Natural gas rents in Libya
Libya: Natural gas rents was 4.6% in 2021. ◆ Volatile
Natural gas rents in Libya, 1990–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, natural gas rents in Libya stood at 4.6%. That is the highest value across all 32 years on record.
Compared with earlier readings it is up 111.4% on the previous year and up 297.4% over ten years.
Over the whole period, natural gas rents in Libya peaked at 4.6% in 2021 and was at its lowest, 0.5%, in 1999.
Libya ranks 15th of 200 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Natural gas rents in Libya, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 0.6% | — |
| 1991 | 0.6% | -8.8% |
| 1992 | 0.5% | -6.5% |
| 1993 | 0.6% | +8.6% |
| 1994 | 0.7% | +13.3% |
| 1995 | 0.8% | +19.7% |
| 1996 | 0.8% | +1.2% |
| 1997 | 0.8% | -1.1% |
| 1998 | 0.8% | +1.3% |
| 1999 | 0.5% | -43.2% |
| 2000 | 0.6% | +40.3% |
| 2001 | 0.9% | +32.3% |
| 2002 | 1.2% | +36.4% |
| 2003 | 0.8% | -29.9% |
| 2004 | 1.0% | +24.4% |
| 2005 | 1.3% | +26.3% |
| 2006 | 1.3% | +3.5% |
| 2007 | 1.4% | +6.0% |
| 2008 | 1.2% | -14.4% |
| 2009 | 1.8% | +46.5% |
| 2010 | 1.4% | -21.4% |
| 2011 | 1.2% | -17.3% |
| 2012 | 1.4% | +23.7% |
| 2013 | 1.9% | +32.5% |
| 2014 | 2.3% | +21.2% |
| 2015 | 1.9% | -18.6% |
| 2016 | 1.4% | -26.0% |
| 2017 | 1.1% | -17.4% |
| 2018 | 1.5% | +35.4% |
| 2019 | 1.7% | +9.6% |
| 2020 | 2.2% | +28.3% |
| 2021 | 4.6% | +111.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.7% | 0.5% | 0.8% | 10 |
| 2000s | 1.2% | 0.6% | 1.8% | 10 |
| 2010s | 1.6% | 1.1% | 2.3% | 10 |
| 2020s | 3.4% | 2.2% | 4.6% | 2 |
Countries ranked near Libya
More energy & mining data for Libya
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 10.28 % change on previous year (2024)
- Coal consumption, per capita 0 terawatt-hours per person (2024)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per capita 0 terawatt-hours per person (2024)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Fuel imports 13.1% (2019)
Frequently asked questions
- What is natural gas rents in Libya?
- Natural gas rents in Libya was 4.6% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest natural gas rents recorded in Libya?
- The highest recorded value was 4.6% in 2021.
- What is the lowest natural gas rents recorded in Libya?
- The lowest recorded value was 0.5% in 1999.
- How does Libya rank for natural gas rents?
- Libya ranks 15th out of 200 countries with data for 2021.
- Is natural gas rents rising or falling in Libya?
- Over the last ten years it is up 297.4%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from The Changing Wealth of Nations, World Bank (WB), published as part of Natural gas rents (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Natural gas rents are the difference between the value of natural gas production at regional prices and total costs of production.