Libya recorded a Current Account deficit of 7.90 percent of the country's Gross Domestic Product in 2020. source: Central Bank of Lybia
Current Account to GDP in Libya averaged 9.49 percent of GDP from 1990 until 2020, reaching an all time high of 55.20 percent of GDP in 2006 and a record low of -41.80 percent of GDP in 2015. This page provides - Libya Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Libya Current Account to GDP - values, historical data and charts - was last updated on June of 2022.
Current Account to GDP in Libya is expected to reach 25.00 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Libya Current Account to GDP is projected to trend around 18.00 percent of GDP in 2023 and 15.00 percent of GDP in 2024, according to our econometric models.