Home / Economy / The Economist: Libya Will Be Among The Top Ten Fastest Growing Countries In The World Next Year After The Oil Sector Recovers.

The Economist: Libya Will Be Among The Top Ten Fastest Growing Countries In The World Next Year After The Oil Sector Recovers.

The British “Economist” magazine suggested that Libya would be among the ten fastest growing countries in the world next year, with a GDP growth rate of 20.9%, supported by a recovery in oil and gas production.

In its report on growth expectations next year, the magazine emphasized that the high growth rate in Libya reflects a modest recovery from the disaster of war, as Libya ranks third after Macau, located on the southern coast of China, as the fastest growing country in GDP by 35%, followed by Guyana in second place, with expected growth rate of 23%.

It is worth noting that the “OPEC” organization announced an increase in the share of Libyan oil production by 93%, after the increase in production from 656 thousand barrels per day last month to 1.2 million barrels per day this month.

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