Oil rents as a percentage of gdp reached 21.1% in 2020 in Libya, according to EIA. This is 51.8% less than in the previous year.
Historically, oil rents as a percentage of GDP in Libya reached an all time high of 66.7% in 2006 and an all time low of 18.5% in 1998.
Libya has been ranked 5th within the group of 100 countries we follow in terms of oil rents as a percentage of GDP.
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