Libya recorded a Current Account surplus of 2.20 percent of the country's Gross Domestic Product in 2017. Current Account to GDP in Libya averaged 8.86 percent from 1990 until 2017, reaching an all time high of 55.20 percent in 2006 and a record low of -41.80 percent in 2015.

Libya Current Account to GDP
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Libya Trade Last Previous Highest Lowest Unit
Balance of Trade 6712.00 -2645.00 51089.00 -14120.70 LYD Million [+]
Exports 19885.00 9402.00 77027.00 2449.00 LYD Million [+]
Imports 13173.00 12047.00 43242.90 2106.00 LYD Million [+]
Current Account 1337.00 -5734.00 45983.00 -26181.80 LYD Million [+]
Current Account to GDP 2.20 -37.80 55.20 -41.80 percent [+]
Capital Flows -530.00 -3468.00 514.90 -23905.00 LYD Million [+]
Gold Reserves 116.60 116.60 143.82 116.60 Tonnes [+]
Crude Oil Production 926.00 670.00 2370.00 7.00 BBL/D/1K [+]
Terrorism Index 7.26 7.28 7.29 0.00 [+]
Foreign Direct Investment -153.00 -610.90 2680.00 -3358.00 LYD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Libya Current Account to GDP

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Libya Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Libya Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.20 -37.80 55.20 -41.80 1990 - 2017 percent Yearly




Country Last
Singapore 19.50 Dec/17
Netherlands 10.20 Dec/17
Switzerland 9.80 Dec/17
Germany 8.00 Dec/17
South Korea 5.60 Dec/17
Japan 4.02 Dec/17
Euro Area 3.50 Dec/17
Italy 2.80 Dec/17
Russia 2.20 Dec/17
Saudi Arabia 2.20 Dec/17
Spain 1.90 Dec/17
China 1.30 Dec/17
Brazil -0.48 Dec/17
France -0.80 Dec/17
Mexico -1.60 Dec/17
Indonesia -1.70 Dec/17
India -1.90 Dec/17
United States -2.40 Dec/17
South Africa -2.50 Dec/17
Canada -3.00 Dec/17
Australia -3.10 Dec/17
United Kingdom -4.10 Dec/17
Argentina -4.80 Dec/17
Turkey -5.50 Dec/17


Related

Latest