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Libya

Region: North Africa
Currency: Libyan dinar (LYD)
Population: 6.4 million
Capital: Tripoli
Ministry website: www.mof.gov.ly
Fiscal year: January - December
Regional Economic Community: COMESA, CEN-SAD, UMA
Key Budget Indicators Over Time
2014 2015 2016 2017 2018
GDP (constant 2003 LYD[billions]) 15.54 13.51 12.51 20.53 24.19
GDP (current LYD[billions]) 30.87 23.78 25.79 41.86 57.4
GDP growth (%) -53.02 -13.02 -7.39 64.01 17.88
GDP per capita (constant 2003 LYD) 2,482.12 2,137.52 1,960.01 3,182.9 3,714.87
GDP per capita (current LYD) 4,932.27 3,761.48 4,038.78 6,490.77 8,813.43
Inflation (CPI) (%) 2.43 14.85 24.01 28.05 -1.2
General government revenue (% of GDP) 69.3 51.15 31.7 52.41 85.65
General government expenditure (% of GDP) 143.11 181.95 144.88 95.87 85.84
Budget balance (% of GDP) -73.81 -130.8 -113.18 -43.46 -0.19
Primary balance (% of GDP) -73.81 -130.8 -113.18 -43.46 -0.19
General government debt (% of GDP) 0 0 0 0 0
Population (millions) 6.26 6.32 6.39 6.45 6.51

Country budget information

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