Total current account debit/expenditure, Debit/Expenditure in Libya
Libya: Total current account debit/expenditure, Debit/Expenditure was 40.00 billion in 2023. ▲ Rising
Total current account debit/expenditure, Debit/Expenditure in Libya, 2005–2023
Source: International Monetary Fund.
Analysis
The most recent figure for total current account debit/expenditure, debit/expenditure in Libya is 40.00 billion, measured in 2023.
The figure is up 24.4% on the previous year and down 17.7% over ten years.
Over the whole period, total current account debit/expenditure, debit/expenditure in Libya peaked at 48.58 billion in 2013 and was at its lowest, 12.79 billion, in 2016.
Libya ranks 77th of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Total current account debit/expenditure, Debit/Expenditure in Libya, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 16.69 billion | — |
| 2006 | 19.62 billion | +17.5% |
| 2007 | 23.64 billion | +20.5% |
| 2008 | 30.97 billion | +31.0% |
| 2009 | 30.52 billion | -1.5% |
| 2010 | 34.86 billion | +14.2% |
| 2011 | 17.42 billion | -50.0% |
| 2012 | 39.73 billion | +128.1% |
| 2013 | 48.58 billion | +22.3% |
| 2014 | 40.27 billion | -17.1% |
| 2015 | 22.39 billion | -44.4% |
| 2016 | 12.79 billion | -42.9% |
| 2017 | 16.99 billion | +32.8% |
| 2018 | 20.98 billion | +23.5% |
| 2019 | 27.77 billion | +32.4% |
| 2020 | 15.61 billion | -43.8% |
| 2021 | 27.71 billion | +77.6% |
| 2022 | 32.16 billion | +16.0% |
| 2023 | 40.00 billion | +24.4% |
Libya compared with similar countries
- Libya's 40.00 billion is above the median for upper middle income countries, which is 22.86 billion, 1.7× the median. (54 countries reporting)
- Libya's 40.00 billion is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 64.90 billion, 62% of the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.29 billion | 16.69 billion | 30.97 billion | 5 |
| 2010s | 28.18 billion | 12.79 billion | 48.58 billion | 10 |
| 2020s | 28.87 billion | 15.61 billion | 40.00 billion | 4 |
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 total current account debit/expenditure, debit/expenditure in Libya?
- Total current account debit/expenditure, debit/expenditure in Libya was 40.00 billion in 2023, according to International Monetary Fund.
- What is the highest total current account debit/expenditure, debit/expenditure recorded in Libya?
- The highest recorded value was 48.58 billion in 2013.
- What is the lowest total current account debit/expenditure, debit/expenditure recorded in Libya?
- The lowest recorded value was 12.79 billion in 2016.
- How does Libya rank for total current account debit/expenditure, debit/expenditure?
- Libya ranks 77th out of 197 countries with data for 2023.
- Is total current account debit/expenditure, debit/expenditure rising or falling in Libya?
- Over the last ten years it is down 17.7%. The long-run trend across the full record is rising.
- Where does this Libya data come from?
- The figures come from International Monetary Fund, published as part of Total current account debit/expenditure, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.