Libya Crude Oil Production - Forecast

Crude Oil Production in Libya is expected to be 869.54 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 848.50 in 12 months time. In the long-term, the Libya Crude Oil Production is projected to trend around 848.20 BBL/D/1K in 2020, according to our econometric models.


Libya Crude Oil Production
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Libya Trade Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade 6712 -6488 -6137 -7072 -7117 1309
Exports 9402 12870 12590 12311 12585 18997
Imports 12047 19358 18727 18097 19701 17688
Current Account 1337 1210 -2108 -5425 -6135 -6958
Current Account to GDP -37.8 -25 -25 -25 -19 -16
Capital Flows -530 -5885 -5569 -5253 -5459 -7790
Gold Reserves 117 117 117 117 117 117
Crude Oil Production 968 870 846 848 848 848
Terrorism Index 7.26 6.61 6.56 6.51 6.27 2.82