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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Libya & Venezuela

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Libya vs Venezuela

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Libya Venezuela
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World Rank 48 3.48 World Rank
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 Bolivian Republic of Venezuela is a nation situated on the northern coast of South America. It consists of its mainland and several islands and islets that are located in the Caribbean Sea. With a land coverage of 916,000 square kilometers, it is one of the largest nations in size in Latin America. The capital city and its largest urban agglomeration is Caracas. More about Venezuela

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Libya Venezuela
Position in the ranking of countries
GDP [US$] 42,817,472,975 482,359,318,767
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

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(United States of America (USA))

Libya Venezuela
Position in the ranking of countries
GNI [US$] 43,169,797,204 476,933,862,544
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 Venezuela
Position in the ranking of countries
External balance [US$] 5,166,988,486 -70,922,056,745
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)

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(South Africa)

Libya Venezuela
Position in the ranking of countries
Unemployment [%] 20.61 6.47
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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(China)

Libya Venezuela
Position in the ranking of countries
Population 6,735,277 28,199,867
Percentage of the other

Population growth (annual %)

Density

Gender

Demography