libya tourism statistics

Libya Tourism

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• Galal M. H. Afifi 3  

Libya is a Northern African country, bordering Egypt to the east, Sudan to the southeast, the Mediterranean Sea to the north, Tunisia and Algeria to the west, and Chad and Niger to the south (Fig. 1 ). In total, it covers 1,760,000 km 2 (679,539 mi 2 ) with a population of 6.8 million. The Libyan economy does not appear to have diversification plans, as the country depends heavily on oil and gas revenues, which account for about 60% of total GDP (OPIC 2020 ). GDP growth slowed down to an estimated 4% in 2019, due to lower oil prices. After the 2018 decline, inflation rebounded to an average above 10% in 2019 because of the intensified conflict in Tripoli (AFDB 2020 ).

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AFDB. 2020. Libya . Abidjan: African Development Bank Group. www.afdb.org/en/countries/north-africa/libya .

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Hoteliers. 2008. Tripoli, Libya: A prosperous prospect. www.4hoteliers.com/features/article/3375

OPIC. 2020. Libya . Vienna: OPEC. https://tinyurl.com/y5ozqyas .

UNESCO. 2014. World heritage list. http://whc.unesco.org/en/list/ . 4 July.

UN-ESCWA. 2007. Annual review of developments in globalization and regional integration in the Arab countries . Beirut: United Nations Economic and Social Commission for Western Asia.

UNWTO. 2013. Compendium of tourism statistics, data 2007–2011 . Madrid: World Tourism Organization.

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Sultan Qaboos University, Muscat, Oman

Galal M. H. Afifi

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School of Hospitality Leadership, University of Wisconsin-Stout, Menomonie, WI, USA

Jafar Jafari

School of Hotel and Tourism Management, The Hong Kong Polytechnic University, Hong Kong, Hong Kong

Honggen Xiao

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University of the Sunshine Coast, Queensland, Australia

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Afifi, G.M.H. (2023). Libya Tourism. In: Jafari, J., Xiao, H. (eds) Encyclopedia of Tourism. Springer, Cham. https://doi.org/10.1007/978-3-319-01669-6_655-5

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DOI : https://doi.org/10.1007/978-3-319-01669-6_655-5

Received : 30 January 2021

Accepted : 19 March 2021

Published : 30 April 2023

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Print ISBN : 978-3-319-01669-6

Online ISBN : 978-3-319-01669-6

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DOI: https://doi.org/10.1007/978-3-319-01669-6_655-5

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Libya LY: International Tourism: Expenditures

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New GCC Economic Update Finds Improved Quality of Education is Critical for Sustained Economic Growth

RIYADH, May 29, 2024 – Economic growth in the Gulf Cooperation Council (GCC) region is expected to rebound to 2.8% and 4.7% in 2024 and 2025, respectively, according to the Spring 2024 Gulf Economic Update (GEU) .

The encouraging regional prospects and rebound are not just due to the anticipated recovery in oil output, as OPEC+ gradually relaxes production quotas during the second half of 2024, but also builds on the strong momentum of the non-oil economy, which is expected to continue to expand at a robust pace over the medium term. The commitment of the GCC to diversifying their economies highlights their strategic approach to fostering resilience and sustainable development during a volatile global economic period.

Despite diversification efforts, hydrocarbon receipts will remain crucial in shaping the region’s fiscal and external balances in the medium term. As a result, GCC's fiscal surplus will continue to narrow in 2024, reaching 0.1% of GDP, while current account surplus is expected to reach 7.5% of GDP (compared to 8.4% of GDP in 2022).

For the GCC countries to build on their current diversification momentum and realize their full potential, the GEU report highlights the importance of education quality in fostering long term economic growth in GCC countries. The Special Focus section of this report, titled: Unlocking Prosperity: Transforming Education for Economic Breakthrough in the GCC , presents an overview of learning outcomes, analyzes progress in student learning overtime, and assesses students’ performance in the GCC relative to countries with similar income levels.

In her remarks, the World Bank’s GCC Country Director, Safaa El-Tayeb El-Kogali indicated that, “ Good quality education prepares young people to access better employment opportunities and higher wages, increasing the potential to spur economic growth. Over the last decade, GCC countries have significantly improved learning outcomes. Yet, there is still scope for GCC countries to further improve in learning outcomes as they lag behind international benchmarks .”

The quality of education is a major factor that is holding back human capital development in the region as well as the ability of GCC countries to compete at the global level with top-performing countries. On average, children in GCC countries are expected to attain 12.7 years of education by age 18. However, when considering actual learning happening in schools, expected years of education falls to 8.6, indicating that GCC countries lose, on average, 4.1 years of learning due to the quality of education. Furthermore, according to the World Bank’s Human Capital Index, a child born today in the GCC is expected to reach only 62% of their full potential productivity, mainly held back by low education quality.

In order to leverage all its human capital potential, the report recommends that GCC countries invest in the most effective strategies to improve learning and education quality, such as building foundational skills starting from early childhood, improving teaching practices, and leveraging learning assessments to inform education policy decisions. The report also emphasizes the critical need for GCC countries to build solid foundational skills from an early age since they are the cornerstone upon which future learning and skills build. Effective teachers also play a pivotal role in enhancing learning outcomes at all levels, thus providing them with the right knowledge and support mechanisms is essential.

GCC Countries Outlook

Bahrain: Bahrain’s economic outlook hangs on oil market prospects and the accelerated implementation of structural reforms. Growth is estimated to pick up to 3.5% in 2024 in line with higher oil output, while the non-oil sector remains the main growth driver. The hydrocarbon sector is expected to expand by 1.3% in 2024, far below the non-hydrocarbon sectors’ projected growth of almost 4% supported by the recovery in tourism and the service sectors, in addition to the continuation of infrastructure projects.

Kuwait: Economic growth is expected to recover to 2.8% in 2024, supported by expansionary fiscal policies, higher oil production, and increased output from Al Zour refinery. Oil output is expected to grow by 3.6%. The non-oil sector is projected to grow by 2.1%, but still relatively elevated interest rates may restrain domestic consumption, preventing the economy from achieving its full potential. Moreover, ongoing political uncertainties may delay the implementation of new infrastructure projects and slow the pace of reform initiatives.

Oman: Oman’s economic outlook remains favorable, with real growth expected to reach 1.5% in 2024, driven by increased gas production and diversification efforts. These include efforts to further improve the business environment, support the role of SMEs in the economy, and accelerate investments in renewable energy and green hydrogen. Growth is expected to further accelerate over the medium term supported by global demand recovery, increased investment in non-hydrocarbons and renewable energy. Inflation is forecast to converge to 2% over the medium term.

Qatar: Real GDP growth is projected to strengthen marginally in 2024 but remain modest at 2.1%. Non-oil growth will continue to be robust at 2.4%, driven by a growing tourism sector. The hydrocarbon sector is expected to decelerate to a 1.6% growth in 2024, affected by capacity constraints. Yet, a major boost is anticipated for the period Q42025 to 2027, with the North Field expansion project coming online.

Saudi Arabia: Following the contraction witnessed in 2023, real GDP is expected to grow by 2.5% in 2024, driven primarily by robust non-oil private activities (forecast to grow by 4.8%). With the voluntary oil production cuts ending in Q2-2024, and the expected gradual increase in production during the second half of 2024, overall oil GDP is expected to register a contraction of 0.8% in 2024. These trends are expected to be reversed in 2025, with oil output anticipated to ramp up aggressively resulting in 5.9% overall GDP growth.

United Arab Emirates: Real GDP growth is projected to accelerate to 3.9% in 2024, fueled by OPEC+'s announced significant oil production hike in the second half of 2024 and a recovery in global economic activity. Oil output growth is projected to reach 5.8% in 2024. Non-oil output will remain robust and continue to support economic growth in 2024, expanding at 3.2%, driven by strong performance in the tourism, real estate, construction, transportation, and manufacturing sectors.

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Inbound tourism expenditure over current account credits in Libya 2000-2019

Inbound tourism expenditure as a share of current account credits in libya from 2000 to 2019.

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