The impact of economic variables on attracting foreign direct investment in Libya: An analytical study of the periods "1997-2010, 2011-2017, and 2018-2024"

This study examines the impact of economic variables on attracting foreign direct investment (FDI) in Libya across three distinct time periods: 1997-2010, characterized by relative economic stability; 2011-2017, marked by economic turmoil; and 2018-2024, which witnessed a gradual stabilization following the crises. Key economic indicators such as GDP, exports, imports, and exchange rates were analyzed to assess their influence on FDI inflows. The research problem lies in understanding how economic changes affect foreign investment flows across different periods. The hypothesis tested suggests a positive relationship between these economic variables and the growth of FDI. A comparative analysis was conducted to identify significant differences in economic performance and their implications for FDI attraction. The results revealed noticeable disparities in investment responses, reflecting the unique nature of each period. Despite variations in figures, the real determinants of FDI inflows remain ambiguous, raising critical questions about how to improve Libya's investment environment. These unexplained factors present a significant area for further exploration and analysis.