Libya recorded a government debt equivalent to 16.50 percent of the country's Gross Domestic Product in 2016.
Government Debt to GDP in Libya averaged 11.89 percent from 2003 until 2016, reaching an all time high of 21.20 percent in 2003 and a record low of 6.30 percent in 2008. 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 August of 2020.
Government Debt to GDP in Libya is expected to reach 45.00 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 50.00 percent in 2021 and 34.00 percent in 2022, according to our econometric models.