ned technicians have undermined the government's ability to
implement a number of planned infrastructure development projects.
Windfall profits from the hike in world oil prices in late 1990 improved
the foreign payments position and may permit Tripoli to ease austerity
measures. The nonoil industrial and construction sectors, which account
for about 22% of GDP, have expanded from processing mostly agricultural
products to include petrochemicals, iron, steel, and aluminum. Although
agriculture accounts for less than 5% of GNP, it employs 18% of the labor
force. Climatic conditions and poor soils severely limit farm output,
requiring Libya to import about 75% of its food requirements.
_#_GNP: $24 billion, per capita $5,860; real growth rate 3% (1989
est.)
_#_Inflation rate (consumer prices): 20% (1988 est.)
_#_Unemployment rate: 2% (1988 est.)
_#_Budget: revenues $8.1 billion; expenditures $9.8 billion, including
capital expenditures of $3.1 billion (1989 est.)
_#_Exports: $6.1 billion (f.o.b., 1989 est.);
commodities--petroleum, peanuts, hides;
partners--Italy, USSR, FRG, Spain, France, Belgium/Luxembourg,
Turkey
_#_Imports: $6.2 billion (f.o.b., 1989 est.);
commodities--machinery, transport equipment, food, manufactured
goods;
partners--Italy, USSR, FRG, UK, Japan
_#_External debt: $3.5 billion, excluding military debt (December
1990 est.)
_#_Industrial production: growth rate NA%; accounts for 43% of GDP
(including oil)
_#_Electricity: 4,705,000 kW capacity; 13,600 million kWh produced,
3,220 kWh per capita (1990)
_#_Industries: petroleum, food processing, textiles, handicrafts,
cement
_#_Agriculture: 5% of GNP; cash crops--wheat, barley, olives, dates,
citrus fruits, peanuts; 75% of food is imported
_#_Economic aid: Western (non-US) countries, ODA and OOF bilateral
commitments (1970-87), $242 million; no longer a recipient
_#_Currency: Libyan dinar (plural--dinars);
1 Libyan dinar (LD) = 1,000 dirhams
_#_Exchange rates: Libyan dinars (LD) per US$1--0.2669 (January 1991),
0.2699 (1990), 0.2922 (1989), 0.2853 (1988), 0.2706 (1987), 0.3139
(1986), 0.2961 (1985)
_#_Fiscal year: calendar year
_*_Communications
_#_Highways: 32,500 km total; 24,000 km bituminous and bituminous
treated, 8,500 km gravel, crushed stone and earth
_#_Pipelines: crude oil 4,383 km; natural gas 1,947 km; refined
products 443 km (includes 256 km liquid petroleum ga
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