Libya, with a population of about 7 million and a GDP of approximately $85 billion in 2023, has a significant role in the global oil market. The per capita income is around $12,000.

The economy is heavily reliant on oil exports, which account for the majority of its revenues. Recent efforts aim to stabilize the country and diversify its economy, with opportunities in sectors like mining, infrastructure, and tourism.

Foreign direct investment (FDI) is increasingly focused on these areas as Libya works to overcome political challenges and rebuild its economy.