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OFID Member Countries

Official country name: Libya
National capital: Tripoli
Location: Extending along the Mediterranean coast of North Africa, bordering Tunisia and Algeria to the west, Niger and Chad to the south, Egypt to the east, and Sudan to the south-east.
Area: 1.76 million km2


Natural resources: petroleum, natural gas
National currency: Libyan dinar (LD)
Principal exports: crude oil, refined petroleum products, natural gas
Principal imports: machinery and transport equipment, basic manufactured goods, food and consumer products
   
Year: 2009
Population: 6.28 million (2008)
Average Annual Population Growth Rate 2007-15(%): 1.8%
Adult literacy rate: 86.8% (2007)
Life expectancy at birth (total years, 2007): 73.8
GDP growth (annual %): 3% (2009)
GDP current: US$100.07 billion (2008)
GDP per capita: US$15,926 (2008)
   
Structure of Output
(in % total GDP) 2008
 
Agriculture, value added
(% of GDP):
2%
Industry, value added
(% of GDP):
78%
Manufacturing: 4%
Services, value added
(% of GDP):
20%
   
Exports of goods & services: US$34.21 billion (2009)
Imports of goods & services: US$19.95 billion (2009)
Current account balance
(% of GDP):
10% (2009)
Inflation (annual %): 2%
Official exchange rate: Dinars to US$, 2009: 0.811
   
OFID Ministerial Council Member: HE Dr. Abd-al-Hafid Mohmud Al-Zulaytini, Secretary of the General People's Committee of Finance
OFID Governing Board Representative: Mr. El Boueshi M. Ellafi, Senior Advisor to NOC, Ministry of Oil
OFID Governing Board Alternate: Mr. Mustafa Keshada, Alternate Governor of Libya 'OFID', Ministry of Finance