Libya Government Budget  2003-2017 | Data | Chart | Calendar | Forecast

Libya recorded a Government Budget deficit equal to 59.90 percent of the country's Gross Domestic Product in 2016. Government Budget in Libya averaged -0.16 percent of GDP from 2003 until 2016, 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
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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 -59.90 -54.60 38.20 -59.90 percent of GDP [+]
Credit Rating 15.00 [+]
Military Expenditure 3737.70 4053.60 4053.60 531.40 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 December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-59.90 -54.60 38.20 -59.90 2003 - 2016 percent of GDP Yearly




government budget by Country
Country Last
Australia -2.40 Dec/16
Brazil -8.90 Dec/16
Canada -0.90 Dec/17
China -3.80 Dec/16
Euro Area -1.50 Dec/16
France -3.40 Dec/16
Germany 0.80 Dec/16
India -3.50 Dec/16
Indonesia -2.46 Dec/16
Italy -2.40 Dec/16
Japan -4.50 Dec/16
Mexico -2.60 Dec/16
Netherlands 0.40 Dec/16
Russia -3.40 Dec/16
South Korea -2.40 Dec/16
Spain -4.50 Dec/16
Switzerland 0.20 Dec/16
Turkey -1.10 Dec/16
United Kingdom -3.00 Dec/16
United States -3.50 Dec/17