Libya - Budget Deficit 2004
11.31%
+5.15% from 2003
Libya's budget deficit was 11.31% in 2004, increased +5.15% from 6.17% in 2003. This was the 182nd highest globally.
Global Ranking - 2004▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Iraq | -35.40% | - |
| 2nd | São Tomé and Principe | -25.12% | -57.7% |
| 3rd | Kiribati | -19.20% | -115.0% |
| 4th | Micronesia, Federated States of | -15.55% | -694.0% |
| 5th | Burundi | -14.87% | -8.5% |
| 6th | Lebanon | -9.83% | 29.6% |
| 7th | India | -9.22% | 19.3% |
| 8th | Greece | -9.05% | -12.5% |
| 9th | Aruba | -8.53% | -549.9% |
| 10th | Eritrea | -7.65% | -222.7% |
| 11th | Timor-Leste | -7.48% | 9.2% |
| 12th | Belarus | -7.06% | -4.8% |
| 13th | St. Kitts and Nevis | -6.60% | -16.6% |
| 14th | Hungary | -6.60% | 8.3% |
| 15th | Sri Lanka | -6.32% | -2.8% |
| 16th | Croatia | -6.09% | -21.2% |
| 17th | Portugal | -5.99% | -5.8% |
| 18th | Guinea-Bissau | -5.92% | -5.2% |
| 19th | Egypt, Arab Republic of | -5.76% | -0.6% |
| 20th | Bolivia, Plurinational State of | -5.54% | 29.6% |
| 21st | Japan | -5.31% | 28.5% |
| 22nd | Albania | -5.16% | -3.1% |
| 23rd | Poland | -5.00% | 16.6% |
| 24th | Austria | -4.94% | -168.7% |
| 25th | Kyrgyz Republic | -4.89% | 5.4% |
| 26th | Palau | -4.82% | -51.3% |
| 27th | Myanmar | -4.62% | -8.9% |
| 28th | Jamaica | -4.56% | 16.0% |
| 29th | Belize | -4.52% | 46.2% |
| 30th | Ukraine | -4.42% | -394.4% |
| 31st | Panama | -4.33% | -90.6% |
| 32nd | Malta | -4.28% | 52.7% |
| 33rd | United States | -4.24% | 11.0% |
| 34th | Madagascar | -4.23% | -27.4% |
| 35th | Mauritius | -4.22% | 7.4% |
| 36th | Burkina Faso | -4.19% | -134.3% |
| 37th | Syrian Arab Republic | -4.18% | -54.7% |
| 38th | Türkiye | -4.11% | 45.6% |
| 39th | Eswatini | -3.97% | -88.4% |
| 40th | Antigua and Barbuda | -3.90% | 46.7% |
| 41st | Guinea | -3.85% | 17.4% |
| 42nd | Uzbekistan | -3.74% | 23.2% |
| 43rd | Cyprus | -3.71% | 37.2% |
| 44th | Djibouti | -3.67% | 11.2% |
| 45th | Dominican Republic | -3.60% | 15.2% |
| 46th | Tuvalu | -3.60% | - |
| 47th | France | -3.56% | 13.2% |
| 48th | Italy | -3.46% | -7.3% |
| 49th | Germany | -3.42% | 10.7% |
| 50th | Costa Rica | -3.42% | 0.5% |
| 51st | Israel | -3.40% | 32.4% |
| 52nd | Romania | -3.39% | -48.4% |
| 53rd | Malaysia | -3.35% | 27.1% |
| 54th | Morocco | -3.31% | 11.5% |
| 55th | Cambodia | -3.23% | 43.3% |
| 56th | Mozambique | -3.17% | -20.2% |
| 57th | United Kingdom | -3.16% | 1.6% |
| 58th | Mauritania | -3.06% | - |
| 59th | Cabo Verde | -2.98% | 17.9% |
| 60th | Brazil | -2.96% | 45.3% |
| 61st | Barbados | -2.89% | 4.6% |
| 62nd | Guyana | -2.88% | 40.1% |
| 63rd | Philippines | -2.81% | 19.6% |
| 64th | Niger | -2.76% | -27.1% |
| 65th | El Salvador | -2.76% | 34.8% |
| 66th | St. Vincent and the Grenadines | -2.71% | -8.1% |
| 67th | Namibia | -2.67% | 40.3% |
| 68th | Malawi | -2.61% | -0.4% |
| 69th | St. Lucia | -2.59% | 18.5% |
| 70th | Zambia | -2.51% | 52.8% |
| 71st | Honduras | -2.48% | 51.4% |
| 72nd | Montenegro | -2.45% | 39.5% |
| 73rd | Iran, Islamic Republic of | -2.45% | 11.3% |
| 74th | Tanzania | -2.43% | -37.1% |
| 75th | Czechia | -2.41% | 65.0% |
| 76th | Afghanistan | -2.39% | -13.8% |
| 77th | Mali | -2.36% | -98.8% |
| 78th | Slovak Republic | -2.36% | -3.4% |
| 79th | Tajikistan | -2.32% | -32.8% |
| 80th | Maldives | -2.26% | 34.5% |
| 81st | Bangladesh | -2.21% | -12.8% |
| 82nd | Yemen, Republic of | -2.15% | 48.8% |
| 83rd | Tunisia | -2.10% | 20.6% |
| 84th | Ghana | -2.02% | -1.5% |
| 85th | Slovenia | -1.98% | 25.6% |
| 86th | Bahamas, The | -1.95% | -19.5% |
| 87th | Chad | -1.84% | 57.4% |
| 88th | Netherlands | -1.83% | 42.8% |
| 89th | Lao PDR | -1.81% | 53.4% |
| 90th | Gambia, The | -1.77% | -2.0% |
| 91st | Central African Republic | -1.74% | 43.3% |
| 92nd | Mongolia | -1.62% | 52.2% |
| 93rd | Marshall Islands | -1.60% | -115.2% |
| 94th | China | -1.49% | 36.9% |
| 95th | Sierra Leone | -1.46% | 47.7% |
| 96th | Switzerland | -1.39% | -2.5% |
| 97th | Luxembourg | -1.39% | -604.3% |
| 98th | Lithuania | -1.39% | -9.7% |
| 99th | Mexico | -1.35% | 40.0% |
| 100th | Haiti | -1.34% | 39.9% |
| 101st | Colombia | -1.31% | 51.5% |
| 102nd | Pakistan | -1.29% | -994.1% |
| 103rd | Suriname | -1.20% | -954.4% |
| 104th | Jordan | -1.09% | 56.7% |
| 105th | Guatemala | -1.05% | 57.6% |
| 106th | South Africa | -1.04% | 34.3% |
| 107th | Côte d'Ivoire | -1.04% | 17.7% |
| 108th | Latvia | -1.04% | 37.8% |
| 109th | Peru | -1.03% | 36.3% |
| 110th | Fiji | -0.98% | 71.6% |
| 111th | Comoros | -0.98% | 52.1% |
| 112th | Uruguay | -0.87% | 60.4% |
| 113th | Samoa | -0.74% | -45.1% |
| 114th | Benin | -0.71% | 34.2% |
| 115th | Dominica | -0.67% | -179.2% |
| 116th | Grenada | -0.58% | 79.6% |
| 117th | Liberia | -0.56% | -256.2% |
| 118th | Cameroon | -0.46% | -181.4% |
| 119th | Hong Kong SAR, China | -0.30% | 90.4% |
| 120th | Indonesia | -0.26% | 75.9% |
| 121st | Belgium | -0.24% | 87.2% |
| 122nd | Bosnia and Herzegovina | -0.18% | 58.4% |
| 123rd | Congo, Democratic Republic of | -0.17% | 95.7% |
| 124th | Viet Nam | -0.15% | 94.1% |
| 125th | Nepal | -0.14% | 57.4% |
| 126th | Spain | -0.10% | 74.7% |
| 127th | Serbia | 0.06% | 102.6% |
| 128th | Korea | 0.09% | -94.3% |
| 129th | Sudan | 0.16% | -79.7% |
| 130th | Sweden | 0.17% | 113.3% |
| 131st | Senegal | 0.18% | 135.7% |
| 132nd | Bahrain | 0.24% | 113.9% |
| 133rd | Iceland | 0.28% | 112.4% |
| 134th | Uganda | 0.34% | 135.4% |
| 135th | North Macedonia | 0.37% | 619.4% |
| 136th | Seychelles | 0.44% | -87.1% |
| 137th | Kenya | 0.50% | 169.0% |
| 138th | Moldova | 0.59% | 26.2% |
| 139th | Togo | 0.61% | -57.5% |
| 140th | Canada | 0.77% | 704.7% |
| 141st | Vanuatu | 0.80% | 159.3% |
| 142nd | Angola | 1.03% | 125.2% |
| 143rd | Thailand | 1.11% | -44.1% |
| 144th | Ireland | 1.30% | 275.1% |
| 145th | Australia | 1.32% | 25.9% |
| 146th | Paraguay | 1.34% | 2,092.5% |
| 147th | Botswana | 1.35% | 869.1% |
| 148th | Turkmenistan | 1.48% | -63.0% |
| 149th | Bulgaria | 1.59% | 53,000.0% |
| 150th | Nicaragua | 1.70% | 30.8% |
| 151st | Azerbaijan | 1.78% | 11.0% |
| 152nd | Bhutan | 1.80% | 117.6% |
| 153rd | Andorra | 1.86% | 5.2% |
| 154th | Trinidad and Tobago | 1.91% | 0.6% |
| 155th | Ecuador | 1.94% | 85.8% |
| 156th | Papua New Guinea | 2.03% | 977.1% |
| 157th | Chile | 2.05% | 593.0% |
| 158th | Singapore | 2.06% | 203.8% |
| 159th | Finland | 2.16% | -7.8% |
| 160th | Denmark | 2.24% | 1,507.9% |
| 161st | Rwanda | 2.27% | 284.4% |
| 162nd | Estonia | 2.29% | 37.3% |
| 163rd | San Marino | 2.45% | - |
| 164th | Kazakhstan | 3.29% | -17.7% |
| 165th | Congo, Republic of | 3.33% | 808.7% |
| 166th | Georgia | 3.59% | 755.5% |
| 167th | Nigeria | 3.90% | 350.0% |
| 168th | Argentina | 3.97% | 164.5% |
| 169th | Tonga | 4.23% | 78.6% |
| 170th | New Zealand | 4.49% | 22.0% |
| 171st | Russian Federation | 4.58% | 238.9% |
| 172nd | Oman | 5.43% | -8.3% |
| 173rd | Lesotho | 6.06% | 581.1% |
| 174th | Algeria | 6.36% | -11.8% |
| 175th | United Arab Emirates | 6.40% | 172.1% |
| 176th | Gabon | 6.99% | -9.8% |
| 177th | Macao SAR, China | 7.80% | 62.5% |
| 178th | Brunei Darussalam | 8.57% | 6.3% |
| 179th | Equatorial Guinea | 9.22% | -7.8% |
| 180th | Saudi Arabia | 9.72% | 710.5% |
| 181st | Norway | 10.84% | 50.4% |
| 182nd | Libya | 11.31% | 83.5% |
| 183rd | Solomon Islands | 17.03% | 61.3% |
| 184th | Qatar | 17.69% | 163.6% |
| 185th | Kuwait | 32.51% | 19.5% |
FAQ
What was Libya's budget deficit in 2004?▾
Libya's budget deficit in 2004 was 11.31%. This ranked 182nd globally.
How did Libya's budget deficit change in 2004?▾
Libya's budget deficit increased by 83.5% in 2004 compared to 2003.
Which country had the highest budget deficit in 2004?▾
Kuwait had the highest budget deficit in 2004 at 32.51%.
What is the budget deficit of Libya in 2004?▾
The budget deficit of Libya in 2004 was 11.31%. This ranked 182nd globally.
How does 2004 compare to 2003 for Libya's budget deficit?▾
Libya's budget deficit went from 6.17% in 2003 to 11.31% in 2004, a 83.5% increase.
HistorySaid - pattern alert
Libya matched the Export Boom Cycle pattern in 2004. Historically: 768 occurrences, 546 successful (71%). View full analysis →
Related
2003
2005
All years
Full ranking 2004
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
Highest ever
Lowest ever
Average
vs Suriname
vs Fiji
vs Paraguay
vs Botswana
Organisation of Islamic Cooperation Budget Deficit
OPEC Budget Deficit
African Union Budget Deficit
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