Current account balance in US dollars — all countries

Current account balance in US dollars — Libya

Current account balance in US dollars in Libya in 2031 — 0.51 bn US$. Ranked 55 in the world out of 187. Since 1980, the indicator has fallen by 93.8%.

2031 0.51 bn US$ +11.3% vs 2030
World rank 55of 187
Period maximum 37.08 bn US$2008
Period minimum -19 bn US$2014

Trend over time

1980–2031 · billion US$

Current account balance in US dollars — Libya, 1980–2031-200204019801986199219982004201020162022202820311980: 8.22 bn US$1981: -3.96 bn US$1982: -1.58 bn US$1983: -1.64 bn US$1984: -1.47 bn US$1985: 1.91 bn US$1986: -0.17 bn US$1987: -1.04 bn US$1988: -1.83 bn US$1989: -1.03 bn US$1990: 2.15 bn US$1991: 0.43 bn US$1992: 1.79 bn US$1993: -0.84 bn US$1994: 0.15 bn US$1995: 0.23 bn US$1996: -0.84 bn US$1997: -0.83 bn US$1998: -1.06 bn US$1999: 0.35 bn US$2000: 4.31 bn US$2001: 1.5 bn US$2002: -2.15 bn US$2003: -3.44 bn US$2004: 7.03 bn US$2005: 17.43 bn US$2006: 28.09 bn US$2007: 29.83 bn US$2008: 37.08 bn US$2009: 9.38 bn US$2010: 14.58 bn US$2011: 3.17 bn US$2012: 23.84 bn US$2013: 0.01 bn US$2014: -19 bn US$2015: -9.21 bn US$2016: -4.7 bn US$2017: 4.41 bn US$2018: 11.27 bn US$2019: 4.64 bn US$2020: -4.79 bn US$2021: 4 bn US$2022: 9.63 bn US$2023: 1.86 bn US$2024: -2.19 bn US$2025: -1.69 bn US$2026: 2.18 bn US$2027: 0.83 bn US$2028: 0.45 bn US$2029: 0.51 bn US$2030: 0.46 bn US$2031: 0.51 bn US$
Change over the period: −7.7 (−93.77%) Average annual rate: -5.3 %

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Libya

Libya 0.51 bn US$
World computed 458.47 bn US$
Middle East & North Africa computed 66.74 bn US$
Northern Africa computed -40.57 bn US$
Upper-middle-income countries computed 583.33 bn US$
Current account balance in US dollars — Libya, by year Libya All countries CSV XLSX
Year bn US$ Change Change, %
2031 0.51 +0.05 +11.3%
2030 0.46 −0.05 −10.51%
2029 0.51 +0.06 +13.47%
2028 0.45 −0.37 −45.16%
2027 0.83 −1.36 −62.14%
2026 2.18 +3.87 +229.42%
2025 -1.69 +0.5 +22.98%
2024 -2.19 −4.05 −217.44%
2023 1.86 −7.77 −80.64%
2022 9.63 +5.63 +140.6%
2021 4 +8.79 +183.57%
2020 -4.79 −9.43 −203.23%
2019 4.64 −6.64 −58.85%
2018 11.27 +6.86 +155.41%
2017 4.41 +9.12 +193.84%
2016 -4.7 +4.5 +48.9%
2015 -9.21 +9.8 +51.56%
2014 -19 −19.01 −190,110%
2013 0.01 −23.83 −99.96%
2012 23.84 +20.66 +651.24%
2011 3.17 −11.41 −78.23%
2010 14.58 +5.2 +55.42%
2009 9.38 −27.7 −74.71%
2008 37.08 +7.26 +24.34%
2007 29.83 +1.73 +6.17%
2006 28.09 +10.67 +61.22%
2005 17.43 +10.39 +147.83%
2004 7.03 +10.47 +304.51%
2003 -3.44 −1.29 −59.91%
2002 -2.15 −3.65 −243.72%
2001 1.5 −2.82 −65.3%
2000 4.31 +3.96 +1,128.21%
1999 0.35 +1.41 +133.24%
1998 -1.06 −0.23 −27.23%
1997 -0.83 +0.01 +0.95%
1996 -0.84 −1.07 −464.35%
1995 0.23 +0.08 +52.32%
1994 0.15 +1 +117.89%
1993 -0.84 −2.64 −147.12%
1992 1.79 +1.36 +314.58%
1991 0.43 −1.72 −79.88%
1990 2.15 +3.17 +309.26%
1989 -1.03 +0.8 +43.81%
1988 -1.83 −0.78 −75.07%
1987 -1.04 −0.88 −528.31%
1986 -0.17 −2.07 −108.71%
1985 1.91 +3.37 +229.84%
1984 -1.47 +0.18 +10.65%
1983 -1.64 −0.06 −4.05%
1982 -1.58 +2.38 +60.16%
1981 -3.96 −12.18 −148.24%
1980 8.22

Northern Africa, 2031

The same indicator for neighboring countries — with links to their pages

About the indicator

The current account balance in billions of US dollars: trade in goods and services, income from investment and labor, and current transfers, all together. A positive value means a country exports capital, a negative one that it imports it. By definition the sum over all countries of the world should be zero, but in practice it fails to balance by several hundred billion: the discrepancy comes from countries recording the same flows differently.

Important: The same indicator as a percent of GDP is available separately, and for comparing countries it suits better. The absolute value is needed to see the scale of the flows in the world economy.

Source: World Economic Outlook (IMF), license IMF open data.