- Oil production fell during the first half of 2014 and GDP declined by 19.8%, but production levels began to recover during the third quarter of 2014, so GDP is expected to rebound by 14.5% in 2015, if agreement is achieved to open some of the major oil terminals.
- Political and economic governance have collapsed, with the presence of two rival parliaments and continued control of oil resources by warring militias.
- Spatial disparities were at the heart of the instabilities that have surfaced since 2011 and an inclusive spatial strategy will be an important determinant of any democratic transition.
|P-LY-KB0-001|| Technical Assistance for Small & medium Enterprises Development ||ApprovedAPVD|
|P-LY-KD0-001|| Capacity Building Support for Export ||ApprovedAPVD|
Department North Africa Region
Director North Africa Region, Mr. Jacob Kolster
African Development Bank Group
Avenue du Dollar, Les Berges Du Lac II, Tunis 1053, Tunisia
Tel: (+216) 71102953
Fax: (+216) 71194523
|Area:||1,760,000 sq km|
|Total Population 2013:||6.2 Million|
|Urban Population 2013:||78.06%|
|Female Population 2013:||49.99%|
|GDP:||US$ 82.3 Billion|
|GNI Per Capita 2013:||-|
|Crude Birth Rate (per 1000):||20.69%|
|Human Development Index (rank / 187):||64|
|Human Development Index (scale 0 to 1):||0.769|
|Cumulative Approvals (1967-2013):||UA 0.6 Million|