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.

Government Debt to GDP in Libya is expected to be 13.00 percent by the end of this quarter, 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 10.00 percent in 2020, according to our econometric models.


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Libya Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
16.50 15.30 21.20 6.30 2003 - 2016 percent Yearly


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.

Libya Government Last Previous Highest Lowest Unit
Government Debt to GDP 16.50 15.30 21.20 6.30 percent [+]
Government Budget 3.90 -43.00 38.20 -131.00 percent of GDP [+]
Credit Rating 15.00 [+]
Government Budget Value -10354.40 -20193.20 28625.70 -26335.50 LYD Million [+]
Government Revenues 16705.40 22337.60 72741.20 8595.20 LYD Million [+]
Fiscal Expenditure 16897.00 32692.00 65283.50 16897.00 LYD Million [+]