Libya - Budget Deficit 1996
11.32%
+7.52% from 1995
Libya's budget deficit was 11.32% in 1996, increased +7.52% from 3.80% in 1995. This was the 132nd highest globally.
Global Ranking - 1996▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Lebanon | -25.69% | -88.3% |
| 2nd | Kiribati | -20.25% | -293.7% |
| 3rd | Eritrea | -18.40% | 19.8% |
| 4th | Cabo Verde | -11.22% | -0.8% |
| 5th | Slovak Republic | -9.72% | -183.6% |
| 6th | Seychelles | -9.69% | -275.7% |
| 7th | Kyrgyz Republic | -9.10% | 32.7% |
| 8th | Qatar | -8.73% | -51.0% |
| 9th | Brunei Darussalam | -8.70% | 56.0% |
| 10th | Burundi | -8.62% | -131.8% |
| 11th | Greece | -8.35% | 15.4% |
| 12th | Cambodia | -7.53% | - |
| 13th | Moldova | -7.42% | -187.4% |
| 14th | Sri Lanka | -6.89% | 3.1% |
| 15th | Mongolia | -6.88% | -38.5% |
| 16th | India | -6.71% | 1.6% |
| 17th | Italy | -6.61% | 8.2% |
| 18th | Equatorial Guinea | -6.36% | 94.9% |
| 19th | Georgia | -5.91% | -20.9% |
| 20th | Spain | -5.87% | 13.6% |
| 21st | Ghana | -5.61% | -24.2% |
| 22nd | Jamaica | -5.25% | -442.0% |
| 23rd | Tunisia | -5.18% | -14.4% |
| 24th | Rwanda | -5.01% | -145.3% |
| 25th | Japan | -4.87% | -13.3% |
| 26th | Poland | -4.82% | -10.2% |
| 27th | Romania | -4.74% | -42.7% |
| 28th | Portugal | -4.63% | 9.9% |
| 29th | Croatia | -4.41% | -4.2% |
| 30th | Austria | -4.38% | 29.0% |
| 31st | Hungary | -4.36% | 49.1% |
| 32nd | Pakistan | -4.33% | -11.2% |
| 33rd | Costa Rica | -4.32% | -17.3% |
| 34th | Belgium | -4.00% | 11.2% |
| 35th | Madagascar | -3.97% | 22.0% |
| 36th | France | -3.89% | 23.7% |
| 37th | Namibia | -3.70% | -112.3% |
| 38th | Mexico | -3.66% | -60.4% |
| 39th | United Kingdom | -3.65% | 26.9% |
| 40th | Germany | -3.64% | 61.4% |
| 41st | Lithuania | -3.58% | -8.3% |
| 42nd | Fiji | -3.46% | -543.6% |
| 43rd | Ecuador | -3.44% | -70.0% |
| 44th | Comoros | -3.43% | 17.0% |
| 45th | Finland | -3.37% | 43.6% |
| 46th | Togo | -3.26% | -9.8% |
| 47th | Saudi Arabia | -3.25% | 36.6% |
| 48th | Jordan | -3.25% | -89.0% |
| 49th | Sweden | -3.11% | 55.7% |
| 50th | Ukraine | -3.09% | 34.5% |
| 51st | Canada | -3.05% | 44.4% |
| 52nd | Grenada | -3.02% | -554.9% |
| 53rd | Czechia | -2.98% | 75.8% |
| 54th | Cyprus | -2.96% | -315.2% |
| 55th | Chad | -2.86% | 8.4% |
| 56th | Syrian Arab Republic | -2.83% | 25.8% |
| 57th | Argentina | -2.81% | -35.5% |
| 58th | El Salvador | -2.70% | -1,426.6% |
| 59th | Sudan | -2.61% | 25.0% |
| 60th | Colombia | -2.50% | -149.7% |
| 61st | Denmark | -2.40% | 31.6% |
| 62nd | Aruba | -2.34% | -180.9% |
| 63rd | St. Kitts and Nevis | -2.27% | -352.2% |
| 64th | Azerbaijan | -2.25% | -68.1% |
| 65th | Guinea | -2.20% | -105.5% |
| 66th | Mozambique | -2.07% | 15.6% |
| 67th | Bangladesh | -2.02% | -434.5% |
| 68th | Switzerland | -2.01% | -8.4% |
| 69th | Maldives | -2.01% | 64.4% |
| 70th | Netherlands | -1.91% | 78.2% |
| 71st | Bolivia, Plurinational State of | -1.90% | -4.6% |
| 72nd | Vanuatu | -1.78% | 31.3% |
| 73rd | Djibouti | -1.77% | 65.6% |
| 74th | Belize | -1.76% | - |
| 75th | Burkina Faso | -1.67% | 37.0% |
| 76th | Antigua and Barbuda | -1.61% | 58.6% |
| 77th | Dominica | -1.59% | 44.8% |
| 78th | Uzbekistan | -1.57% | 11.2% |
| 79th | Iceland | -1.52% | 47.1% |
| 80th | Australia | -1.46% | 44.1% |
| 81st | Slovenia | -1.16% | 85.9% |
| 82nd | Central African Republic | -1.06% | 78.1% |
| 83rd | Eswatini | -0.97% | -210.9% |
| 84th | Estonia | -0.93% | -262.3% |
| 85th | Yemen, Republic of | -0.92% | 84.0% |
| 86th | Iran, Islamic Republic of | -0.75% | 71.5% |
| 87th | China | -0.73% | 22.4% |
| 88th | St. Lucia | -0.57% | -330.8% |
| 89th | Congo, Democratic Republic of | -0.56% | - |
| 90th | Kenya | -0.49% | -113.0% |
| 91st | Trinidad and Tobago | -0.46% | -372.2% |
| 92nd | Niger | -0.36% | 88.7% |
| 93rd | Ireland | -0.20% | 90.5% |
| 94th | Bahamas, The | -0.15% | -185.6% |
| 95th | Benin | -0.15% | 94.3% |
| 96th | Guatemala | 0.04% | 107.0% |
| 97th | Honduras | 0.13% | 152.0% |
| 98th | Bahrain | 0.24% | 106.1% |
| 99th | Philippines | 0.54% | 3,456.3% |
| 100th | Morocco | 0.87% | 134.2% |
| 101st | United Arab Emirates | 0.92% | -74.4% |
| 102nd | Senegal | 0.92% | -61.7% |
| 103rd | Indonesia | 0.96% | 50.1% |
| 104th | Samoa | 1.21% | 120.8% |
| 105th | Tanzania | 1.57% | 174.2% |
| 106th | St. Vincent and the Grenadines | 1.59% | 43.8% |
| 107th | Singapore | 1.98% | -58.7% |
| 108th | Hong Kong SAR, China | 2.02% | 839.9% |
| 109th | Papua New Guinea | 2.06% | 90.8% |
| 110th | Chile | 2.07% | -33.2% |
| 111th | Lesotho | 2.11% | -58.8% |
| 112th | Gabon | 2.12% | -20.0% |
| 113th | Oman | 2.22% | 156.9% |
| 114th | Korea | 2.30% | 6.4% |
| 115th | Micronesia, Federated States of | 2.34% | 618.2% |
| 116th | Luxembourg | 2.37% | -12.7% |
| 117th | Paraguay | 2.43% | -12.5% |
| 118th | Panama | 2.48% | 7.7% |
| 119th | Bhutan | 2.55% | 388.6% |
| 120th | New Zealand | 2.58% | -30.3% |
| 121st | Algeria | 2.70% | 307.9% |
| 122nd | Thailand | 2.75% | -10.0% |
| 123rd | Malaysia | 3.27% | 5.4% |
| 124th | Nigeria | 3.37% | 33.8% |
| 125th | Suriname | 3.42% | 193.3% |
| 126th | Guinea-Bissau | 3.48% | 42.0% |
| 127th | Barbados | 3.70% | -39.5% |
| 128th | Solomon Islands | 3.73% | 17.0% |
| 129th | Angola | 5.22% | - |
| 130th | Norway | 6.01% | 102.9% |
| 131st | Congo, Republic of | 9.20% | 244.1% |
| 132nd | Libya | 11.32% | 198.1% |
| 133rd | Kuwait | 24.28% | 107.5% |
FAQ
What was Libya's budget deficit in 1996?▾
Libya's budget deficit in 1996 was 11.32%. This ranked 132nd globally.
How did Libya's budget deficit change in 1996?▾
Libya's budget deficit increased by 198.1% in 1996 compared to 1995.
Which country had the highest budget deficit in 1996?▾
Kuwait had the highest budget deficit in 1996 at 24.28%.
What is the budget deficit of Libya in 1996?▾
The budget deficit of Libya in 1996 was 11.32%. This ranked 132nd globally.
How does 1996 compare to 1995 for Libya's budget deficit?▾
Libya's budget deficit went from 3.80% in 1995 to 11.32% in 1996, a 198.1% increase.
Related
1995
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Full ranking 1996
Tax Revenue
Government Spending
Military Spending
Health Spending
Government Debt to GDP
Peak: 2005
Lowest: 2014
Budget Deficit 1990s
Budget Deficit 2000s
Budget Deficit 2010s
Budget Deficit 2020s
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Organisation of Islamic Cooperation Budget Deficit
OPEC Budget Deficit
African Union Budget Deficit
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