Natural gas rents as a share of GDP in Libya 2010-2021

Published by
Saifaddin Galal,
Apr 4, 2024

In 2021, natural gas rents accounted for around 1.46 percent of Libya's Gross Domestic Product (GDP). The share increased compared to the previous year, when it stood at 1.04 percent. In the period under review, natural gas rents in Libya peaked at 3.5 percent of the GDP in 2014.

Natural gas rents as a percentage of Gross Domestic Product (GDP) in Libya from 2010 to 2021

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Source

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Release date

March 2024

Region

Libya

Survey time period

2010 to 2021

Supplementary notes

Figures have been rounded.

The source specifies that "natural gas rents are the difference between the value of natural gas production at regional prices and total costs of production."

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