ICT service exports (BoP, current US$), annual growth rate in Libya
Libya: ICT service exports (BoP, current US$), annual growth rate was -55.26 % change on previous year in 2023. ◆ Volatile
ICT service exports (BoP, current US$), annual growth rate in Libya, 2001–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, ict service exports (bop, current us$), annual growth rate in Libya stood at -55.26 % change on previous year. That is the lowest value across all 23 years on record.
Compared with earlier readings it is down 323.3% over ten years.
Over the whole period, ict service exports (bop, current us$), annual growth rate in Libya peaked at 100 % change on previous year in 2002 and was at its lowest, -55.26 % change on previous year, in 2023.
Libya ranks 185th of 189 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
ICT service exports (BoP, current US$), annual growth rate in Libya, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2001 | -25 % change on previous year | — |
| 2002 | 100 % change on previous year | -500.0% |
| 2003 | 83.33 % change on previous year | -16.7% |
| 2004 | -9.09 % change on previous year | -110.9% |
| 2005 | 0 % change on previous year | -100.0% |
| 2006 | 20 % change on previous year | — |
| 2007 | -24.17 % change on previous year | -220.8% |
| 2008 | 21.98 % change on previous year | -190.9% |
| 2009 | -9.91 % change on previous year | -145.1% |
| 2010 | 20 % change on previous year | -301.8% |
| 2011 | -15 % change on previous year | -175.0% |
| 2012 | -0.9804 % change on previous year | -93.5% |
| 2013 | 24.75 % change on previous year | -2624.8% |
| 2014 | 7.94 % change on previous year | -67.9% |
| 2015 | 25 % change on previous year | +215.0% |
| 2016 | 0 % change on previous year | -100.0% |
| 2017 | 25.29 % change on previous year | — |
| 2018 | 24.88 % change on previous year | -1.6% |
| 2019 | 25.19 % change on previous year | +1.2% |
| 2020 | 15.02 % change on previous year | -40.4% |
| 2021 | -30.55 % change on previous year | -303.5% |
| 2022 | 0 % change on previous year | -100.0% |
| 2023 | -55.26 % change on previous year | — |
Libya compared with similar countries
- Libya's -55.26 % change on previous year is below the median for upper middle income countries, which is 7.45 % change on previous year. (54 countries reporting)
- Libya's -55.26 % change on previous year is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.98 % change on previous year. (21 countries reporting)
Biggest year-on-year movements
Years where ICT service exports (BoP, current US$), annual growth rate in Libya changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | +2624.8% | -0.9804 % change on previous year | 24.75 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.46 % change on previous year | -25 % change on previous year | 100 % change on previous year | 9 |
| 2010s | 13.71 % change on previous year | -15 % change on previous year | 25.29 % change on previous year | 10 |
| 2020s | -17.7 % change on previous year | -55.26 % change on previous year | 15.02 % change on previous year | 4 |
Countries ranked near Libya
- 182 Ghana -53.09 % change on previous year compare
- 183 Kiribati -53.38 % change on previous year compare
- 184 Tonga -54.83 % change on previous year compare
- 186 Sao Tome and Principe -63.13 % change on previous year compare
- 187 Barbados -63.86 % change on previous year compare
- 188 Papua New Guinea -72.61 % change on previous year compare
More economy & growth data for Libya
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.31 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 6.09 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.094 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 605.92 units per person (2025)
- SDRs holdings, SDR, annual growth rate 1.03 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0686 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 442.44 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0332 units per US$ of GDP (2025)
Frequently asked questions
- What is ict service exports (bop, current us$), annual growth rate in Libya?
- Ict service exports (bop, current us$), annual growth rate in Libya was -55.26 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest ict service exports (bop, current us$), annual growth rate recorded in Libya?
- The highest recorded value was 100 % change on previous year in 2002.
- What is the lowest ict service exports (bop, current us$), annual growth rate recorded in Libya?
- The lowest recorded value was -55.26 % change on previous year in 2023.
- How does Libya rank for ict service exports (bop, current us$), annual growth rate?
- Libya ranks 185th out of 189 countries with data for 2023.
- Is ict service exports (bop, current us$), annual growth rate rising or falling in Libya?
- Over the last ten years it is down 323.3%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from Statizoid (derived), published as part of ICT service exports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in ICT service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- ICT service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in ICT service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.