logo library
Access The Global Open Data Tracker
Fill out your details to explore the Standards Library and Innovation Atlas.
Back to the main site
Back to Innovation Atlas


No Open Banking

The fourth-largest country in Africa’s financial system is suffering from political instability.

There is heavy mobile phone usage in Libya, equivalent to 176% of the population, and internet penetration stands at 46%.

In 2021, the U.N. warned that the Libyan banking system was at risk of collapse following the division of the central bank. A blockage on oil revenue was partially to blame.