Libya recorded a Current Account surplus of 5733.10 LYD Million in 2019. source: Central Bank of Lybia

Current Account in Libya averaged 7371.36 LYD Million from 1992 until 2019, reaching an all time high of 45983 LYD Million in 2008 and a record low of -24172.30 LYD Million in 2014. This page provides - Libya Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Libya Current Account - values, historical data and charts - was last updated on October of 2021.

Current Account in Libya is expected to reach -4000.00 LYD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Libya Current Account is projected to trend around -3.60 LYD Million in 2021, according to our econometric models.

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Libya Current Account

Libya Last Unit Reference Previous Highest Lowest
Balance of Trade 14753.80 LYD Million Dec/19 21897.10 51089.00 -7687.60
Current Account to GDP 9.30 percent of GDP Dec/19 10.80 55.20 -41.80
Current Account 5733.10 LYD Million Dec/19 15389.50 45983.00 -24172.30
Exports 38787.90 LYD Million Dec/19 40712.50 77027.00 2449.00
Imports 24034.10 LYD Million Dec/19 18815.40 43242.90 2106.00
Foreign Direct Investment -482.50 LYD Million Dec/19 -376.10 2680.00 -3358.00

Libya Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).