Libya - Budget Deficit 2014
-30.51%
−14.21% from 2013
Libya's budget deficit was -30.51% in 2014, decreased +14.21% from -16.30% in 2013. This was the 2nd highest globally.
Global Ranking - 2014▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Timor-Leste | -37.52% | -161.2% |
| 2nd | Libya | -30.51% | -87.2% |
| 3rd | Jordan | -15.49% | 3.8% |
| 4th | Congo, Republic of | -10.73% | -276.7% |
| 5th | Egypt, Arab Republic of | -10.72% | 12.7% |
| 6th | Mozambique | -9.75% | -296.0% |
| 7th | South Sudan | -9.07% | -162.8% |
| 8th | Cyprus | -8.80% | -70.5% |
| 9th | Ecuador | -8.11% | 0.7% |
| 10th | Ghana | -7.81% | 14.3% |
| 11th | Equatorial Guinea | -7.54% | -71.3% |
| 12th | Aruba | -7.46% | -23.3% |
| 13th | Portugal | -7.32% | -40.3% |
| 14th | Algeria | -7.15% | -806.7% |
| 15th | Togo | -7.12% | -40.0% |
| 16th | India | -7.07% | -1.0% |
| 17th | Cabo Verde | -6.93% | 18.3% |
| 18th | Djibouti | -6.92% | -1,952.8% |
| 19th | Barbados | -6.59% | 26.5% |
| 20th | Namibia | -6.44% | -37.4% |
| 21st | Brazil | -6.28% | -83.4% |
| 22nd | São Tomé and Principe | -6.27% | -394.0% |
| 23rd | Papua New Guinea | -6.27% | 8.8% |
| 24th | Lebanon | -6.22% | 29.5% |
| 25th | Niger | -6.13% | -217.0% |
| 26th | Spain | -6.07% | 18.9% |
| 27th | Sri Lanka | -5.99% | -19.7% |
| 28th | Kenya | -5.75% | -9.7% |
| 29th | Iraq | -5.63% | 7.1% |
| 30th | Japan | -5.62% | 26.2% |
| 31st | Serbia | -5.61% | -17.1% |
| 32nd | Dominica | -5.55% | -92.3% |
| 33rd | United Kingdom | -5.53% | -3.5% |
| 34th | Albania | -5.46% | -4.7% |
| 35th | Costa Rica | -5.45% | -4.0% |
| 36th | Zambia | -5.43% | 15.0% |
| 37th | Samoa | -5.38% | -40.8% |
| 38th | Croatia | -5.20% | 6.0% |
| 39th | Angola | -5.07% | -1,777.4% |
| 40th | Viet Nam | -5.02% | 15.9% |
| 41st | Liberia | -4.92% | -481.4% |
| 42nd | Morocco | -4.78% | -1.7% |
| 43rd | Sudan | -4.72% | 18.1% |
| 44th | France | -4.57% | 7.4% |
| 45th | Slovenia | -4.53% | 59.7% |
| 46th | Bahamas, The | -4.51% | 11.5% |
| 47th | Ukraine | -4.46% | 6.8% |
| 48th | Mexico | -4.37% | -22.8% |
| 49th | Pakistan | -4.37% | 41.6% |
| 50th | Trinidad and Tobago | -4.34% | -60.5% |
| 51st | Greece | -4.29% | -5.7% |
| 52nd | Argentina | -4.25% | -30.7% |
| 53rd | Grenada | -4.20% | 42.1% |
| 54th | North Macedonia | -4.20% | -9.4% |
| 55th | Yemen, Republic of | -4.14% | 40.0% |
| 56th | Cameroon | -4.09% | -15.0% |
| 57th | United States | -4.03% | 11.7% |
| 58th | El Salvador | -4.02% | 9.9% |
| 59th | Gambia, The | -3.94% | 22.9% |
| 60th | Burundi | -3.93% | -106.9% |
| 61st | South Africa | -3.93% | -0.6% |
| 62nd | Rwanda | -3.92% | -208.6% |
| 63rd | Senegal | -3.90% | 10.1% |
| 64th | Guyana | -3.88% | -79.2% |
| 65th | Mongolia | -3.73% | -301.8% |
| 66th | Poland | -3.66% | 13.8% |
| 67th | Bulgaria | -3.65% | -108.4% |
| 68th | Haiti | -3.64% | 8.4% |
| 69th | Ireland | -3.52% | 44.0% |
| 70th | Fiji | -3.48% | -4,310.1% |
| 71st | Bolivia, Plurinational State of | -3.41% | -673.1% |
| 72nd | Saudi Arabia | -3.40% | -162.2% |
| 73rd | Bahrain | -3.32% | 61.2% |
| 74th | Slovak Republic | -3.25% | -13.4% |
| 75th | Chad | -3.22% | -114.4% |
| 76th | Panama | -3.21% | -34.9% |
| 77th | Belgium | -3.18% | -0.3% |
| 78th | Lao PDR | -3.13% | 22.3% |
| 79th | Tunisia | -3.12% | 55.8% |
| 80th | Malawi | -3.08% | 17.3% |
| 81st | Puerto Rico (US) | -3.07% | - |
| 82nd | Kyrgyz Republic | -3.07% | 17.1% |
| 83rd | St. Lucia | -3.06% | 36.0% |
| 84th | Mauritius | -3.05% | 7.4% |
| 85th | Central African Republic | -3.02% | -30.9% |
| 86th | Guinea | -3.01% | 21.9% |
| 87th | Finland | -3.00% | -18.8% |
| 88th | Australia | -2.92% | -3.8% |
| 89th | Tanzania | -2.91% | 22.6% |
| 90th | Mali | -2.89% | -21.7% |
| 91st | Bosnia and Herzegovina | -2.87% | -123.9% |
| 92nd | St. Vincent and the Grenadines | -2.82% | 51.5% |
| 93rd | Italy | -2.82% | 1.9% |
| 94th | Honduras | -2.81% | 48.7% |
| 95th | Hungary | -2.77% | -6.7% |
| 96th | Sierra Leone | -2.77% | -58.7% |
| 97th | Dominican Republic | -2.76% | 37.5% |
| 98th | Uganda | -2.74% | 14.1% |
| 99th | Suriname | -2.65% | -0.3% |
| 100th | Mauritania | -2.64% | -298.8% |
| 101st | Malaysia | -2.63% | 24.4% |
| 102nd | Bangladesh | -2.62% | 8.3% |
| 103rd | Antigua and Barbuda | -2.60% | 32.1% |
| 104th | Uruguay | -2.60% | -51.0% |
| 105th | West Bank and Gaza | -2.55% | -66.4% |
| 106th | Guinea-Bissau | -2.44% | -45.6% |
| 107th | Maldives | -2.42% | 30.7% |
| 108th | Israel | -2.29% | 43.6% |
| 109th | Netherlands | -2.17% | 24.3% |
| 110th | Czechia | -2.09% | -61.1% |
| 111th | Madagascar | -1.96% | 42.4% |
| 112th | Armenia | -1.94% | -22.0% |
| 113th | Austria | -1.92% | 3.5% |
| 114th | Guatemala | -1.92% | 11.2% |
| 115th | Sweden | -1.84% | -12.9% |
| 116th | Indonesia | -1.81% | 7.7% |
| 117th | Lithuania | -1.79% | 33.6% |
| 118th | Georgia | -1.78% | -42.5% |
| 119th | Romania | -1.76% | 28.0% |
| 120th | Colombia | -1.74% | -70.8% |
| 121st | Latvia | -1.74% | -200.0% |
| 122nd | Burkina Faso | -1.74% | 51.0% |
| 123rd | Nigeria | -1.73% | 8.7% |
| 124th | Belize | -1.72% | -42.7% |
| 125th | Afghanistan | -1.72% | -172.4% |
| 126th | Benin | -1.65% | -21.0% |
| 127th | Moldova | -1.60% | -2.4% |
| 128th | Oman | -1.58% | -156.8% |
| 129th | Côte d'Ivoire | -1.57% | 3.3% |
| 130th | Chile | -1.50% | -218.3% |
| 131st | Malta | -1.49% | 32.1% |
| 132nd | Cambodia | -1.25% | 38.1% |
| 133rd | Eswatini | -1.16% | -302.8% |
| 134th | Russian Federation | -1.07% | 7.9% |
| 135th | Myanmar | -1.07% | 30.5% |
| 136th | Türkiye | -0.96% | 20.1% |
| 137th | Iran, Islamic Republic of | -0.91% | -26.0% |
| 138th | Nicaragua | -0.89% | -198.7% |
| 139th | Zimbabwe | -0.71% | -2.0% |
| 140th | Montenegro | -0.70% | 84.6% |
| 141st | Thailand | -0.70% | -217.4% |
| 142nd | China | -0.67% | 18.3% |
| 143rd | Jamaica | -0.48% | -516.4% |
| 144th | New Zealand | -0.34% | 73.9% |
| 145th | Comoros | -0.33% | -103.1% |
| 146th | Paraguay | -0.27% | 76.6% |
| 147th | Switzerland | -0.25% | 42.8% |
| 148th | Peru | -0.19% | -124.9% |
| 149th | Eritrea | -0.12% | 98.4% |
| 150th | Somalia, Fed. Rep. | -0.06% | 50.4% |
| 151st | Belarus | 0.09% | 109.4% |
| 152nd | Canada | 0.18% | 111.7% |
| 153rd | Iceland | 0.29% | 123.6% |
| 154th | Estonia | 0.42% | 162.5% |
| 155th | Korea | 0.57% | -27.4% |
| 156th | Germany | 0.73% | 495.1% |
| 157th | Turkmenistan | 0.89% | -42.0% |
| 158th | Tajikistan | 0.92% | 225.4% |
| 159th | San Marino | 1.06% | 113.7% |
| 160th | Philippines | 1.32% | 258.0% |
| 161st | Luxembourg | 1.33% | 58.4% |
| 162nd | Nepal | 1.36% | -13.7% |
| 163rd | Denmark | 1.43% | 251.3% |
| 164th | Vanuatu | 1.44% | 683.3% |
| 165th | United Arab Emirates | 1.74% | -78.2% |
| 166th | Uzbekistan | 1.90% | -11.8% |
| 167th | Liechtenstein | 2.11% | 270.3% |
| 168th | Solomon Islands | 2.13% | -40.4% |
| 169th | Andorra | 2.14% | -36.2% |
| 170th | Bhutan | 2.46% | 154.0% |
| 171st | Kazakhstan | 2.48% | -49.8% |
| 172nd | Azerbaijan | 2.74% | 66.9% |
| 173rd | Seychelles | 2.87% | 773.6% |
| 174th | Lesotho | 3.16% | 222.2% |
| 175th | Marshall Islands | 3.20% | 1,483.1% |
| 176th | Tuvalu | 3.26% | -87.5% |
| 177th | Brunei Darussalam | 3.58% | -72.5% |
| 178th | Hong Kong SAR, China | 3.59% | 256.3% |
| 179th | Palau | 3.59% | 559.3% |
| 180th | Congo, Democratic Republic of | 3.73% | 13.8% |
| 181st | Botswana | 3.90% | -33.3% |
| 182nd | Singapore | 4.60% | -22.9% |
| 183rd | Gabon | 5.98% | 294.9% |
| 184th | Tonga | 6.38% | 590.4% |
| 185th | St. Kitts and Nevis | 8.52% | -22.1% |
| 186th | Norway | 8.57% | -19.2% |
| 187th | Micronesia, Federated States of | 11.23% | 288.1% |
| 188th | Qatar | 13.35% | -30.7% |
| 189th | Macao SAR, China | 24.16% | -10.5% |
| 190th | Nauru | 29.56% | 1,627.8% |
| 191st | Kuwait | 30.00% | -26.1% |
| 192nd | Kiribati | 34.97% | 197.5% |
FAQ
What was Libya's budget deficit in 2014?▾
Libya's budget deficit in 2014 was -30.51%. This ranked 2nd globally.
How did Libya's budget deficit change in 2014?▾
Libya's budget deficit decreased by 87.2% in 2014 compared to 2013.
Which country had the highest budget deficit in 2014?▾
Kiribati had the highest budget deficit in 2014 at 34.97%.
What is the budget deficit of Libya in 2014?▾
The budget deficit of Libya in 2014 was -30.51%. This ranked 2nd globally.
How does 2014 compare to 2013 for Libya's budget deficit?▾
Libya's budget deficit went from -16.30% in 2013 to -30.51% in 2014, a 87.2% decrease.
Related
2013
2015
All years
Full ranking 2014
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
Global Ranking