Current account balance (% of GNP) in Libya
Libya: Current account balance (% of GNP) was 15.1% in 2009. ▼ Falling
Current account balance in Libya, 2005–2009
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in % of GNP.
Analysis
The most recent figure for current account balance in Libya is 15.1%, measured in 2009. That is the lowest value across all 5 years on record.
The figure is down 60.4% 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 (% of GNP) in Libya, year by year
| Year | % of GNP | Change |
|---|---|---|
| 2005 | 34.2% | — |
| 2006 | 38.5% | +12.7% |
| 2007 | 38.5% | -0.1% |
| 2008 | 38.2% | -0.8% |
| 2009 | 15.1% | -60.4% |
Libya compared with similar countries
- Libya's 15.1% is above the median for upper middle income countries, which is -1.6%. (6 countries reporting)
- Libya's 15.1% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is -4.4%. (6 countries reporting)
Countries ranked near Libya
More trade data for Libya
- Commodity Net Export Price Index, Individual Commodities Weighted by 66.39 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 86.13 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 85.76 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 63.22 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 99.57 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 82.34 (2025)
- Imports of low carbon technology products, Percent of GDP 0.7224 (2019)
- Imports of low carbon technology products, US dollar (World), per 71.96 units per person (2019)
- Imports of low carbon technology products, US dollar (World), per 0.0072 units per US$ of GDP (2019)
- Imports of low carbon technology products, US dollar (World), gaps 500.17 million (2019)
Frequently asked questions
- What is current account balance in Libya?
- Current account balance in Libya was 15.1% in 2009, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
- What is the highest current account balance recorded in Libya?
- The highest recorded value was 38.5% in 2006.
- What is the lowest current account balance recorded in Libya?
- The lowest recorded value was 15.1% in 2009.
- How does Libya rank for current account balance?
- Libya ranks 1st out of 41 countries with data for 2009.
- Where does this Libya data come from?
- The figures come from International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as part of Current account balance (% of GNP). Statizoid updates them automatically from the source API.
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About this data
Current account balance is the sum of net exports of goods, services, net income, and net current transfers. Data are in current U.S. dollars. Data are divided by GNP at market prices in U.S. dollars to facilitate comparison across economies.