Libya Government Debt to GDP

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	Last	Previous	Highest	Lowest	Unit
Government Debt to GDP	16.50	15.30	21.20	6.30	percent	[+]
Government Budget	-7.40	-43.00	38.20	-131.00	percent of GDP	[+]
Credit Rating	15.00					[+]
Military Expenditure	6320.00	6830.00	6830.00	895.00	USD Million	[+]
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	[+]

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. This page provides - Libya Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Libya Government Debt to GDP - actual data, historical chart and calendar of releases - was last updated on May of 2019.

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

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Country	Last		Previous	Range
Japan	253.00	Dec/17	250	253 : 50.6	%
Italy	132.20	Dec/18	131	132 : 90.5	%
Singapore	112.20	Dec/18	111	112 : 67.4	%
United States	105.40	Dec/17	106	119 : 31.7	%
France	98.40	Dec/18	98.4	98.4 : 20.7	%
Spain	97.10	Dec/18	98.1	100 : 16.6	%
Canada	90.60	Dec/18	89.7	101 : 45.1	%
Argentina	86.20	Dec/18	56.6	167 : 34.5	%
Euro Area	85.10	Dec/18	87.1	92 : 65	%
United Kingdom	84.70	Dec/18	85.1	85.1 : 21.8	%
Brazil	77.22	Dec/18	74.07	77.22 : 51.27	%
India	68.70	Dec/17	69.6	84.2 : 66	%
Germany	60.90	Dec/18	64.5	81.8 : 54.8	%
South Africa	55.80	Dec/18	53.1	55.8 : 27.8	%
Netherlands	52.40	Dec/18	57	73.1 : 43	%
China	47.60	Dec/17	44.3	47.6 : 20.4	%
Mexico	46.00	Dec/18	46	48.2 : 17.9	%
Australia	40.70	Dec/18	40.7	40.7 : 9.7	%
South Korea	36.60	Dec/18	36.3	39.9 : 8.24	%
Indonesia	29.80	Dec/18	28.7	87.43 : 22.96	%
Switzerland	29.70	Dec/17	29.1	48.9 : 25.1	%
Turkey	28.30	Dec/17	28.3	76.1 : 27.6	%
Saudi Arabia	19.10	Dec/18	17.2	104 : 1.6	%
Russia	13.50	Dec/17	12.9	92.1 : 6.5	%