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

Libya recorded a Government Budget deficit equal to 54.60 percent of the country's Gross Domestic Product in 2015. Government Budget in Libya averaged 4.44 percent of GDP from 2003 until 2015, reaching an all time high of 38.20 percent of GDP in 2005 and a record low of -54.60 percent of GDP in 2015.

Libya Government Budget
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Libya Government Last Previous Highest Lowest Unit
Government Debt to GDP 15.30 13.60 21.20 6.30 percent [+]
Government Budget -54.60 -43.70 38.20 -54.60 percent of GDP [+]
Credit Rating 15.00 [+]
Military Expenditure 3737.70 4053.60 4053.60 531.40 USD Million [+]


Libya Government Budget Notes

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 July of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-54.60 -43.70 38.20 -54.60 2003 - 2015 percent of GDP Yearly



government budget by Country

Last
Australia -2.40 Dec/16
Brazil -8.90 Dec/16
Canada 0.10 Dec/15
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 -3.70 Dec/16
South Korea -3.00 Dec/15
Spain -4.50 Dec/16
Switzerland 0.20 Dec/16
Turkey -1.00 Dec/15
United Kingdom -3.00 Dec/16
United States -3.20 Dec/16