I'm 5'5", 165. My bf is around 12% with a 34" waist now (down from 182lbs, around 24%, with a 40" waist).
My goal is to gain strength right now, compete, then gain more mass.
Point being that it doen't matter how you compare to anyone else.
There's tons of great info here on this site, but I'm not yet familiar with the fat loss diets or routines here as I lost most of my fat before I knew about this site (unfortunatly).
As stated above, I agree that you should first look at your diet and make any changes from processed foods, to less processed foods. For example, if you like oatmeal in the flavored packets in the morning, try switching to Quaker Oats (less sugar). Make sure you're getting enough protein in each meal, and if you aren't already, try to break up your meals into at least 5 a day, maybe 6 or 7 if you can.
I found that the packets of tuna that come pre-seasoned work well for convenience, and so does frozen veggies. I put some in a zip lock bag and by the time I'm ready for my next meal at work, they're thawed out. Putting flax oil in small tupperware containers (used mostly for salad dressing) also works if you can put them in a baggie with ice. I sometimes boil a piece of frozen boneless/skinless chicken in the morning while getting ready for work. I just put it in a frying pan with about an inch of water and boil it for about 20-30 minutes.
There's also a great article called "Running Man" by Christian Thibaudeau here that helped me learn the benefits of sprinting, or energy systems in general.
Here's a link:
Hope some of this helped.