Libya
North Africa · Africa
Population
7.38M
GDP (Nominal)
$46.0B
Capital City
Tripoli
Currency
LYD (Libyan Dinar)
Avg Salary
$450/mo
Region
North Africa
Livability Index 2026
21.2/100
Cost of Living
6/100
Avg Salary
40/100
Safety
46.7/100
Healthcare
45/100
Education
42/100
Overall Livability
Institutional Summary
Libya is a vast North African nation dominated by the Sahara Desert and a long Mediterranean coastline. Heavily reliant on its massive oil reserves, the country offers a very low cost of living but faces significant ongoing political and security challenges.
Cost of Living
Monthly Rent (1BR)$150
Monthly Groceries$200
Monthly Transport$20
Utilities & Internet$50
Estimated Total Monthly
$420 /person
AI Algorithm Summary
Major Strengths
- • Extremely affordable cost of living
Algorithmic Red Flags
- • Significant safety and crime concerns (Score: 40)
- • High unemployment rate (18.6%)
Economic Performance
📈 Stable GrowthGDP Per Capita
$6,233
Inflation Rate
2.1%
Unemployment
18.6%
5-Year GDP Trend
Migration & Visa
Entry/Visit Visa (e-Visa portal active)
Residence Visa (Requires local sponsorship)
Visa Difficulty
4/10
PR Eligibility
Obtaining permanent residency or citizenship is exceptionally difficult for foreign nationals
Employment Landscape
Avg Monthly Salary
$450
Trending
Top Performing Industries
Oil and Gas
Construction
Agriculture
Social Indicators
Life Expectancy
72.5 Yrs
Literacy Rate
91%
Top Universities (QS Rank)
University of Tripoli#
Compare Libya
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