Oil revenue in Libya 2013-2022
Oil revenues in Libya amounted to almost 19 billion U.S. dollars as of the third quarter of 2022. In the previous year, the annual oil revenue stood at around 23 billion U.S. dollars. Previously, due to the impact of the coronavirus (COVID-19) pandemic, the revenue experienced a sharp decline in 2020, totaling 3.8 billion U.S. dollars. Oil revenue in the country fluctuated in the period under review and peaked at roughly 40.7 billion U.S. dollars in 2013.