Analysis by Region - Africa - Libya

Libya's oil production rose steadily to 1.38 million bpd in April 2025, signalling a recovery despite ongoing political tensions that threaten production stability. Lower inflation and resilient oil production support a cautiously optimistic medium-term outlook, with real GDP forecast to expand by 17.2% in 2025.


Libya: Upward trend in oil output bodes well for growth
Forecast overview
Recent developments
Medium-term outlook
Key drivers of our medium-term forecast
Economic risk
Economic risk evaluation
Background
Economic development
Structure of the economy
Balance of payments
Policy and politics

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings