Crude Oil Production in Libya increased to 1188 BBL/D/1K in November from 1166 BBL/D/1K in October of 2019. Crude Oil Production in Libya averaged 1337.98 BBL/D/1K from 1973 until 2019, reaching an all time high of 2370 BBL/D/1K in October of 1973 and a record low of 7 BBL/D/1K in August of 2011. source: Organization of the Petroleum Exporting Countries

Crude Oil Production in Libya is expected to be 900.00 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Libya to stand at 875.00 in 12 months time. In the long-term, the Libya Crude Oil Production is projected to trend around 825.00 BBL/D/1K in 2020, according to our econometric models.

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Libya Crude Oil Production

Actual Previous Highest Lowest Dates Unit Frequency
1188.00 1166.00 2370.00 7.00 1973 - 2019 BBL/D/1K Monthly
NSA

Libya Trade Last Previous Highest Lowest Unit
Balance of Trade 22268.30 11548.60 51089.00 -14120.70 LYD Million [+]
Current Account 15198.30 6152.60 45983.00 -24172.30 LYD Million [+]
Current Account to GDP 1.50 8.40 55.20 -41.80 percent [+]
Imports 14673.10 12047.00 43242.90 2106.00 LYD Million [+]
Exports 26221.70 9402.00 77027.00 2449.00 LYD Million [+]
Capital Flows -5993.20 -530.00 514.90 -23905.00 LYD Million [+]
Gold Reserves 116.64 116.64 143.82 116.60 Tonnes [+]
Crude Oil Production 1188.00 1166.00 2370.00 7.00 BBL/D/1K [+]
Terrorism Index 6.77 6.99 7.29 0.00 [+]
Foreign Direct Investment -192.20 -153.00 2680.00 -3358.00 LYD Million [+]