Political pressure groups and leaders: various Arab nationalist movements with almost negligible memberships may be functioning clandestinely, as well as some Islamic elements
International organization participation: ABEDA, AfDB, AFESD, AL, AMF,
AMU, CAEU, CCC, ECA, FAO, G-77, IAEA, IBRD, ICAO, ICRM, IDA, IDB, IFAD,
IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, ISO, ITU, NAM, OAPEC, OAU,
OIC, OPEC, PCA, UN, UNCTAD, UNESCO, UNIDO, UPU, WFTU, WHO, WIPO, WMO, WToO
Diplomatic representation in the US: Libya does not have an embassy in the US
Diplomatic representation from the US: the US suspended all embassy activities in Tripoli on 2 May 1980
Flag description: plain green; green is the traditional color of Islam (the state religion)
Economy Libya
Economy - overview: The socialist-oriented economy depends primarily upon revenues from the oil sector, which contributes practically all export earnings and about one-quarter of GDP. These oil revenues and a small population give Libya one of the highest per capita GDPs in Africa, but little of this income flows down to the lower orders of society. Import restrictions and inefficient resource allocations have led to periodic shortages of basic goods and foodstuffs. The nonoil manufacturing and construction sectors, which account for about 20% of GDP, have expanded from processing mostly agricultural products to include the production of petrochemicals, iron, steel, and aluminum. Climatic conditions and poor soils severely limit agricultural output, and Libya imports about 75% of its food. Higher oil prices in 1999 and 2000 led to an increase in export revenues, which improved macroeconomic balances and helped to stimulate the economy. The suspension of UN sanctions in 1999 also boosted growth. Libya's January 2002 51% devaluation of the official exchange rate of the dinar is another fiscal plus, although it will also bring higher inflation.
GDP: purchasing power parity - $40 billion (2001 est.)
GDP - real growth rate: 3% (2001 est.)
GDP - per capita: purchasing power parity - $7,600 (2001 est.)