ate the economy. Following the suspension
of UN sanctions in 1999, Libya has been trying to increase its
attractiveness to foreign investors, and several foreign companies
have visited in search of contracts.

GDP: purchasing power parity - $39.3 billion (1999 est.)

GDP - real growth rate: 2% (1999 est.)

GDP - per capita: purchasing power parity - $7,900 (1999 est.)

GDP - composition by sector:
agriculture: 7%
industry: 47%
services: 46% (1997 est.)

Population below poverty line: NA%

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

Inflation rate (consumer prices): 18% (1999 est.)

Labor force: 1.2 million (1997 est.)

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

Unemployment rate: 30% (1998 est.)

Budget:
revenues: $3.6 billion
expenditures: $5.1 billion, including capital expenditures of $NA
(1998 est.)

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

Industrial production growth rate: NA%

Electricity - production: 16.92 billion kWh (1998)

Electricity - production by source:
fossil fuel: 100%
hydro: 0%
nuclear: 0%
other: 0% (1998)

Electricity - consumption: 15.736 billion kWh (1998)

Electricity - exports: 0 kWh (1998)

Electricity - imports: 0 kWh (1998)

Agriculture - products: wheat, barley, olives, dates, citrus,
vegetables, peanuts; beef, eggs

Exports: $6.6 billion (f.o.b., 1998 est.)

Exports - commodities: crude oil, refined petroleum products, natural
gas

Exports - partners: Italy 40%, Germany 17%, Spain 12%, France 4%,
Sudan 4%, UK 3% (1997)

Imports: $7 billion (f.o.b., 1998 est.)

Imports - commodities: machinery, transport equipment, food,
manufactured goods

Imports - partners: Italy 23%, Germany 12%, UK 9%, France 7%, Tunisia
5%, Belgium 4% (1997)

Debt - external: $4 billion (1998 est.)

Economic aid - recipient: $8.4 million (1995)

Currency: 1 Libyan dinar (LD) = 1,000 dirhams

Exchange rates: Libyan dinars (LD) per US$1 - 0.4687 (January 2000),
0.4616 (1999), 0.3785 (1998), 0.3891 (1997), 0.3651 (1996), 0.3532
(1995); official rate: 0.45 (December 1998)

Fiscal year: calendar year

@Libya:Communications

Telephones - main lines in use: 318,000 (1995)

Telephones - mobile cellular: NA

Telephone system: telecommunications system is being modernized;
mobile cellular telephone system became operational in 1996
domestic: mic