Libya - Budget Deficit 2011
-11.45%
−22.92% from 2010
Libya's budget deficit was -11.45% in 2011, decreased +22.92% from 11.47% in 2010. This was the 5th highest globally.
Global Ranking - 2011▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Timor-Leste | -25.38% | -28.2% |
| 2nd | Kiribati | -17.56% | -125.2% |
| 3rd | Ireland | -13.47% | 58.1% |
| 4th | São Tomé and Principe | -13.03% | -7.5% |
| 5th | Libya | -11.45% | -199.8% |
| 6th | Greece | -10.50% | 8.1% |
| 7th | Lesotho | -9.85% | -562.6% |
| 8th | United States | -9.72% | 11.6% |
| 9th | Spain | -9.70% | -2.2% |
| 10th | Egypt, Arab Republic of | -9.60% | -28.9% |
| 11th | Japan | -8.99% | 1.0% |
| 12th | Tuvalu | -8.80% | 62.3% |
| 13th | India | -8.35% | 5.1% |
| 14th | Maldives | -8.13% | 40.1% |
| 15th | Portugal | -7.73% | 32.3% |
| 16th | Croatia | -7.53% | -16.5% |
| 17th | United Kingdom | -7.38% | 20.0% |
| 18th | Namibia | -7.09% | -42.3% |
| 19th | Cabo Verde | -6.98% | 27.3% |
| 20th | Montenegro | -6.79% | -39.2% |
| 21st | Slovenia | -6.69% | -20.3% |
| 22nd | Iceland | -6.46% | 1.9% |
| 23rd | Aruba | -6.43% | -84.4% |
| 24th | West Bank and Gaza | -6.26% | -185.5% |
| 25th | Jamaica | -6.24% | -1.1% |
| 26th | Pakistan | -6.23% | -15.1% |
| 27th | Morocco | -6.08% | -54.5% |
| 28th | Tonga | -6.02% | -394.9% |
| 29th | Sri Lanka | -6.01% | 10.7% |
| 30th | Lebanon | -5.95% | 20.4% |
| 31st | Lithuania | -5.92% | 14.9% |
| 32nd | Cyprus | -5.65% | -20.6% |
| 33rd | Jordan | -5.61% | -3.3% |
| 34th | Eritrea | -5.50% | 66.7% |
| 35th | Ghana | -5.47% | 23.3% |
| 36th | St. Lucia | -5.35% | -30.3% |
| 37th | France | -5.30% | 26.0% |
| 38th | Samoa | -5.25% | 4.3% |
| 39th | Hungary | -5.22% | -17.7% |
| 40th | Poland | -4.97% | 33.1% |
| 41st | New Zealand | -4.96% | 10.0% |
| 42nd | Senegal | -4.92% | -25.0% |
| 43rd | Bahrain | -4.90% | 47.2% |
| 44th | Grenada | -4.86% | -19.3% |
| 45th | Myanmar | -4.82% | 10.7% |
| 46th | Kyrgyz Republic | -4.71% | 20.9% |
| 47th | Australia | -4.53% | 11.5% |
| 48th | Yemen, Republic of | -4.51% | -11.1% |
| 49th | Togo | -4.48% | -169.3% |
| 50th | El Salvador | -4.47% | 10.0% |
| 51st | Belgium | -4.44% | -7.5% |
| 52nd | Netherlands | -4.42% | 16.6% |
| 53rd | Dominica | -4.40% | -30.1% |
| 54th | Liberia | -4.39% | -477.6% |
| 55th | Slovak Republic | -4.36% | 41.5% |
| 56th | Mozambique | -4.34% | -24.0% |
| 57th | Romania | -4.14% | 33.5% |
| 58th | San Marino | -4.05% | -80.9% |
| 59th | Mongolia | -4.01% | -1,044.5% |
| 60th | Costa Rica | -3.91% | 21.1% |
| 61st | Eswatini | -3.88% | 58.5% |
| 62nd | Cambodia | -3.76% | -21.6% |
| 63rd | Serbia | -3.75% | -12.1% |
| 64th | South Africa | -3.70% | 17.9% |
| 65th | Kenya | -3.64% | 0.9% |
| 66th | Barbados | -3.64% | 51.4% |
| 67th | Malaysia | -3.57% | 17.4% |
| 68th | Italy | -3.52% | 15.3% |
| 69th | Albania | -3.52% | 0.1% |
| 70th | Tanzania | -3.51% | 26.0% |
| 71st | St. Vincent and the Grenadines | -3.50% | 5.4% |
| 72nd | Burundi | -3.49% | 4.0% |
| 73rd | Israel | -3.43% | 7.7% |
| 74th | Mali | -3.42% | -33.1% |
| 75th | Latvia | -3.39% | 48.4% |
| 76th | Canada | -3.31% | 30.2% |
| 77th | Mexico | -3.20% | 15.8% |
| 78th | Tunisia | -3.19% | -598.7% |
| 79th | Antigua and Barbuda | -3.09% | -1,161.2% |
| 80th | Dominican Republic | -3.07% | -3.1% |
| 81st | Gambia, The | -3.03% | -3.4% |
| 82nd | Bhutan | -3.02% | -257.3% |
| 83rd | Mauritius | -3.00% | -1.4% |
| 84th | Malta | -2.99% | -34.4% |
| 85th | Bangladesh | -2.97% | -32.8% |
| 86th | Honduras | -2.94% | 12.7% |
| 87th | Côte d'Ivoire | -2.89% | -116.1% |
| 88th | Armenia | -2.88% | 42.3% |
| 89th | Bahamas, The | -2.87% | -11.6% |
| 90th | Malawi | -2.85% | -556.0% |
| 91st | Belarus | -2.81% | 33.0% |
| 92nd | Guatemala | -2.80% | 14.4% |
| 93rd | Sierra Leone | -2.79% | 9.9% |
| 94th | Ukraine | -2.76% | 52.1% |
| 95th | Argentina | -2.75% | -97.1% |
| 96th | Brazil | -2.74% | 22.9% |
| 97th | Bosnia and Herzegovina | -2.73% | 32.8% |
| 98th | Czechia | -2.71% | 34.6% |
| 99th | Austria | -2.48% | 44.4% |
| 100th | North Macedonia | -2.47% | -2.6% |
| 101st | Sudan | -2.33% | -2,196.4% |
| 102nd | Cameroon | -2.26% | -142.3% |
| 103rd | Niger | -2.19% | -122.7% |
| 104th | Vanuatu | -2.19% | 16.6% |
| 105th | Central African Republic | -2.15% | -59.5% |
| 106th | Guyana | -2.13% | -13.6% |
| 107th | Moldova | -2.05% | 5.9% |
| 108th | Madagascar | -2.04% | -168.8% |
| 109th | Uganda | -2.04% | 56.0% |
| 110th | Burkina Faso | -2.04% | 49.8% |
| 111th | Colombia | -1.99% | 39.7% |
| 112th | Panama | -1.96% | -16.6% |
| 113th | Bulgaria | -1.83% | 51.3% |
| 114th | Zambia | -1.78% | 26.7% |
| 115th | Denmark | -1.77% | 29.9% |
| 116th | Zimbabwe | -1.72% | -1,519.8% |
| 117th | Haiti | -1.43% | 4.5% |
| 118th | Lao PDR | -1.43% | 2.7% |
| 119th | Guinea-Bissau | -1.35% | -501.8% |
| 120th | Djibouti | -1.19% | -13.4% |
| 121st | Algeria | -1.06% | 21.5% |
| 122nd | Belize | -1.06% | 44.5% |
| 123rd | Finland | -1.01% | 60.7% |
| 124th | Benin | -0.98% | -255.4% |
| 125th | Congo, Democratic Republic of | -0.94% | 0.6% |
| 126th | Guinea | -0.92% | 90.5% |
| 127th | Viet Nam | -0.90% | 60.0% |
| 128th | Rwanda | -0.86% | -34.6% |
| 129th | Germany | -0.84% | 81.0% |
| 130th | Georgia | -0.81% | 82.0% |
| 131st | Fiji | -0.72% | 44.5% |
| 132nd | Nepal | -0.72% | -6.7% |
| 133rd | Indonesia | -0.70% | 43.3% |
| 134th | Trinidad and Tobago | -0.69% | -606.6% |
| 135th | Afghanistan | -0.67% | -172.0% |
| 136th | Iran, Islamic Republic of | -0.66% | 22.0% |
| 137th | Micronesia, Federated States of | -0.58% | -224.7% |
| 138th | Sweden | -0.41% | -182.6% |
| 139th | Philippines | -0.38% | 83.1% |
| 140th | Türkiye | -0.35% | 88.2% |
| 141st | Uruguay | -0.33% | 13.7% |
| 142nd | Ecuador | -0.13% | 90.8% |
| 143rd | Botswana | -0.12% | 98.5% |
| 144th | China | -0.10% | 73.0% |
| 145th | Mauritania | 0.07% | 116.4% |
| 146th | Estonia | 0.09% | 107.9% |
| 147th | Thailand | 0.09% | 108.8% |
| 148th | Nigeria | 0.31% | 110.4% |
| 149th | Andorra | 0.41% | 216.0% |
| 150th | Nicaragua | 0.59% | -14.6% |
| 151st | Tajikistan | 0.60% | 122.3% |
| 152nd | Luxembourg | 0.65% | 351.9% |
| 153rd | Switzerland | 0.68% | 92.9% |
| 154th | Bolivia, Plurinational State of | 0.83% | -48.8% |
| 155th | Equatorial Guinea | 0.84% | 118.4% |
| 156th | Comoros | 0.86% | -79.5% |
| 157th | Paraguay | 1.29% | -16.4% |
| 158th | Palau | 1.29% | 201.0% |
| 159th | Gabon | 1.41% | -47.7% |
| 160th | Chile | 1.43% | 493.1% |
| 161st | Russian Federation | 1.43% | 144.8% |
| 162nd | St. Kitts and Nevis | 1.60% | 138.5% |
| 163rd | Korea | 1.72% | 7.2% |
| 164th | Chad | 1.75% | 155.3% |
| 165th | Liechtenstein | 1.97% | - |
| 166th | Peru | 2.05% | 13,773.3% |
| 167th | Marshall Islands | 2.13% | -39.3% |
| 168th | Papua New Guinea | 2.22% | -27.7% |
| 169th | Suriname | 2.32% | 1,605.8% |
| 170th | Nauru | 2.73% | 2,838.7% |
| 171st | Seychelles | 3.36% | 544.9% |
| 172nd | Hong Kong SAR, China | 3.77% | -8.8% |
| 173rd | Turkmenistan | 3.84% | 80.5% |
| 174th | South Sudan | 4.57% | - |
| 175th | Iraq | 4.74% | 213.5% |
| 176th | United Arab Emirates | 5.05% | 873.6% |
| 177th | Uzbekistan | 5.11% | 99.5% |
| 178th | Qatar | 5.24% | 13.8% |
| 179th | Kazakhstan | 5.81% | 295.3% |
| 180th | Solomon Islands | 6.23% | 3.5% |
| 181st | Angola | 7.20% | 141.7% |
| 182nd | Singapore | 7.96% | 40.1% |
| 183rd | Oman | 8.24% | 66.6% |
| 184th | Azerbaijan | 10.86% | -21.5% |
| 185th | Saudi Arabia | 11.39% | 159.4% |
| 186th | Norway | 13.27% | 22.1% |
| 187th | Congo, Republic of | 16.07% | 3.5% |
| 188th | Macao SAR, China | 24.67% | 27.1% |
| 189th | Brunei Darussalam | 25.63% | 236.7% |
| 190th | Kuwait | 38.75% | 21.4% |
FAQ
What was Libya's budget deficit in 2011?▾
Libya's budget deficit in 2011 was -11.45%. This ranked 5th globally.
How did Libya's budget deficit change in 2011?▾
Libya's budget deficit decreased by 199.8% in 2011 compared to 2010.
Which country had the highest budget deficit in 2011?▾
Kuwait had the highest budget deficit in 2011 at 38.75%.
What is the budget deficit of Libya in 2011?▾
The budget deficit of Libya in 2011 was -11.45%. This ranked 5th globally.
How does 2011 compare to 2010 for Libya's budget deficit?▾
Libya's budget deficit went from 11.47% in 2010 to -11.45% in 2011, a 199.8% decrease.
HistorySaid - pattern alert
Libya matched the Fiscal Dominance Trap pattern in 2011. Historically: 386 occurrences, 278 successful (72%). Outcome 24 months later: 2.6%. View full analysis →
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2010
2012
All years
Full ranking 2011
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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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Lowest ever
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