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.

Libya Government Budget
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 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

government budget by Country
Country Last
Australia -1.90 Dec/17
Brazil -7.80 Dec/17
Canada -0.90 Dec/17
China -3.50 Dec/17
Euro Area -0.90 Dec/17
France -2.60 Dec/17
Germany 1.30 Dec/17
India -3.24 Dec/17
Indonesia -2.46 Dec/16
Italy -2.30 Dec/17
Japan -4.50 Dec/17
Mexico -2.90 Dec/17
Netherlands 1.10 Dec/17
Russia -1.50 Dec/17
South Korea -2.00 Dec/17
Spain -3.10 Dec/17
Switzerland 1.20 Dec/17
Turkey -1.50 Dec/17
United Kingdom -2.30 Dec/17
United States -3.50 Dec/17