Housing Finance in Libya


This profile is also available in French here.

To download a pdf version of the full 2020 Libya country profile, click here.

Political instability continues in Libya, and the country is listed as a fragile country. Eight years after the fall of Muammar Gaddafi’s regime, Libya which was once considered an upper middle income country with the highest GDP in Africa and one of the highest Human Development Index (HDI) rankings in the world, is faced with insecurity, unstable politics, poor infrastructure and constrained government spending. The humanitarian situation continues to worsen with about 1.1 million of people in need of assistance and protection.

Living conditions in the country have deteriorated, with a HDI ranking of 108 in 2018. The economy suffers from high inflation. This has adversely affected Libyan households and the housing backlog which continues to grow and is projected to be 500 000 units by 2020.

However, once the rule of law is restored, there will be a need for reconstruction. Infrastructure and housing should be top priorities in addition to putting in place policies and regulation that encourage the creation of wealth.

Find out more information on the housing finance sector of Libya, including key stakeholders, important policies and housing affordability:


Each year, CAHF publishes its Housing Finance in Africa Yearbook. The profile above is from the 2020 edition, which has up-to-date profiles for 55 African countries.

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