Country Desk
Priority
On-demand
Monitor
Libya
TIER 2
HIGH 4/5
Threat Level Trend
4/5
HIGH
May 21, 2026
May 21, 2026
Executive Summary
Libya remains divided between the Tripoli-based Government of National Unity (GNU) and the eastern Benghazi-based administration backed by Khalifa Haftar's LNA. Unification elections remain elusive despite UN mediation. Oil revenues are the primary economic driver but subject to political manipulation. The country serves as a major irregular migration transit route to Europe, making it a critical EU concern.
Economy Overview
GDP (nominal)
--
GDP Growth
--
Inflation (CPI)
--
Interest Rate
--
Trade Balance
--
EUR / ---
--
|
Index
--
EU Cooperation & Investment
★
EU
EUR 360M
Total EU Investment
5
Projects & Programmes
Climate & Environment
1
EUR 40M
▶
Governance & Rule of Law
2
EUR 232M
▶
Trade & Investment
2
EUR 88M
▶
Trade & Cooperation Agreements