Libya
Government debt in Libya
Government debt in Libya: 71.2% of GDP in 1990 and 153.8% of GDP in 2025, by IMF estimates.
- Latest, 2025
- 153.8% of GDP
- Since 1990
- +82.6 percentage points
- Rank, 2025
- 1 of 149
- counting from the highest
- Projected, 2031
- 174.4% of GDP
- IMF projection (World Economic Outlook, October 2026)
% of GDP · IMF
What the numbers say
- The IMF projection (World Economic Outlook, October 2026) puts it at 174.4% of GDP in 2031.
- The highest was 238% of GDP in 2020, the lowest 1.4% of GDP in 2009.
Every year
% of GDP · IMF
| Year | Libya |
|---|---|
| 2025 | 153.8 |
| 2024 | 115.3 |
| 2023 | 91.6 |
| 2022 | 77.6 |
| 2021 | 98.4 |
| 2020 | 238 |
| 2019 | 110.3 |
| 2018 | 95.9 |
| 2017 | 91.8 |
| 2016 | 89.5 |
| 2015 | 69.4 |
| 2014 | 60.2 |
| 2013 | 25.9 |
| 2012 | 2.7 |
| 2011 | 4.2 |
| 2010 | 12 |
| 2009 | 1.4 |
| 2008 | 2.5 |
| 2007 | 3.4 |
| 2006 | 2.7 |
| 2005 | 3.2 |
| 2004 | 4 |
| 2003 | 26.3 |
| 2002 | 34 |
| 2001 | 41.8 |
| 2000 | 42.4 |
| 1999 | 55.3 |
| 1998 | 67.7 |
| 1997 | 63.6 |
| 1996 | 67.2 |
| 1995 | 59.7 |
| 1994 | 61.4 |
| 1993 | 64.3 |
| 1992 | 62.8 |
| 1991 | 64.9 |
| 1990 | 71.2 |
IMF projection (World Economic Outlook, October 2026) · 2026–2031
| Year | Libya |
|---|---|
| 2026 | 125.2 |
| 2027 | 132.1 |
| 2028 | 149.2 |
| 2029 | 158.6 |
| 2030 | 166.5 |
| 2031 | 174.4 |
Good to know
- What the government owes, as a share of the economy’s yearly output.
- Source: IMF, World Economic Outlook, October 2026.
- The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
- Ranks count the 149 countries with a value in 2025, highest first.
How the layers work, where their data comes from and what they can’t tell you: Countries through time
Libya in numbers
Every measure for Libya on one page
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Military
- Military spending3.57% of GDP in 2023
- Military spending in US dollars$1.6B in 2023
- Military spending per person$216 in 2023
- Military share of state spending5.5% of government spending in 2023
- Armed forces personnel0 people in 2020
- National power0.08% of world capability in 2022
- Armed forces, share of workers0% of the labour force in 2020
- Arms imports5 million TIV in 2024
- Arms exports0 TIV in 2016