Libya is a country in the Maghreb region of North Africa. Libya comprises of 1.8 million square meters, resulting in it being the 16th largest country in the world. It is one of the driest and sunniest countries as a lot of the land is desert.
Libya was heavily influenced by the Arab spring movements which overturned the fullers in Egypt and Tunisia. In 2011 Libya faced unrest, which resulted in political turmoil and rebel fighters. Gaddafi was overthrown and subsequently killed in October 2011, the loyalist forced were defeated. 30,000 Libyan’s were killed in the civil war. Since the conflict has ended, Libya is still torn and control is still in rivalry between the two paramilitary parties. Libya has maintained relative relations with the West. Since 2007 Libya has been divided in to 22 regions.
Libya relies heavily in its oil exports, as it is the largest oil supplier in Africa, alongside other gases. The World Bank defines Libya as an upper-middle income economy; One of the few in Africa to be included in this bracket. Libya’s public sector constitutes 70% of the workforce; this is in order to lower the high unemployment rates. This, alongside the high reliance on immigrant labour, creates economic instability. Sectors, such as agriculture, must be developed to ensure economic stability.
Do you want to know more, please feel free to contact us: