Compare the economies of the countries

Table of Contents

Economy power of Libya & Norway

Libya Flag svg Norway Flag svg

Libya vs Norway

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Libya Norway
World map with selected countries highlighted.
Officially known as the State of Libya, the nation is located in the northern part of Africa, in the Maghreb region. It borders Sudan, Chad, Algeria, Niger, Tunisia, and Egypt. This is the fourth largest country in Africa thanks to its enormous land coverage of 1.8 million square kilometers. It is also the 16th largest nation worldwide.  More about Libya The Kingdom of Norway is a nation located in Northern Europe and it is one of the Nordic countries. Most of its territory is located on the western and northernmost portion of the Scandinavian Peninsula. However, they also own the archipelago of Svalbard and the Arctic island of Jan Mayen as well as several other minor isles. There are four different bordering nations, namely Sweden, Denmark, Finland and Russia. The Norwegian land covers approximately 385,000 square kilometers  More about Norway

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Libya Norway
Position in the ranking of countries
GDP [US$] 45,096,462,972 485,310,823,603
Percentage of the other

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

Gross national income (GNI, Inflation)

Gross national income

Libya Norway
Position in the ranking of countries
GNI [US$] 45,309,062,967 507,846,254,957
Percentage of the other

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Libya Norway
Position in the ranking of countries
External balance [US$] 6,571,580,007 71,491,259,072
Percentage of the other

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

Libya Norway
Position in the ranking of countries
Unemployment [%] 18.61 3.97
Percentage of the other

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)

Population (total, growth, density, demgraphy)

Total population

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(India)

Libya Norway
Position in the ranking of countries
Population 7,305,659 5,519,594
Percentage of the other

Population growth (annual %)

Density

Gender

Demography