Total natural resources rents (% of GDP) in Libya
Libya: Total natural resources rents (% of GDP) was 61.0% in 2021. ▲ Rising
Total natural resources rents in Libya, 1990–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for total natural resources rents in Libya is 61.0%, measured in 2021.
The figure is up 431.7% on the previous year and up 62.5% over ten years.
Over the whole period, total natural resources rents in Libya peaked at 66.1% in 2008 and was at its lowest, 11.5%, in 2020.
Libya ranks 1st of 214 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 32 years of available data.
Total natural resources rents (% of GDP) in Libya, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 40.4% | — |
| 1991 | 24.0% | -40.6% |
| 1992 | 23.0% | -4.3% |
| 1993 | 22.9% | -0.3% |
| 1994 | 22.6% | -1.4% |
| 1995 | 27.6% | +22.3% |
| 1996 | 31.9% | +15.5% |
| 1997 | 27.2% | -14.8% |
| 1998 | 18.7% | -31.3% |
| 1999 | 20.2% | +8.1% |
| 2000 | 34.3% | +69.6% |
| 2001 | 30.4% | -11.3% |
| 2002 | 49.6% | +63.3% |
| 2003 | 48.7% | -1.8% |
| 2004 | 55.8% | +14.6% |
| 2005 | 62.3% | +11.6% |
| 2006 | 62.3% | -0.1% |
| 2007 | 61.4% | -1.5% |
| 2008 | 66.1% | +7.6% |
| 2009 | 51.7% | -21.7% |
| 2010 | 56.0% | +8.2% |
| 2011 | 37.6% | -32.9% |
| 2012 | 59.1% | +57.3% |
| 2013 | 47.7% | -19.2% |
| 2014 | 31.0% | -35.0% |
| 2015 | 16.4% | -47.2% |
| 2016 | 12.2% | -25.3% |
| 2017 | 22.2% | +80.9% |
| 2018 | 31.6% | +42.7% |
| 2019 | 34.5% | +9.1% |
| 2020 | 11.5% | -66.7% |
| 2021 | 61.0% | +431.7% |
Libya compared with similar countries
- Libya's 61.0% is above the median for upper middle income countries, which is 1.8%, 33.6× the median. (59 countries reporting)
- Libya's 61.0% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 5.1%, 11.9× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Total natural resources rents (% of GDP) in Libya changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +431.7% | 11.5% | 61.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 25.8% | 18.7% | 40.4% | 10 |
| 2000s | 52.3% | 30.4% | 66.1% | 10 |
| 2010s | 34.8% | 12.2% | 59.1% | 10 |
| 2020s | 36.3% | 11.5% | 61.0% | 2 |
Countries ranked near Libya
More energy & mining data for Libya
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- 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)
- Fuel imports 13.1% (2019)
Frequently asked questions
- What is total natural resources rents in Libya?
- Total natural resources rents in Libya was 61.0% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest total natural resources rents recorded in Libya?
- The highest recorded value was 66.1% in 2008.
- What is the lowest total natural resources rents recorded in Libya?
- The lowest recorded value was 11.5% in 2020.
- How does Libya rank for total natural resources rents?
- Libya ranks 1st out of 214 countries with data for 2021.
- Is total natural resources rents rising or falling in Libya?
- Over the last ten years it is up 62.5%. The long-run trend across the full record is rising.
- Where does this Libya data come from?
- The figures come from The Changing Wealth of Nations, World Bank (WB), published as part of Total natural resources 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
Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.