Libya recorded a Current Account deficit of 5514 LYD Million in 2020. source: Central Bank of Lybia

Current Account in Libya averaged 6997.44 LYD Million from 1992 until 2020, reaching an all time high of 45983 LYD Million in 2008 and a record low of -24172.30 LYD Million in 2014. This page provides - Libya Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Libya Current Account - values, historical data and charts - was last updated on December of 2022.

Current Account in Libya is expected to reach -3800.00 LYD Million by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Libya Current Account is projected to trend around -4200.00 LYD Million in 2023 and -2700.00 LYD Million in 2024, according to our econometric models.

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Libya Current Account

Related Last Previous Unit Reference
Balance of Trade 3168.60 15848.80 LYD Million Dec 2020
Current Account to GDP 21.60 -20.70 percent of GDP Dec 2021
Current Account -5514.00 6737.10 LYD Million Dec 2020
Exports 14294.50 40640.20 LYD Million Dec 2020
Imports 11125.80 24791.40 LYD Million Dec 2020
Foreign Direct Investment -487.20 376.50 LYD Million Dec 2020

Libya Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).
Actual Previous Highest Lowest Dates Unit Frequency
-5514.00 6737.10 45983.00 -24172.30 1992 - 2020 LYD Million Yearly