Budgets in AfricaCountry profiles

Libya

Region: North Africa
Currency: Libyan dinar (LYD)
Population: 6.4 million
Capital: Tripoli
Ministry website: www.mof.gov.ly, www.planning.gov.ly
Fiscal year: January - December
Regional Economic Community: UMA

Key economic indicators
2012 2013 2014 2015 2016
GDP (constant 2003 LYD[billions]) 56.36 39.02 20.39 18.9 18.06
GDP (current LYD[billions]) 112.59 79.95 43.03 41.11 46.06
GDP growth (%) 106.52 -30.77 -47.74 -7.3 -4.43
GDP per capita (constant 2003 LYD) 8,968.88 6,226.68 3,257.43 2,989.66 2,829.07
GDP per capita (current LYD) 17,918.79 12,759.78 6,874.95 6,502.82 7,213.99
Inflation (CPI) (%) 6.07 2.59 2.43 9.84 27.11
General government revenue (% of GDP) 66.36 68.49 49.72 29.59 17.48
General government expenditure (% of GDP) 40.84 72.71 102.67 105.25 70.89
Budget balance (% of GDP) 25.52 -4.22 -52.95 -75.66 -53.41
Primary balance (% of GDP) 25.52 -4.22 -52.95 -75.66 -53.41
General government debt (% of GDP) 2.25 3.71 36.39 73.84 101.79

Budget documents

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