Country Report Libya November 2009

Outlook for 2010-11: Forecast summary

Forecast summary
(% unless otherwise indicated)
Real GDP growth5.9b4.04.64.7
Oil production ('000 b/d)1,7211,5531,6701,660
Oil exports (US$ bn)55.7b29.338.335.4
Consumer price inflation (av)
Consumer price inflation (year-end)9.8-
Deposit rate2.
Government balance (% of GDP)29.9b-
Exports of goods fob (US$ bn)62.032.642.639.4
Imports of goods fob (US$ bn)21.722.724.325.8
Current-account balance (US$ bn)35.76.915.510.9
Current-account balance (% of GDP)47.3b14.725.517.9
External debt (year-end; US$ bn)5.6b6.06.67.2
Exchange rate LD:US$ (av)
Exchange rate LD:€ (av)1.801.741.751.73
Exchange rate LD:¥100 (av)1.181.331.371.39
Exchange rate LD:SDR (av)1.941.931.931.93
a Actual. b Economist Intelligence Unit estimates. c Economist Intelligence Unit forecasts.

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