my. The non-oil manufacturing and
construction sectors, which account for about 20% of GDP, have
expanded from processing mostly agricultural products to include the
production of petrochemicals, iron, steel, and aluminum. Climatic
conditions and poor soils severely limit agricultural output, and
Libya imports about 75% of its food.

GDP:
purchasing power parity - $35 billion (2003 est.)

GDP - real growth rate:
3.2% (2003 est.)

GDP - per capita:
purchasing power parity - $6,400 (2003 est.)

GDP - composition by sector:
agriculture: 8.6%
industry: 46.1%
services: 45.3% (2003 est.)

Investment (gross fixed):
15% of GDP (2003)

Population below poverty line:
NA

Household income or consumption by percentage share:
lowest 10%: NA
highest 10%: NA

Inflation rate (consumer prices):
2.8% (2003 est.)

Labor force:
1.51 million (2003 est.)

Labor force - by occupation:
agriculture 17%, industry 29%, services 54% (1997 est.)

Unemployment rate:
30% (2001)

Budget:
revenues: $10.28 billion
expenditures: $7.86 billion, including capital expenditures of NA
(2003 est.)

Public debt:
16.6% of GDP (2003)

Agriculture - products:
wheat, barley, olives, dates, citrus, vegetables, peanuts,
soybeans; cattle

Industries:
petroleum, food processing, textiles, handicrafts, cement

Industrial production growth rate:
NA

Electricity - production:
20.18 billion kWh (2001)

Electricity - consumption:
18.77 billion kWh (2001)

Electricity - exports:
0 kWh (2001)

Electricity - imports:
0 kWh (2001)

Oil - production:
1.429 million bbl/day (2001 est.)

Oil - consumption:
216,000 bbl/day (2001 est.)

Oil - exports:
NA (2001)

Oil - imports:
NA (2001)

Oil - proved reserves:
29.75 billion bbl (1 January 2002)

Natural gas - production:
6.18 billion cu m (2001 est.)

Natural gas - consumption:
5.41 billion cu m (2001 est.)

Natural gas - exports:
770 million cu m (2001 est.)

Natural gas - imports:
0 cu m (2001 est.)

Natural gas - proved reserves:
1.321 trillion cu m (1 January 2002)

Current account balance:
$6.641 billion (2003)

Exports:
$14.32 billion f.o.b. (2003 est.)

Exports - commodities:
crude oil, refined petroleum products (1999)

Exports - partners:
Italy 38.8%, Spain 13.4%, Germany 13.4%, Turkey 7.1%, France 6.1%
(2003)

Imports:
$6.282 billion f.o.b. (2003 est.)