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Libya Government Revenue

General government revenue as % of GDP  GGR_NGDP

Libya's government revenue was 67.71% in 2025, ranked 7th globally. This represents a 3.0% decrease from 2024. Data from IMF WEO, covering 1990–2025.

67.71% −2.08% (-3.0%)
Year 2025 Rank #7 Global Peak 85.78% (2022) Source IMF WEO

Libya Government Revenue (1990–2025)

Overview

Libya's government revenue stood at 67.71% in 2025, a decline of +2.08% from 2024. The IMF projects 67.71% by 2025. Libya ranked 7th globally.

Libya’s government revenue has risen steadily from 33.35 in 1990 to 67.71 in 2025, placing the country seventh globally among the 36‑year sample. The upward trajectory accelerated after the post‑civil‑war recovery, reaching an all‑time peak of 85.78 in 2022, while the lowest point of 12.75 occurred in 2016 amid the conflict‑driven fiscal collapse. Compared with peers of similar rank, Libya’s 2025 revenue of 67.71 is marginally below the Marshall Islands’ 68.15 and the Federated States of Micronesia’s 68.60, yet exceeds Norway’s 61.68, reflecting a relatively strong fiscal base given its oil‑dependent economy. The sustained increase since the trough suggests that higher oil prices and gradual stabilization of public finances have reinforced revenue streams. Continued diversification and institutional reforms will be crucial to maintain this positive momentum and prevent a reversal of the post‑2022 gains.

Data & projection

Year Government Revenue YoY change Rank
2030* IMF 53.41% - -
2029* IMF 55.37% - -
2028* IMF 57.31% - -
2027* IMF 59.11% - -
2026* IMF 61.66% - -
2025* IMF 67.71% - -
2025 67.71% −2.08% #7
2024 69.79% −3.78% #6
2023 73.57% −12.21% #5
2022 85.78% +6.25% #3
2021 79.53% +44.47% #3
2020 35.07% −24.17% #53
2019 59.24% +12.29% #7
2018 46.95% +23.09% #18
2017 23.86% +11.12% #111
2016 12.75% −12.29% #177
2015 25.03% −4.48% #101
2014 29.51% −27.65% #85
2013 57.16% −6.83% #7
2012 63.99% +35.82% #6
2011 28.18% −36.23% #89
Show all years (1990-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +13.1% GDP growth 32.5% C/A balance 6.6%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Libya matched the Export Boom Cycle pattern in 2017. Historically, 71% of countries showing this pattern (546 out of 768) saw government revenue improve within 24 months. View full analysis →

Frequently Asked Questions

What is Libya's government revenue?▾

Libya's government revenue was 67.71% in 2025. Ranked 7th globally. This represents a 3.0% decrease from the previous year.

What was the highest government revenue in Libya?▾

Libya's government revenue peaked at 85.78% in 2022.

What was the lowest government revenue in Libya?▾

The lowest government revenue in Libya was 12.75% in 2016.

How does Libya rank in government revenue?▾

Libya ranks 7th globally in government revenue as of 2025.

What is the World Bank indicator code for government revenue?▾

The World Bank indicator code is GGR_NGDP. Data sourced from IMF WEO.

What is the projected government revenue of Libya in 2025?▾

Libya's government revenue is projected to reach 67.71% by 2025 based on IMF projection.

What is the government revenue of Libya in 2025?▾

The government revenue of Libya in 2025 was 67.71%. This ranks 7th in the world.

Cite this page

APA
Libya Government Revenue. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/libya/government-revenue/
BibTeX
@misc{historysaid_libya_government-revenue, title = {Libya Government Revenue}, url = {https://historysaid.com/libya/government-revenue/}, publisher = {HistorySaid}, year = {2026} }
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