Africa · Northern Africa

Libya

State of Libya · World’s #102 economy

Nominal GDP 2025
$48.1 billion
Population 2025
7.5 million
GDP per capita
$6,449
GDP growth 2025
13.4%
Flag of Libya

Overview

Official name
State of Libya
Capital
Tripoli
Region
Africa · Northern Africa
Area
1,759,540 km²
Coordinates
25.00, 17.00
Languages
Arabic
Currency
Libyan dinar (LYD ل.د)
Calling code · domain
+218 · .ly
ISO codes
LY / LBY
Borders
Algeria Chad Egypt Niger Sudan Tunisia

Map

Burkina Faso · $27.6 billion Cameroon · $58.9 billion Cyprus · $41.2 billion Algeria · $287 billion Egypt · $365 billion Eritrea · $2.07 billion Spain · $1.91 trillion Ethiopia · $126 billion Greece · $281 billion Israel · $611 billion Iraq · $254 billion Italy · $2.55 trillion Jordan · $61.6 billion Lebanon · $26.0 billion Libya · $48.1 billion Morocco · $182 billion Mali · $30.1 billion Malta · $27.8 billion Niger · $21.6 billion Nigeria · $291 billion Palestine · $17.2 billion Saudi Arabia · $1.28 trillion Sudan · $60.2 billion Syria · $23.7 billion Chad · $21.5 billion Tunisia · $57.5 billion Türkiye · $1.60 trillion
Click a neighbouring country to open its profile. Illustrative map; not a statement on borders.

Demographics

Population7.5 million2025
Population growth1.04%2025
Urban population87.9%2025
Population density4.2 people/km²2023
Life expectancy71.1 years2024
Adult literacy60.2%1984

Age structure (2025)

0–14: 26.8%15–64: 68.0%65+: 5.2%

Macroeconomy

Nominal GDP$48.1 billion2025
Real GDP growth13.4%2025
GDP per capita$6,4492025
GDP per capita (PPP)$14,3042024
GNI (PPP)$128 billion2025
Inflation (CPI)1.8%2025
Unemployment18.8%2025
Industry, % of GDP73.2%2025
Exports, % of GDP71.7%2025
Imports, % of GDP65.9%2025
Merchandise exports$30.1 billion2025
Merchandise imports$19.3 billion2025
FDI net inflows$795 million2023

Libya ranks #102 in the world by nominal GDP (2025). Full ranking →

Business environment & logistics (micro)

Logistics Performance Index1.90 / 52022
Import clearance time4.0 days2016
Total tax rate (% of profit)32.6%2017
Land area1,759,540 km²2023

The Logistics Performance Index (LPI) and import clearance time are published by the World Bank per survey round; total tax rate comes from the discontinued Doing Business data (2020).

Provinces, states & regions (22)

Popularate: 22

  • Al Buţnān LY-BU
  • Al Jabal al Akhḑar LY-JA
  • Al Jabal al Gharbī LY-JG
  • Al Jafārah LY-JI
  • Al Jufrah LY-JU
  • Al Kufrah LY-KF
  • Al Marj LY-MJ
  • Al Marqab LY-MB
  • Al Wāḩāt LY-WA
  • An Nuqāţ al Khams LY-NQ
  • Az Zāwiyah LY-ZA
  • Banghāzī LY-BA
  • Darnah LY-DR
  • Ghāt LY-GT
  • Mişrātah LY-MI
  • Murzuq LY-MQ
  • Nālūt LY-NL
  • Sabhā LY-SB
  • Surt LY-SR
  • Wādī al Ḩayāt LY-WD
  • Wādī ash Shāţi’ LY-WS
  • Ţarābulus LY-TB

Source: ISO 3166-2 (Debian iso-codes)

Seaports & logistics

PortHarbour sizeHarbour typeCargo pier depthTEU
Banghazi LYBENMediumcoastal (breakwater)12.5 m—
Mina Tarabulus (Tripoli) LYTIPMediumcoastal (breakwater)11.0 m—
Mersa Tobruq LYTOBSmallcoastal (breakwater)17.1 m—
Al Burayqah LYMBRSmallcoastal (breakwater)11.0 m—
Az Zawiya LYZAWSmallopen roadstead——
As Sidr LYESIVery smallopen roadstead23.2 m—
Ez Zueitina LYZUEVery smallopen roadstead18.6 m—
Ras Lanuf LYRLAVery smallopen roadstead15.5 m—
Khoms LYKHMVery smallcoastal (natural)12.5 m—
Misratah LYMISVery smallopen roadstead12.5 m—
Darnah LYDRXVery smallcoastal (breakwater)9.4 m—
Abu Khammash LYABKVery smallcoastal (natural)7.9 m—

14 ports of this country in the World Port Index, ranked by scale (container throughput, harbour size, depth).

All 14 ports →

International shipping →

FTAs & trade blocs

Vietnam has no FTA with Libya: MFN rates apply (if a WTO member).

Trade agreements in force (5)

Libya is party to 5 regional/bilateral trade agreements in force (per the WTO). Agreements with a “Preferential rates” button are FTAs that Vietnam is also party to.

AgreementType / coverageIn forcePartners
COMESA - Accession of Tunisia CU
Goods
19 Jun 2019 BurundiComorosDR CongoEthiopiaEritreaDjiboutiKenyaMadagascarMalawiMauritius +10
COMESA - Accession of Seychelles CU
Goods
11 May 2009 BurundiComorosDR CongoEthiopiaEritreaDjiboutiKenyaMadagascarMalawiMauritius +10
COMESA - Accession of Egypt CU
Goods
17 Feb 1999 BurundiComorosDR CongoEthiopiaEritreaDjiboutiKenyaMadagascarMalawiMauritius +8
Pan-Arab Free Trade Area (PAFTA) FTA
Goods
1 Jan 1998 BahrainIraqJordanKuwaitLebanonMoroccoOmanQatarSaudi ArabiaSudan +5
Global System of Trade Preferences among Developing Countries (GSTP) PSA
Goods
19 Apr 1989 AlgeriaArgentinaBangladeshBoliviaBrazilMyanmarCameroonSri LankaChileColombia +31

Source: WTO Regional Trade Agreements Database (retrieved 14 Oct 2026) plus additional agreements maintained by the administrator. Lists agreements notified to the WTO and in force.

Import regulations

Look up the importing country's duties, technical rules and procedures on the Global Trade Helpdesk (ITC/UNCTAD/WTO), Market Access Map (ITC) and WTO Tariff & Trade Data. Check Vietnam's FTAs with the importing country for preferential rates with valid proof of origin.

Global Trade Helpdesk ↗Market Access Map ↗WTO Tariff & Trade Data ↗

Sourcing from Vietnam

Buyers in Libya can find Vietnamese suppliers by industry, in the factory directory and at international exhibitions in Vietnam:

Steel & steel structure manufacturing →International exhibitions in VietnamContact

Data: World Bank WDI (CC BY 4.0); mledoze/world-countries (ODbL); i18n-iso-countries (MIT); ISO 3166-2 – Debian iso-codes (LGPL); NGA World Port Index 2019; map @svg-maps/world (CC BY 4.0); flags flag-icons (MIT). For reference only.