Libya

The State of Libya is a North African country that borders the Mediterranean Sea, Egypt, Sudan, Chad, Niger, Algeria, and Tunisia. The United Nations’ human development index classifies Libya as a high human development country [Page 913]among the North African countries. Currently, the country’s population is approximately 5.6 million, with a decline in those under age 15. There is also a larger percentage of people in the 25-to-29 age group, which presents some poverty-related challenges. These include more people out of work and unprepared to work. Almost 90 percent of the country’s economy is oil based, and most consumer goods are imported from other countries. Although oil provides wealth and favorable economic figures in theory, in practice, the country suffers from several issues, ranging from ...