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Libya - Current account balance

2.6 (billion US dollars) in 2017

Current account balance of Libya sank by 156.26% from -4.6 billion US dollars in 2016 to 2.6 billion US dollars in 2017. Since the 651.24% jump in 2012, current account balance plummeted by 89.20% in 2017.

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What is current account balance?

Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

What is Libya current account balance?

Date Value Change, %
2017 2.6 -156.26%
2016 -4.6 -51.05%
2015 -9.3 -50.90%
2014 -19.0 -190,430.00%
2013 0.0 -99.96%
2012 23.8 651.24%
2011 3.2 -78.23%
2010 14.6 55.42%
2009 9.4 -74.71%
2008 37.1 24.34%
2007 29.8 6.17%
2006 28.1

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