Is Libya a rich or poor country?

Answer 1

Yes, if you talking resources Liberia is very rich with Oil, Dimaond, Goild, Iron ole, Rubber and etc. But Liberia's leaders still remians one of the poorest country in the world because of its leadership. The leaders of Liberia doesn't put their people first. They use the country's resources to build mansion and throws party of their own. Liberia has a billion dollar worth oil company but there's no leadership, because most government officials are corrupt just like every where else in the world.

Answer 2

It's a rich country who has big plans to spend on Infrastructure

It is considered a rich country since it has a GDP per capita (ppp) of over 14,000 dollars as it is an oil-rich country.

Answer 3

No, it's North Africa's most rapidly developing nation, has great infrastructure, health care and living standards. It is also ranked very highly for low levels of corruption and distribution of welsh in Africa. It has good trading within the Mediterranean and good relations with Italy. So in a nutshell, it's not poor, but quite prosperous

Answer 4

It is considered a rich country since it has a GDP per capita (ppp) of over 14,000 dollars as it is an oil-rich country.

Answer 5

Because they have a rich source of oil under the ground.