Libya Current Account Balance (US Dollars) Statistics

17, Jul 2019, EDT.

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Country or Region: Libya › Change country
Economic Indicator: Current Account Balance (US Dollars) › See all Libya indicators, › See Current Account Balance (US Dollars) 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. Source: Central Bank Latest actual data: 2014 BOP Manual used: Balance of Payments Manual, fifth edition (BPM5) Primary domestic currency: Libyan dinar Data last updated: 03/2016

Current Account Balance (US Dollars) Statistics for Libya , Year 2015 - In Detail

Current Account Balance (US Dollars) for Libya in year 2015 is US$ -16.703 Billion. 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. 175 in world rankings according to Current Account Balance (US Dollars) in year 2015. The world's average Current Account Balance (US Dollars) value is US$ 7.04 Billion; Libya is US$ 23.74 less than the average.

In the previous year, 2014, Current Account Balance (US Dollars) for Libya was US$ -12.36 Billion Current Account Balance (US Dollars) for Libya in 2015 was or will be 35.12% more than it was or will be in 2014.

In the following or forecasted year, 2016, Current Account Balance (US Dollars) for Libya was or will be US$-19.13 Billion, which is 14.51% more than the 2015 figure.

* Source: IMF
Current Account Balance (US Dollars) for Libya, in other Years
Year US$ Billion
  2021 -11.106
  2020 -11.558
  2019 -15.272
  2018 -17.645
  2017 -18.741
  2016 -19.127
2015 -16.703
  2014 -12.362
  2013 8.895
  2012 23.835
  2011 3.173
  2010 14.578
  2009 9.38
  2008 37.083
  2007 29.825
  2006 28.093
  2005 17.425
  2004 7.031
  2003 2.46
  2002 0.813
  2001 4.794
  2000 8.316
  1999 2.98
  1998 0.899
  1997 2.192
  1996 2.339
  1995 3.243
  1994 0.151
  1993 -0.844
  1992 1.791
  1991 0.432
  1990 2.147
  1989 -1.026
  1988 -1.826
  1987 -1.043
  1986 -0.166
  1985 1.906
  1984 -1.468
  1983 -1.643
  1982 -1.579
  1981 -3.963
  1980 8.215