Crude Oil Production in Libya decreased to 146 BBL/D/1K in February from 793 BBL/D/1K in January of 2020.

Crude Oil Production in Libya averaged 1334.55 BBL/D/1K from 1973 until 2020, 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 2020. source: Organization of the Petroleum Exporting Countries

Crude Oil Production in Libya is expected to be 1200.00 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 1320.00 in 12 months time. In the long-term, the Libya Crude Oil Production is projected to trend around 1200.00 BBL/D/1K in 2021 and 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
146.00 793.00 2370.00 7.00 1973 - 2020 BBL/D/1K Monthly
NSA
Crude Oil Production by Country

Libya Trade Last Previous Highest Lowest Unit
Balance of Trade 22268.30 11548.60 51089.00 -14120.70 LYD Million [+]
Current Account 15198.30 6152.60 45983.00 -24172.30 LYD Million [+]
Current Account to GDP -0.20 1.50 55.20 -41.80 percent [+]
Imports 14673.10 12047.00 43242.90 2106.00 LYD Million [+]
Exports 26221.70 9402.00 77027.00 2449.00 LYD Million [+]
Capital Flows -5993.20 -530.00 514.90 -23905.00 LYD Million [+]
Gold Reserves 116.64 116.64 143.82 116.60 Tonnes [+]
Crude Oil Production 146.00 793.00 2370.00 7.00 BBL/D/1K [+]
Terrorism Index 6.77 6.99 7.29 0.00 [+]
Foreign Direct Investment -192.20 -153.00 2680.00 -3358.00 LYD Million [+]