Current account balance — all countries

Current account balance — Libya

Current account balance in Libya in 2031 — 1%. Ranked 54 in the world out of 188. Since 1980, the indicator has fallen by 19.4 pp.

2031 1% +0.1 pp vs 2030
World rank 54of 188
Period maximum 46.7%2006
Period minimum -33.1%2014

Trend over time

1980–2031 · % of GDP

Current account balance — Libya, 1980–2031-40-20020406019801986199219982004201020162022202820311980: 20.4%1981: -11.4%1982: -4.6%1983: -5%1984: -4.8%1985: 6.3%1986: -0.7%1987: -4.5%1988: -7.1%1989: -3.7%1990: 6.8%1991: 1.2%1992: 5.1%1993: -2.6%1994: 0.5%1995: 0.7%1996: -2.3%1997: -2.2%1998: -3.4%1999: 0.9%2000: 10.9%2001: 4.3%2002: -10.2%2003: -12.7%2004: 20.6%2005: 35.7%2006: 46.7%2007: 43.7%2008: 42.7%2009: 15.4%2010: 19.3%2011: 6.6%2012: 25.8%2013: 0%2014: -33.1%2015: -18.9%2016: -9.4%2017: 6.6%2018: 14.7%2019: 6.7%2020: -10.2%2021: 11.4%2022: 22.2%2023: 4.2%2024: -4.4%2025: -3.8%2026: 4.2%2027: 1.6%2028: 0.9%2029: 1%2030: 0.9%2031: 1%
Change over the period: −19.4 pp Annual average: -0.38 pp

Comparison, 2031

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

Libya 1%
World computed 0.28%
Northern Africa computed -2.8%
Current account balance — Libya, by year Libya All countries CSV XLSX
Year % Change, pp
2031 1 +0.1 pp
2030 0.9 −0.1 pp
2029 1 +0.1 pp
2028 0.9 −0.7 pp
2027 1.6 −2.6 pp
2026 4.2 +8 pp
2025 -3.8 +0.6 pp
2024 -4.4 −8.6 pp
2023 4.2 −18 pp
2022 22.2 +10.8 pp
2021 11.4 +21.6 pp
2020 -10.2 −16.9 pp
2019 6.7 −8 pp
2018 14.7 +8.1 pp
2017 6.6 +16 pp
2016 -9.4 +9.5 pp
2015 -18.9 +14.2 pp
2014 -33.1 −33.1 pp
2013 0 −25.8 pp
2012 25.8 +19.2 pp
2011 6.6 −12.7 pp
2010 19.3 +3.9 pp
2009 15.4 −27.3 pp
2008 42.7 −1 pp
2007 43.7 −3 pp
2006 46.7 +11 pp
2005 35.7 +15.1 pp
2004 20.6 +33.3 pp
2003 -12.7 −2.5 pp
2002 -10.2 −14.5 pp
2001 4.3 −6.6 pp
2000 10.9 +10 pp
1999 0.9 +4.3 pp
1998 -3.4 −1.2 pp
1997 -2.2 +0.1 pp
1996 -2.3 −3 pp
1995 0.7 +0.2 pp
1994 0.5 +3.1 pp
1993 -2.6 −7.7 pp
1992 5.1 +3.9 pp
1991 1.2 −5.6 pp
1990 6.8 +10.5 pp
1989 -3.7 +3.4 pp
1988 -7.1 −2.6 pp
1987 -4.5 −3.8 pp
1986 -0.7 −7 pp
1985 6.3 +11.1 pp
1984 -4.8 +0.2 pp
1983 -5 −0.4 pp
1982 -4.6 +6.8 pp
1981 -11.4 −31.8 pp
1980 20.4

Northern Africa, 2031

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

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

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