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Libya · Current account (% GDP)

Libya Current account (% GDP)

The World Bank — World Development Indicators (CC BY 4.0) · updated 2023-12-31

Latest · 20234.24%
Previous · 202222.22%
Highest · 200741.91%
Lowest · 2014-33.18%

Libya's current account (% gdp) stands at 4.24% as of 2023-12-31, down from 22.22% in 2022. Historical data runs from 1977 to 2023 (47 observations).

Recent trend

In 2023, Libya's current account (% gdp) was 4.24%, down from 22.22% in 2022.

In 2022, Libya's current account (% gdp) was 22.22%, up from 16.11% in 2021.

In 2021, Libya's current account (% gdp) was 16.11%, up from -10.2% in 2020.

In 2020, Libya's current account (% gdp) was -10.2%, down from 6.96% in 2019.

In 2019, Libya's current account (% gdp) was 6.96%, down from 14.7% in 2018.

Libya Current account (% GDP) — historical data

YearValueChange
20234.24%-17.98%
202222.22%+6.1%
202116.11%+26.32%
2020-10.2%-17.16%
20196.96%-7.75%
201814.7%+8.11%
20176.59%+16.02%
2016-9.43%+9.76%
2015-19.18%+13.99%
2014-33.18%-33.19%
20130.0127%-25.74%
201225.76%+19.13%
20116.63%-15.66%
201022.29%+6.86%
200915.43%-25.75%
200841.17%-0.7333%
200741.91%+5.01%
200636.89%+5.32%
200531.57%+17.64%
200413.94%+0.9839%
200312.95%+9.56%
20023.39%-6.38%
20019.77%-6.62%
200016.38%+10.45%
19995.94%+6.7%
1998-0.7675%-5.87%
19975.1%+0.6644%
19964.44%-2.11%
19956.55%+6.45%
19940.0923%+4.55%
1993-4.45%-8.61%
19924.15%+4.84%
1991-0.6848%-8.3%
19907.62%+11.7%
1989-4.08%+3.43%
1988-7.51%-3.63%
1987-3.88%-3.24%
1986-0.6425%-6.69%
19856.05%+10.99%
1984-4.94%+0.0083%
1983-4.95%-0.3302%
1982-4.62%+6.28%
1981-10.9%-30.95%
198020.06%+7.71%
197912.35%+9.02%
19783.33%-6.29%
19779.63%

The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).

More Libya data

Frequently asked questions

What is Libya's current account (% gdp)?

Libya's current account (% gdp) is 4.24% as of 2023-12-31, compared with 22.22% in 2022. The World Bank — World Development Indicators (CC BY 4.0)

What was the highest current account (% gdp) in Libya?

The highest recorded value is 41.91% (2007); the lowest is -33.18% (2014), across data from 1977 to 2023.

Where does this data come from?

The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.