Libya Economic Monitor, Summer 2022

Libya is struggling to cope with a trifecta of crises, including the civil conflict, the Coronavirus (COVID-19) pandemic and most recently, the impact of the Russia-Ukraine crisis. Notwithstanding the tempering of conflict intensity since 2021, the...

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Main Author: World Bank
Format: Report
Language:English
en_US
Published: Washington, DC 2022
Subjects:
Online Access:http://documents.worldbank.org/curated/en/099827108242214841/IDU0bcfa457e01cab04e2208e9505546e774cc87
http://hdl.handle.net/10986/37947
id okr-10986-37947
recordtype oai_dc
spelling okr-10986-379472022-09-01T05:10:42Z Libya Economic Monitor, Summer 2022 World Bank CIVIL CONFLICT COVID-19 WAR IN UKRAINE VOLATILE OIL PRODUCTION INFLATION LIQUIDITY CRISIS HUMANITARIAN CONDITIONS EPIDEMIOLOGICAL SITUATION LOSS OF JOBS FOOD SECURITY CRISIS LIMITED ACCESS PUBLIC SERVICES Libya is struggling to cope with a trifecta of crises, including the civil conflict, the Coronavirus (COVID-19) pandemic and most recently, the impact of the Russia-Ukraine crisis. Notwithstanding the tempering of conflict intensity since 2021, the Libyan economy has been battered by the conflict. GDP per capita estimates in 2021 stood at about half of its value in 2010 before the start of the conflict. Since 2020, the population has been hit by multiple waves of the COVID-19 pandemic. The health system, already affected by a decade of conflict, has struggled to deliver the necessary access and quality of care amid a raging pandemic. While Libya has reported a marked decline in COVID-19 cases and deaths since March 2022, the vaccination rate remains low. In addition, food insecurity has worsened, precipitated by the Russia-Ukraine crisis and the resulting shortages and price increases for staple foods in the domestic market. 2022-08-31T19:46:52Z 2022-08-31T19:46:52Z 2022-08 Report http://documents.worldbank.org/curated/en/099827108242214841/IDU0bcfa457e01cab04e2208e9505546e774cc87 http://hdl.handle.net/10986/37947 English en_US Libya Economic Monitor; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC Economic & Sector Work Economic & Sector Work :: Economic Updates and Modeling Middle East and North Africa Libya
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic CIVIL CONFLICT
COVID-19
WAR IN UKRAINE
VOLATILE OIL PRODUCTION
INFLATION
LIQUIDITY CRISIS
HUMANITARIAN CONDITIONS
EPIDEMIOLOGICAL SITUATION
LOSS OF JOBS
FOOD SECURITY CRISIS
LIMITED ACCESS
PUBLIC SERVICES
spellingShingle CIVIL CONFLICT
COVID-19
WAR IN UKRAINE
VOLATILE OIL PRODUCTION
INFLATION
LIQUIDITY CRISIS
HUMANITARIAN CONDITIONS
EPIDEMIOLOGICAL SITUATION
LOSS OF JOBS
FOOD SECURITY CRISIS
LIMITED ACCESS
PUBLIC SERVICES
World Bank
Libya Economic Monitor, Summer 2022
geographic_facet Middle East and North Africa
Libya
relation Libya Economic Monitor;
description Libya is struggling to cope with a trifecta of crises, including the civil conflict, the Coronavirus (COVID-19) pandemic and most recently, the impact of the Russia-Ukraine crisis. Notwithstanding the tempering of conflict intensity since 2021, the Libyan economy has been battered by the conflict. GDP per capita estimates in 2021 stood at about half of its value in 2010 before the start of the conflict. Since 2020, the population has been hit by multiple waves of the COVID-19 pandemic. The health system, already affected by a decade of conflict, has struggled to deliver the necessary access and quality of care amid a raging pandemic. While Libya has reported a marked decline in COVID-19 cases and deaths since March 2022, the vaccination rate remains low. In addition, food insecurity has worsened, precipitated by the Russia-Ukraine crisis and the resulting shortages and price increases for staple foods in the domestic market.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Libya Economic Monitor, Summer 2022
title_short Libya Economic Monitor, Summer 2022
title_full Libya Economic Monitor, Summer 2022
title_fullStr Libya Economic Monitor, Summer 2022
title_full_unstemmed Libya Economic Monitor, Summer 2022
title_sort libya economic monitor, summer 2022
publisher Washington, DC
publishDate 2022
url http://documents.worldbank.org/curated/en/099827108242214841/IDU0bcfa457e01cab04e2208e9505546e774cc87
http://hdl.handle.net/10986/37947
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