Libya General government revenue (% of GDP) Statistics

15, Nov 2019, EST.

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Country or Region: Libya › Change country
Economic Indicator: General government revenue (% of GDP) › See all Libya indicators, › See General government revenue (% of 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

Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. See notes for: General government revenue (National currency).

General government revenue (% of GDP) Statistics for Libya , Year 2015 - In Detail

General government revenue (% of GDP) for Libya in year 2015 is 22.297 %. Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

This makes Libya No. 130 in world rankings according to General government revenue (% of GDP) in year 2015. The world's average General government revenue (% of GDP) value is 30.23 %; Libya is 7.93 less than the average.

In the previous year, 2014, General government revenue (% of GDP) for Libya was 37.86 % General government revenue (% of GDP) for Libya in 2015 was or will be 41.10% less than it was or will be in 2014.

In the following or forecasted year, 2016, General government revenue (% of GDP) for Libya was or will be 16.83 %, which is 24.51% less than the 2015 figure.

* Source: IMF
General government revenue (% of GDP) for Libya, in other Years
Year %
  2021 34.3
  2020 32.282
  2019 28.531
  2018 25.585
  2017 22.904
  2016 16.832
2015 22.297
  2014 37.857
  2013 65.206
  2012 72.299
  2011 39.111
  2010 64.931
  2009 52.889
  2008 68.368
  2007 62.28
  2006 62.961
  2005 60.41
  2004 54.047
  2003 49.421
  2002 49.4
  2001 38.234
  2000 41.704
  1999 33.695
  1998 31.473
  1997 33.252
  1996 43.427
  1995 32.466
  1994 26.692
  1993 25.226
  1992 26.58
  1991 37.038
  1990 34.419
  1989 n/a
  1988 n/a
  1987 n/a
  1986 n/a
  1985 n/a
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a