Libya Government Budget 2003-2015 | Data | Chart | Calendar | Forecast

Libya recorded a Government Budget deficit equal to 49.10 percent of the country's Gross Domestic Product in 2014. Government Budget in Libya averaged 8.69 percent of GDP from 2003 until 2014, reaching an all time high of 38.20 percent of GDP in 2005 and a record low of -49.10 percent of GDP in 2014. Government Budget in Libya is reported by the Central Bank of Lybia.

Libya Government Budget
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Actual Previous Highest Lowest Dates Unit Frequency
-49.10 -6.20 38.20 -49.10 2003 - 2014 percent of GDP Yearly
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. Content for - Libya Government Budget - was last refreshed on Friday, August 28, 2015.


Libya Government Last Previous Highest Lowest Unit
Government Budget -49.10 -6.20 38.20 -49.10 percent of GDP [+]
Government Debt to GDP 6.10 6.80 21.20 5.90 percent [+]
Credit Rating 15.00 [+]


Government Budget Reference Previous Highest Lowest Unit
Australia -3.10 Dec/14 -1.20 2.00 -4.20 percent of GDP [+]
Brazil -0.60 Dec/14 1.60 2.80 -0.60 percent of GDP [+]
Canada -0.30 Dec/14 -1.00 5.10 -8.30 percent of GDP [+]
China -2.10 Dec/14 -2.10 0.58 -3.05 percent of GDP [+]
Euro Area -2.40 Dec/14 -2.90 0.00 -6.40 percent of GDP [+]
France -4.00 Dec/14 -4.10 -1.50 -7.50 percent of GDP [+]
Germany 0.70 Dec/14 0.10 1.30 -4.10 percent of GDP [+]
India -4.50 Dec/14 -4.90 -2.04 -7.80 percent of GDP [+]
Indonesia -2.25 Dec/14 -2.30 3.02 -2.50 percent of GDP [+]
Italy -3.00 Dec/14 -2.90 -0.80 -7.40 percent of GDP [+]
Japan -7.70 Dec/14 -8.40 2.58 -8.90 percent of GDP [+]
Mexico -4.00 Dec/14 -2.30 3.30 -4.00 percent of GDP [+]
Netherlands -2.30 Dec/14 -2.30 2.00 -5.60 percent of GDP [+]
Russia -0.50 Dec/14 -0.50 9.88 -7.90 percent of GDP [+]
South Korea -1.80 Dec/14 -1.50 3.47 -4.10 percent of GDP [+]
Spain -5.80 Dec/14 -6.80 2.00 -11.10 percent of GDP [+]
Switzerland -0.10 Dec/14 -0.10 2.20 -3.40 percent of GDP [+]
Turkey -1.30 Dec/14 -1.20 0.80 -33.00 percent of GDP [+]
United Kingdom -5.70 Dec/14 -5.70 3.60 -11.40 percent of GDP [+]
United States -2.80 Dec/14 -4.10 4.60 -12.10 percent of GDP [+]