeRate.com web site, please use our contact form here.
Thank You!
|