Date 2017-12-27
Category ARTICLES
9.Libya: GDP – $49.3 billion
Libya owns the largest oil reserve in Africa which has primarily been their primary income source. Their oil sector boosts with over 80% of the entire countries GDP coming from oil exports. Still, in the same industry, you will find that the country earns immensely from gas and gypsum.
Located in the Maghreb region of the North part of Africa, Libya is the fourth largest country in Africa. This country is one of the most populous countries in Africa and 108th most populated country in the world.
Libya may have one of the crazy numbers, but they have successfully managed to sustain everyone. Their wealth and ability to control it gets them a spot on the list of the top richest countries in Africa.
