The possibility of measuring the informational efficiency of the Libyan economy

Abstract

This study explores the possibilities and challenges of measuring informational efficiency in the Libyan economy within the current economic and technological context. The research significance stems from the urgent need to develop customized measurement methodologies that consider the specificities of the Libyan environment and institutional constraints related to data accessibility. The study employed descriptive-analytical and quantitative approaches, utilizing Data Envelopment Analysis and multiple regression analysis on a sample of fifteen economic institutions distributed across various sectors during 2024-2025. Results revealed that the average informational efficiency reached 63.4%, with significant variation across sectors, and that technological infrastructure explains 61% of the variance in efficiency levels. The study also demonstrated the feasibility of developing an integrated measurement model achieving high accuracy with a correlation coefficient of 0.856. The study recommends developing a comprehensive national strategy for digital transformation, establishing a specialized authority to coordinate efforts, and providing incentives to institutions.