Government Debt to GDP in Libya decreased to -0.20 percent in 2019 from 2 percent in 2018. source: Central Bank of Lybia

Government Debt to GDP in Libya averaged 10.51 percent from 2003 until 2019, reaching an all time high of 21.20 percent in 2003 and a record low of -0.20 percent in 2019. This page provides - Libya Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Libya Government Debt to GDP - values, historical data and charts - was last updated on January of 2021.

Government Debt to GDP in Libya is expected to reach -10.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Libya Government Debt to GDP is projected to trend around -15.00 percent in 2021 and -12.00 percent in 2022, according to our econometric models.

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Libya Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-0.20 2.00 21.20 -0.20 2003 - 2019 percent Yearly

Libya Government Last Previous Highest Lowest Unit
Government Debt to GDP -0.20 2.00 21.20 -0.20 percent [+]
Government Budget 3.90 -43.00 38.20 -131.00 percent of GDP [+]
Credit Rating 15.00 [+]
Government Budget Value -11552.20 -9857.20 28625.70 -22271.20 LYD Million [+]
Government Revenues 57365.20 49143.60 72741.20 8845.20 LYD Million [+]
Fiscal Expenditure 45813.00 39286.40 65283.50 23366.50 LYD Million [+]


Libya Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.