General government revenue as GDP share in Libya 2012-2029
The ratio of government revenue to gross domestic product (GDP) in Libya was forecast to continuously decrease between 2024 and 2029 by in total 13.8 percentage points. According to this forecast, in 2029, the ratio will have decreased for the seventh consecutive year to 50.01 percent.
Depicted here is the general government revenue as a share of the national gross domestic product. As defined by the International Monetary Fund, the general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue. As this revenue increases, a government's net worth increases. The gross domestic product represents the total value of final goods and services produced during a year.
Find more key insights for the ratio of government revenue to gross domestic product (GDP) in countries like Morocco, Egypt, and Algeria.
Depicted here is the general government revenue as a share of the national gross domestic product. As defined by the International Monetary Fund, the general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue. As this revenue increases, a government's net worth increases. The gross domestic product represents the total value of final goods and services produced during a year.
Find more key insights for the ratio of government revenue to gross domestic product (GDP) in countries like Morocco, Egypt, and Algeria.
