Libya Current Account Balance (% GDP) Statistics

26, Mar 2019, EDT.

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Country or Region: Libya › Change country
Economic Indicator: Current Account Balance (% GDP) › See all Libya indicators, › See Current Account Balance (% GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Libyan Dinar
Currency Symbol: LYD

Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income. See notes for: Gross domestic product, current prices (National currency) Current account balance (U.S. dollars).

Current Account Balance (% GDP) Statistics for Libya , Year 2015 - In Detail

Current Account Balance (% GDP) for Libya in year 2015 is -43.611 %. Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

This makes Libya No. 188 in world rankings according to Current Account Balance (% GDP) in year 2015. The world's average Current Account Balance (% GDP) value is -4.12 %; Libya is 39.49 less than the average.

In the previous year, 2014, Current Account Balance (% GDP) for Libya was -27.83 % Current Account Balance (% GDP) for Libya in 2015 was or will be 56.69% more than it was or will be in 2014.

In the following or forecasted year, 2016, Current Account Balance (% GDP) for Libya was or will be -48.65 %, which is 11.56% more than the 2015 figure.

* Source: IMF
Current Account Balance (% GDP) for Libya, in other Years
Year %
  2021 -15.092
  2020 -16.491
  2019 -25.557
  2018 -33.163
  2017 -39.217
  2016 -48.651
2015 -43.611
  2014 -27.832
  2013 13.469
  2012 29.1
  2011 9.144
  2010 19.496
  2009 14.883
  2008 42.509
  2007 44.061
  2006 51.112
  2005 36.812
  2004 21.309
  2003 9.394
  2002 3.971
  2001 14.053
  2000 21.729
  1999 8.283
  1998 3.002
  1997 6
  1996 6.554
  1995 9.92
  1994 0.523
  1993 -2.731
  1992 5.213
  1991 1.274
  1990 7.006
  1989 -3.857
  1988 -7.284
  1987 -4.677
  1986 -0.692
  1985 6.476
  1984 -4.903
  1983 -5.139
  1982 -4.707
  1981 -11.78
  1980 21.095