Current account balance excluding net official capital grants in Libya

Libya: Current account balance excluding net official capital grants was 15.0% in 2009. ▼ Falling

Latest (2009)
15.0%
Change on year
down 60.7%
World rank
1st
of 41 countries
All-time high
39.7%
in 2007
All-time low
15.0%
in 2009
Years of data
5
2005–2009

Current account balance excluding net official capital grants in Libya, 2005–2009

0102030402005200720092005: 34 % of GDP2006: 39.2 % of GDP2007: 39.7 % of GDP2008: 38.3 % of GDP2009: 15 % of GDP

Source: World Bank country economists. Measured in % of GDP.

Analysis

In 2009, current account balance excluding net official capital grants in Libya stood at 15.0%. That is the lowest value across all 5 years on record.

Compared with earlier readings it is down 60.7% on the previous year and down 55.7% over five years.

That places Libya 1st out of 41 countries with data for 2009, putting it in the top 10%.

Current account balance excluding net official capital grants in Libya, year by year

Annual values for Current account balance excluding net official capital grants (% of GDP) in Libya, 2005 to 2009.
Year % of GDP Change
2005 34.0%
2006 39.2% +15.6%
2007 39.7% +1.2%
2008 38.3% -3.5%
2009 15.0% -60.7%

Countries ranked near Libya

  1. 2 Angola 12.5% compare
  2. 3 Algeria 10.4% compare
  3. 4 Gambia 7.5% compare

See the full ranking of 47 places →

More trade data for Libya

All data for Libya →

Frequently asked questions

What is current account balance excluding net official capital grants in Libya?
Current account balance excluding net official capital grants in Libya was 15.0% in 2009, according to World Bank country economists.
What is the highest current account balance excluding net official capital grants recorded in Libya?
The highest recorded value was 39.7% in 2007.
What is the lowest current account balance excluding net official capital grants recorded in Libya?
The lowest recorded value was 15.0% in 2009.
How does Libya rank for current account balance excluding net official capital grants?
Libya ranks 1st out of 41 countries with data for 2009.
Where does this Libya data come from?
The figures come from World Bank country economists, published as part of Current account balance excluding net official capital grants (% of GDP). Statizoid updates them automatically from the source API.

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Current account balance excluding net official capital grants in Libya. Statizoid, drawing on World Bank country economists. Retrieved 07 September 2026, from https://trade.statizoid.com/stat/current-account-balance-excluding-net-official-capital-grants-percent-of-gdp/libya/

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About this data

Indicator
Current account balance excluding net official capital grants (% of GDP)
Unit
% of GDP
Source
World Bank country economists
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
47 places, 313 data points, 2005–2011
Last refreshed

Current account balance is the sum of net exports of goods, services, net income, and net current transfers. This is divided by GDP at market prices, with both series expressed in current U.S. dollars.