Crude Oil Production in Libya decreased to 1223 BBL/D/1K in August from 1273 BBL/D/1K in July of 2021. source: Organization of the Petroleum Exporting Countries

Crude Oil Production in Libya averaged 1316.08 BBL/D/1K from 1973 until 2021, reaching an all time high of 2370 BBL/D/1K in October of 1973 and a record low of 7 BBL/D/1K in August of 2011. This page provides the latest reported value for - Libya Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Libya Crude Oil Production - values, historical data and charts - was last updated on September of 2021.

Crude Oil Production in Libya is expected to be 1290.00 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Libya Crude Oil Production is projected to trend around 1150.00 BBL/D/1K in 2022, according to our econometric models.

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Libya Crude Oil Production

Actual Previous Highest Lowest Dates Unit Frequency
1223.00 1273.00 2370.00 7.00 1973 - 2021 BBL/D/1K Monthly
NSA

Libya Trade Last Previous Highest Lowest Unit
Balance of Trade 14753.80 21897.10 51089.00 -7687.60 LYD Million [+]
Current Account 5733.10 15389.50 45983.00 -24172.30 LYD Million [+]
Current Account to GDP 9.30 10.80 55.20 -41.80 percent of GDP [+]
Imports 24034.10 18815.40 43242.90 2106.00 LYD Million [+]
Exports 38787.90 40712.50 77027.00 2449.00 LYD Million [+]
Capital Flows -4566.60 -3872.80 514.90 -23905.00 LYD Million [+]
Gold Reserves 116.64 116.64 143.82 116.64 Tonnes [+]
Crude Oil Production 1223.00 1273.00 2370.00 7.00 BBL/D/1K [+]
Terrorism Index 6.25 6.77 7.29 0.00 [+]
Foreign Direct Investment -482.50 -376.10 2680.00 -3358.00 LYD Million [+]