Libya Economic Monitor, Summer 2022
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Washington, DC
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Descripción
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.
Palabras clave
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