Oil rents as a percentage of gdp reached 56.4% in 2021 in Libya, according to EIA. This is 510% more than in the previous year.
Historically, oil rents as a percentage of GDP in Libya reached an all time high of 64.8% in 2008 and an all time low of 9.24% in 2020.
Libya has been ranked 1st within the group of 113 countries we follow in terms of oil rents as a percentage of GDP.
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