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FinObservatory

External balance sheets

Libya

In 2024, Libya had a net international investment position of 381.4% of GDP, owning 435.2% abroad and owing 53.8%. Across the four instrument legs it reports in 2024, 78.6% is equity-like (direct investment and portfolio equity) and the remainder is portfolio debt and other investment.

The balance sheet through time

YearNet positionAssetsLiabilitiesReservesCurrent accountCrisis
1970n/an/an/an/a9.3%
197511.9%24.9%13.0%15.2%2.8%
198031.5%39.2%7.7%32.6%20.4%
198521.7%37.8%16.1%19.4%6.3%
199026.5%44.5%18.0%18.5%7.0%
199521.3%38.0%16.7%17.9%5.0%
200059.7%73.4%13.7%31.5%15.9%
2005130.6%145.3%14.7%80.9%30.6%
2010248.7%279.7%30.9%132.2%22.3%
2015300.1%347.8%47.7%151.2%-19.2%
2020351.6%401.2%49.6%154.7%-10.2%
2024381.4%435.2%53.8%166.6%-0.9%

Source: External Wealth of Nations (Lane & Milesi-Ferretti), 1970-2024 All figures as a share of GDP. Every fifth year shown, plus the first and last. Crisis column is the FinObservatory atlas, deduplicated across its five chronologies. Methodology

What it owes, and in what form

The composition of external liabilities. Direct investment and portfolio equity are equity-like: their value falls when the country does badly, so the foreign investor shares the loss. Portfolio debt and other investment (mostly cross-border bank lending) are fixed claims that do not.

YearDirect investmentPortfolio equityPortfolio debtOther investment
1988first100.0%0.0%0.0%0.0%
2024latest78.4%0.2%0.2%21.2%

Source: External Wealth of Nations (Lane & Milesi-Ferretti), 1970-2024 Each leg as a share of the four legs, which sum to 100 percent. EWN's total-liabilities aggregate also carries a financial-derivatives leg, left out here on both sides of the ratio, so these shares describe a smaller stock than reported total liabilities wherever that derivative leg is non-zero. First and latest year with a complete instrument split (31 years available). Methodology

Reading this page

The atlas records 1 distinct crisis episode for Libya since 1970. The crisis column marks them beside the balance sheet, and it is deliberately left to the reader to look. This page does not narrate a causal story about deteriorating positions and subsequent crises, because for most countries no such story survives inspection, and the cross-country table on the index shows why.

EWN is a reconstruction. Where a country never reported a position, the authors estimate it, and the file carries no flag separating a reported cell from an estimated one, so this page cannot mark them either.

Methodology