Publication
Author:International Policy Centre for Inclusive Growth (IPC-IG)
Subject: Economic Growth
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Abstract: "Libya neighbours Tunisia, Algeria, Niger, Chad, Sudan and Egypt, and is bordered by the Mediterranean Sea to the north. In 2016 the country had a population of over 6 million people, of whom 33 per cent were under 18 and 10 per cent were under 5 years old. Libya used to be one of the most developed non-Gulf Cooperation Council economies in the region, with gross national income of USD12,440 per capita in 2010. Due to the ongoing conflict, oil production—the country's leading source of income—has decreased significantly, causing GDP to drop by half compared to pre-2011 levels and gross national income per capita to fall to USD4,730 (as in 2011). Between 2010 and 2015, Libya's HDI fell from 0.756 to 0.716, placing it 102nd out of 188 countries. Given the lack of recent official statistics, Libya’s poverty rate is uncertain. Using the 2003 national poverty line, the World Bank estimated it at 14.4 per cent in 2015". (...)

keywords: Non-contributory, social protection, child, equity, lens, Libya
Date Publication: 08/08/2018 - 08:01
Type/Issue: One Pager / 395
ISSN: 2318-9118
Language: Arabic