Country Report Libya April 2011

Data and charts: Quarterly data

	2009				2010
	1 Qtr	2 Qtr	3 Qtr	4 Qtr	1 Qtr	2 Qtr	3 Qtr	4 Qtr
Prices
Consumer prices (2003=100)	127.7	125.5	125.4	128.2	128.7	129.2	129.6	n/a
Consumer prices (% change, year on year)	5.8	2.5	0.6	1.1	0.8	3.0	3.4	n/a
Financial indicators
Exchange rate LD:US$ (end-period)	1.29	1.24	1.22	1.23	1.27	1.31	1.24	1.25
Deposit rate (av; %)	2.5	2.5	2.5	2.5	2.5	2.5	2.5	n/a
Lending rate (av; %)	6.0	6.0	6.0	6.0	6.0	6.0	6.0	n/a
Money market rate (av; %)	5.0	5.0	5.0	5.0	5.0	5.0	5.0	n/a
M1 (end-period; LD m)	31,110	34,950	40,025	37,392	37,272	34,082	36,563	n/a
M1 (% change, year on year)	37.9	17.1	22.0	12.2	19.8	-2.5	-8.6	n/a
M2 (end-period; LD m)	37,193	40,671	45,281	45,384	45,375	40,950	41,506	n/a
M2 (% change, year on year)	39.8	18.5	20.6	17.4	22.0	0.7	-8.3	n/a
Sectoral trends
Crude oil production (m barrels/day)	1.59	1.54	1.55	1.52	1.56	1.11	0.66	0.39
Crude oil production (% change, year on year)	-9.8	-11.6	-7.7	-11.4	-1.7	-27.6	-57.4	-40.6
Foreign trade & reserves (US$ m)
Exports fob	6,857	7,899	9,916	10,596	10,523	9,935	10,877	n/a
Imports foba	-4,637	-5,222	-5,621	-5,821	-5,051	-5,337	-5,085	n/a
Trade balance	2,221	2,677	4,295	4,775	5,471	4,598	5,792	n/a
Reserves excl gold (end–period)	91,075	94,626	103,856	98,725	95,043	97,144	98,800	99,645
a Data do not include defence imports.
Sources: International Energy Agency, Oil Market Report; IMF, International Financial Statistics, Direction of Trade Statistics.

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