Market Background

Robust Economic Growth
Libya's economy is experiencing a significant rebound, with an estimated GDP growth of 10.2% in 2023. This growth trajectory is projected to continue, with forecasts indicating a 13.7% increase in 2025 and 4.1% in 2026. Such robust growth underscores the country's potential for investment and economic expansion.

Access To 16 Markets

Egypt, Nigeria, Tunisia, Algeria, Ghana, Senegal , Cote d’ivoire, D.R. Congo, Burkina Faso, Chad, Kenya, Rwanda, Niger, Benin, Mauritania and Mali

Growing Foreign Direct Investment

Investments increasing from USD 1.5 billion in 2018 to USD 4.2 billion in 2025.

Supportive Demographics

Population exceeding 7 million and a median age of 27.1 years.

GDP Growth Potential

The IMF projects GDP growth of over 6% annually

Massive Trading Opportunities

Libya's imports of goods and services constituted approximately 41.3% of its GDP

Libya... A Market on The Rise