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Home Libya

Libyans are the second wealthiest people in Africa

byNigel Ash
January 11, 2014
Reading Time: 1 min read
A A

By Taziz Hasairi

Tripoli, 19 January 2013:

Libyans enjoy a per capita incomes that is second only to that  of South . . .[restrict]Africans and substantially ahead of the continent’s other major oil producer,  Nigeria.

Figures released by the African Development Bank appear to show that in 2013, in terms of personal wealth, Libyans received $11,040 per head, as against South Africans, who had $11,310.  The bank pointed out however tht the global average is $27,600.

The next most prosperous North African state was Tunisia ($8,400), followed by Algeria, ($6.250) and Morocco ($5,780). The incomes of Egyptians averaged $4,350.  By contrast oil-rich, but populous Nigeria saw a per capital income of just $1,350.

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