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Analysis by Region - Africa - Libya

Publisher Oxford Economics
Published Jun 20, 2025
Length 6 Pages
SKU # OFE20204891

Description

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.

Table of Contents

6 Pages
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

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