Libya—Fiscal Balance (% of GDP)
Category: Fiscal & MonetarySource: IMF World Economic Outlook ↗Global Rank: #191 of 192Updated August 2026
Latest Value
-20.4%
2031
YoY Change
+4.7%
2030 → 2031
Global Rank
#191
of 192 countries
Maximum
30.4%
2005
Minimum
-31.1%
2025
Last
-20.4%
Previous
-21.4%
Highest
30.4%
Lowest
-31.1%
Unit
Percent of GDP
Source
IMF World Economic Outlook
Libya's fiscal balance (% of GDP) was -20.9% in 2026, ranking #191 out of 192 countries. This represents a +4.7% change from 2030. Over the past 27 years, the highest recorded value was 30.4% (2005) and the lowest was -31.1% (2025). The IMF WEO projects -20.4% by 2031. Data sourced from the IMF World Economic Outlook.
Libya's fiscal balance was -1.0% of GDP in 2026, ranking 47th globally, worsening from -10.0% the previous year.
Actual
IMF Forecast
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2031 | -20.4% | +4.7% |
| 2030 | -21.4% | +5.7% |
| 2029 | -22.7% | +5.0% |
| 2028 | -23.9% | -0.4% |
| 2027 | -23.8% | -13.9% |
| 2026 | -20.9% | +32.8% |
| 2025 | -31.1% | -20.1% |
| 2024 | -25.9% | -259.7% |
| 2023 | -7.2% | -130.5% |
| 2022 | 23.6% | +59.5% |
| 2021 | 14.8% | +166.4% |
| 2020 | -22.3% | -287.4% |
| 2019 | 11.9% | +26.6% |
| 2018 | 9.4% | +184.7% |
| 2017 | -11.1% | +62.1% |
| 2016 | -29.3% | -2.8% |
| 2015 | -28.5% | +6.6% |
| 2014 | -30.5% | -87.1% |
| 2013 | -16.3% | -166.3% |
| 2012 | 24.6% | +313.9% |
| 2011 | -11.5% | -200.0% |
| 2010 | 11.5% | +309.1% |
| 2009 | -5.5% | -119.9% |
| 2008 | 27.7% | -2.5% |
| 2007 | 28.4% | -2.4% |
| 2006 | 29.1% | -4.3% |
| 2005 | 30.4% | +169.0% |
| 2004 | 11.3% | +82.3% |
| 2003 | 6.2% | -11.4% |
| 2002 | 7.0% | +6900.0% |
| 2001 | 0.1% | -99.3% |
| 2000 | 13.6% |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | -20.9% | +32.8% |
| 2027Forecast | -23.8% | -13.9% |
| 2028Forecast | -23.9% | -0.4% |
| 2029Forecast | -22.7% | +5.0% |
| 2030Forecast | -21.4% | +5.7% |
| 2031Forecast | -20.4% | +4.7% |
Top Countries — Fiscal Balance (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Kuwait | 27.6% | 2026 |
| 2 | Naoero | 13.1% | 2026 |
| 3 | Norway | 10.2% | 2026 |
| 4 | Oman | 5.2% | 2026 |
| 5 | United Arab Emirates | 4.9% | 2026 |
| 6 | Lesotho | 4.2% | 2026 |
| 7 | Macao SAR, China | 4.2% | 2026 |
| 8 | Singapore | 3.3% | 2026 |
| 9 | Lebanon | 3.3% | 2025 |
| 10 | Liechtenstein | 3.0% | 2026 |
About This Indicator
Definition
General government net lending/borrowing as a percentage of GDP. A positive value indicates a fiscal surplus; negative indicates a deficit.
Methodology
Revenue minus expenditure minus net acquisition of nonfinancial assets, as a percentage of GDP. A comprehensive measure of the fiscal balance.
Unit
Percent of GDP