Libya Government Budget 2003-2018 | Data | Chart | Calendar | Forecast

Libya recorded a Government Budget deficit equal to 43 percent of the country's Gross Domestic Product in 2017. Government Budget in Libya averaged -3.01 percent of GDP from 2003 until 2017, reaching an all time high of 38.20 percent of GDP in 2005 and a record low of -59.90 percent of GDP in 2016.

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Libya Government	Last	Previous	Highest	Lowest	Unit
Government Debt to GDP	16.50	15.30	21.20	6.30	percent	[+]
Government Budget	-43.00	-59.90	38.20	-59.90	percent of GDP	[+]
Credit Rating	15.00					[+]
Military Expenditure	4801.30	5188.60	5188.60	680.20	USD Million	[+]

Libya Government Budget

Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Libya Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Libya Government Budget - actual data, historical chart and calendar of releases - was last updated on May of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	-43.00	-59.90	38.20	-59.90	2003 - 2017	percent of GDP	Yearly

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government budget by Country

Country	Last		Previous	Highest	Lowest
Australia	-1.90	Dec/17	-2.4	2.2	-4.2	%	Yearly
Brazil	-7.80	Dec/17	-9	-2	-10.2	%	Yearly
Canada	-0.90	Dec/17	0	5.1	-8.3	%	Yearly
China	-3.50	Dec/17	-3.8	0.58	-3.8	%	Yearly
Euro Area	-0.90	Dec/17	-1.5	-0.5	-7.3	%	Yearly
France	-2.60	Dec/17	-3.4	1.5	-7.2	%	Yearly
Germany	1.30	Dec/17	1	1.3	-9.4	%	Yearly
India	-3.24	Dec/17	-3.52	-2.53	-8.13	%	Yearly
Indonesia	-2.46	Dec/16	-2.58	3.02	-2.58	%	Yearly
Italy	-2.30	Dec/17	-2.5	-1.5	-7.3	%	Yearly
Japan	-4.50	Dec/17	-4.5	2.58	-9.5	%	Yearly
Mexico	-2.90	Dec/17	-2.6	3.3	-3.4	%	Yearly
Netherlands	1.10	Dec/17	0.4	1.9	-8.6	%	Yearly
Russia	-1.50	Dec/17	-3.4	9.88	-7.9	%	Yearly
South Korea	-2.00	Dec/17	-2.4	3.47	-4.1	%	Yearly
Spain	-3.10	Dec/17	-4.5	2.2	-11	%	Yearly
Switzerland	1.20	Dec/17	0.4	1.9	-3.2	%	Yearly
Turkey	-1.50	Dec/17	-1.1	-0.6	-33	%	Yearly
United Kingdom	-2.30	Dec/17	-3.8	4.8	-9.9	%	Yearly
United States	-3.50	Dec/17	-3.2	4.5	-9.8	%	Yearly