Country risk rating

D4

HIGH RISK for enterprise

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

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GDP USD 48.3196bn (World ranking 87, World Bank 2018)
Population 6.68mn (World ranking 108, World Bank 2018)
Form of state Transitional government
Head of government Fayez al-Sarraj (Chairman of the Presidential Council)
Next elections N/A
  • Large gas and oil reserves
  • Government open to foreign investment
  • Strategic location on the Mediterranean sea, which facilitates trade
  • Security concerns and political crisis are structural
  • Large current account deficit
  • Economy strongly affected by security conditions, especially when it comes to oil fields
  • Although it is declining, there is still a strong inflation rate
  • Due to its high dependency on oil exports, the country’s economy is very sensitive to changes in the oil price
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