Libya recorded a Current Account deficit of 2.60 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in Libya averaged 8.07 percent of GDP from 1990 until 2024, reaching an all time high of 45.90 percent of GDP in 2006 and a record low of -56.30 percent of GDP in 2014. source: Central Bank of Lybia
Current Account to GDP in Libya is expected to reach 7.00 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Libya Current Account to GDP is projected to trend around 3.50 percent of GDP in 2026 and 2.00 percent of GDP in 2027, according to our econometric models.