The Impact of Foreign Direct Investment on Economic Growth in Libya

Abstract

The study examined the impact of FDI on economic growth in Libya, the study relied on statistical analysis techniques for SPSS, after analyzing the data using several techniques for statistical analysis or revealing the relationship between independent variables (foreign investment, labor force, the inflation rate in the economy) And the dependent variable (growth rate in the Libyan economy) for 16 years during the period 2000-2015. In the light of data analysis, a quantitative approach was used using self-regression analysis. The results of the normative analysis of the relationship between growth rate In Libya and some independent variables, the increase in foreign direct investment by 1% leads to an increase in GDP by 0.215%, the estimated public line gave the best results, and this satisfies the assumption that increasing foreign direct investment leads to a high rate of economic growth in Libya