Libya recorded a Government Budget surplus equal to 3.90 percent of the country's Gross Domestic Product in 2018. source: Central Bank of Lybia
Government Budget in Libya averaged -12.01 percent of GDP from 2003 until 2018, reaching an all time high of 38.20 percent of GDP in 2005 and a record low of -131 percent of GDP in 2015. This page provides - Libya Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Libya Government Budget - values, historical data and charts - was last updated on July of 2021.
Government Budget in Libya is expected to reach -10.00 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Libya Government Budget is projected to trend around -8.00 percent of GDP in 2022 and -20.00 percent of GDP in 2023, according to our econometric models.