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
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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 [+]
Government Budget Value -10354.40 -20193.20 28625.70 -26335.50 LYD Million [+]
Government Revenues 16705.40 22337.60 72741.20 8595.20 LYD Million [+]
Fiscal Expenditure 16897.00 32692.00 65283.50 16897.00 LYD 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 October 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
Argentina -3.90 Dec/17
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 -3.53 Dec/17
Indonesia -2.50 Dec/17
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
Saudi Arabia -8.90 Dec/17
Singapore 0.30 Dec/17
South Africa -4.60 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


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