Libya recorded a Current Account surplus of 5733.10 LYD Million in 2019.

Current Account in Libya averaged 7371.36 LYD Million from 1992 until 2019, reaching an all time high of 45983 LYD Million in 2008 and a record low of -24172.30 LYD Million in 2014. This page provides - Libya Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Libya Current Account - values, historical data and charts - was last updated on August of 2020.

Current Account in Libya is expected to reach -4000.00 LYD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Libya Current Account is projected to trend around -3.60 LYD Million in 2021, according to our econometric models.

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Libya Current Account

Actual Previous Highest Lowest Dates Unit Frequency
5733.10 15389.50 45983.00 -24172.30 1992 - 2019 LYD Million Yearly

Libya Trade Last Previous Highest Lowest Unit
Balance of Trade 14753.80 21897.10 51089.00 -7687.60 LYD Million [+]
Current Account 5733.10 15389.50 45983.00 -24172.30 LYD Million [+]
Current Account to GDP -0.20 1.50 55.20 -41.80 percent [+]
Imports 24034.10 18815.40 43242.90 2106.00 LYD Million [+]
Exports 38787.90 40712.50 77027.00 2449.00 LYD Million [+]
Capital Flows -4566.60 -3872.80 514.90 -23905.00 LYD Million [+]
Gold Reserves 116.60 116.64 143.82 116.60 Tonnes [+]
Crude Oil Production 93.00 80.00 2370.00 7.00 BBL/D/1K [+]
Terrorism Index 6.77 6.99 7.29 0.00 [+]
Foreign Direct Investment -482.50 -376.10 2680.00 -3358.00 LYD Million [+]


Libya Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).