Libya has been ranked first in the world, in the International Monetary Fund (IMF) data regarding real GDP growth for 2018.

According to the IMF's official website, Libya's real GDP growth reached 16.4 percent this year.

95 percent of Libya's economy relies on the oil revenues, where its oil reserves are estimated at 48 billion barrels.

Last month, the National Oil Corporation (NOC) announced that its revenues from oil and gas for the first seven months of this year reached about $ 13.6 billion.

Economy