Oil rents as a share of GDP in Libya 2002-2021

Published by
Saifaddin Galal,
Jun 4, 2025
The average share of GDP generated from oil rents in Libya increased by 47.1 percentage points (+509.74 percent) in 2021. The year 2021 therefore marks a significant change in the average share compared to the previous year.
Oil rents are estimated from the difference between the value of crude oil production at regional prices and the total costs of production. Values are expressed as a share of gross domestic product.

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Oil rents as a percentage of Gross Domestic Product (GDP) in Libya from 2002 to 2021

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Release date

March 2025

Region

Libya

Survey time period

2002 to 2021

Supplementary notes

Figures have been rounded and are estimates.

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