Libya Unemployment Rate

Unemployment Rate in Libya decreased to 19.50 percent in 2011 from 20.70 percent in 2009. Unemployment Rate in Libya is reported by the GIA, Lybia. From 2005 until 2011, Libya Unemployment Rate averaged 17.7 percent reaching an all time high of 20.7 percent in December of 2009 and a record low of 13.0 percent in December of 2005. In Libya, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Libya Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
19.50 20.70 20.70 13.00 18.00 | 2014/06 2005 - 2011 percent Yearly

TO

Libya Unemployment Rate
LIST BY COUNTRY

Labour Last Previous Highest Lowest Forecast Unit
Population 6.15 2012-12-31 6.10 6.15 1.43 6.23 2014-06-30 million [+]
Unemployment Rate 19.50 2011-12-31 20.70 20.70 13.00 18.00 2014-06-30 percent [+]
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Unemployment Rate | Notes
The unemployment rate can be defined as the number of people actively looking for a job divided by the labour force. Changes in unemployment depend mostly on inflows made up of non-employed people starting to look for jobs, of employed people who lose their jobs and look for new ones and of people who stop looking for employment.


RELATED NEWS

Libya Current Account at 30034.00 LYD Million  
Libya recorded a Current Account surplus of 30034 LYD Million in 2012. Current Account in Libya is reported by the Central Bank of Lybia.
Libya Inflation Rate at 1.70 percent  
The inflation rate in Libya was recorded at 1.70 percent in December of 2013. Inflation Rate in Libya is reported by the Central Bank of Lybia.
Libya Capital Flows at -9937.00 LYD Million  
Capital Flows in Libya decreased to -9937 LYD Million in 2012 from -3002 LYD Million in 2011. Capital Flows in Libya is reported by the Central Bank of Libya.
Libya Crude Oil Production at 230.00 Thousands Barrels per Day  
Crude Oil Production in Libya increased to 230 Thousands Barrels per Day in December of 2013 from 220 Thousands Barrels per Day in November of 2013. Crude Oil Production in Libya is reported by the U.S. Energy Information Administration.
Libya GDP Constant Prices at 39922.70 LYD Million  
GDP Constant Prices in Libya increased to 39922.70 LYD Million in 2012 from 20146.30 LYD Million in 2011. GDP Constant Prices in Libya is reported by the Central Bank Of Libya.
Libya GDP Deflator at 246.60 Index Points  
GDP Deflator in Libya increased to 246.60 Index Points in 2011 from 197.20 Index Points in 2010. GDP Deflator in Libya is reported by the Central Bank of Libya.
Libya Government Budget at 20.80 Percent of GDP  
Libya recorded a Government Budget surplus equal to 20.80 percent of the country's Gross Domestic Product in 2012. Government Budget in Libya is reported by the Central Bank of Lybia.
Libya Imports at 32343.00 LYD Million  
Imports in Libya increased to 32343 LYD Million in 2012 from 13664 LYD Million in 2011. Imports in Libya is reported by the Central Bank of Lybia.
Libya Exports at 76893.00 LYD Million  
Exports in Libya increased to 76893 LYD Million in 2012 from 15843 LYD Million in 2011. Exports in Libya is reported by the Central Bank of Lybia.
Libya Balance of Trade at 44650.00 LYD Million  
Libya recorded a trade surplus of 44650 LYD Million in 2012. Balance of Trade in Libya is reported by the Central Bank of Lybia.
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