Libya recorded a Government Debt to GDP of 155 percent of the country's Gross Domestic Product in 2020. source: Central Bank of Lybia

Government Debt to GDP in Libya averaged 30.58 percent of GDP from 2003 until 2020, reaching an all time high of 155 percent of GDP in 2020 and a record low of 6.30 percent of GDP in 2008. This page provides - Libya Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Libya Government Debt to GDP - values, historical data and charts - was last updated on September of 2021.

Government Debt to GDP in Libya is expected to reach 140.00 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 Debt to GDP is projected to trend around 130.00 percent of GDP in 2022 and 125.00 percent of GDP in 2023, according to our econometric models.

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Libya Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
155.00 110.00 155.00 6.30 2003 - 2020 percent of GDP Yearly

Libya Government Last Previous Highest Lowest Unit
Government Debt to GDP 155.00 110.00 155.00 6.30 percent of GDP [+]
Government Budget -103.00 -24.00 38.20 -131.00 percent of GDP [+]
Credit Rating 15.00 [+]
Government Budget Value -11552.20 -9857.20 28625.70 -22271.20 LYD Million [+]
Government Revenues 22818.00 57365.20 72741.20 8845.20 LYD Million [+]
Fiscal Expenditure 37310.00 45813.00 65283.50 23366.50 LYD Million [+]

Libya Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.