Crude Oil Production in Libya decreased to 1164 BBL/D/1K in January from 1215 BBL/D/1K in December of 2020. source: Organization of the Petroleum Exporting Countries

Crude Oil Production in Libya averaged 1317.13 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 March 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. Looking forward, we estimate Crude Oil Production in Libya to stand at 1200.00 in 12 months time. 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
1164.00 1215.00 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 33.20 10.80 55.20 -41.80 percent [+]
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 1164.00 1215.00 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 [+]