Net errors and omissions (BoP, current US$), annual growth rate in Libya
Libya: Net errors and omissions (BoP, current US$), annual growth rate was -48.97 % change on previous year in 2023. ◆ Volatile
Net errors and omissions (BoP, current US$), annual growth rate in Libya, 1978–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Libya recorded -48.97 % change on previous year for net errors and omissions (bop, current us$), annual growth rate in 2023.
That represents a change of down 114.3% on the previous year and down 4,130.5% over ten years.
Over the whole period, net errors and omissions (bop, current us$), annual growth rate in Libya peaked at 904.12 % change on previous year in 1991 and was at its lowest, -577.07 % change on previous year, in 1993.
That places Libya 127th out of 197 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions (BoP, current US$), annual growth rate in Libya, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1978 | 73.2 % change on previous year | — |
| 1979 | -545.83 % change on previous year | -845.7% |
| 1980 | 59.68 % change on previous year | -110.9% |
| 1981 | 422.18 % change on previous year | +607.4% |
| 1982 | -48 % change on previous year | -111.4% |
| 1983 | -237.94 % change on previous year | +395.8% |
| 1984 | -388.54 % change on previous year | +63.3% |
| 1985 | 71.58 % change on previous year | -118.4% |
| 1986 | 343.05 % change on previous year | +379.2% |
| 1987 | -81.8 % change on previous year | -123.8% |
| 1988 | 67.27 % change on previous year | -182.2% |
| 1989 | -46.11 % change on previous year | -168.5% |
| 1990 | -128.68 % change on previous year | +179.1% |
| 1991 | 904.12 % change on previous year | -802.6% |
| 1992 | -89.5 % change on previous year | -109.9% |
| 1993 | -577.07 % change on previous year | +544.8% |
| 1994 | 245.24 % change on previous year | -142.5% |
| 1995 | 4.93 % change on previous year | -98.0% |
| 1996 | -191.25 % change on previous year | -3977.0% |
| 1997 | 439.48 % change on previous year | -329.8% |
| 1998 | -53.29 % change on previous year | -112.1% |
| 1999 | -201.53 % change on previous year | +278.2% |
| 2000 | -142.27 % change on previous year | -29.4% |
| 2001 | -52.08 % change on previous year | -63.4% |
| 2002 | 132.15 % change on previous year | -353.8% |
| 2003 | 399.12 % change on previous year | +202.0% |
| 2004 | -10.29 % change on previous year | -102.6% |
| 2005 | -180.96 % change on previous year | +1658.1% |
| 2006 | 240 % change on previous year | -232.6% |
| 2007 | -43.78 % change on previous year | -118.2% |
| 2008 | -253.58 % change on previous year | +479.2% |
| 2009 | 175.4 % change on previous year | -169.2% |
| 2010 | -261.7 % change on previous year | -249.2% |
| 2011 | 223.22 % change on previous year | -185.3% |
| 2012 | -196.27 % change on previous year | -187.9% |
| 2013 | 1.22 % change on previous year | -100.6% |
| 2014 | 15.18 % change on previous year | +1148.9% |
| 2015 | 200.37 % change on previous year | +1220.3% |
| 2016 | -156.59 % change on previous year | -178.1% |
| 2017 | 34.5 % change on previous year | -122.0% |
| 2018 | -56.21 % change on previous year | -262.9% |
| 2019 | -60.82 % change on previous year | +8.2% |
| 2020 | 179.96 % change on previous year | -395.9% |
| 2021 | -136.38 % change on previous year | -175.8% |
| 2022 | 341.32 % change on previous year | -350.3% |
| 2023 | -48.97 % change on previous year | -114.3% |
Libya compared with similar countries
- Libya's -48.97 % change on previous year is below the median for upper middle income countries, which is 6.52 % change on previous year. (57 countries reporting)
- Libya's -48.97 % change on previous year is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 14.04 % change on previous year. (22 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions (BoP, current US$), annual growth rate in Libya changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | -3977.0% | 4.93 % change on previous year | -191.25 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -236.32 % change on previous year | -545.83 % change on previous year | 73.2 % change on previous year | 2 |
| 1980s | 16.14 % change on previous year | -388.54 % change on previous year | 422.18 % change on previous year | 10 |
| 1990s | 35.25 % change on previous year | -577.07 % change on previous year | 904.12 % change on previous year | 10 |
| 2000s | 26.37 % change on previous year | -253.58 % change on previous year | 399.12 % change on previous year | 10 |
| 2010s | -25.71 % change on previous year | -261.7 % change on previous year | 223.22 % change on previous year | 10 |
| 2020s | 83.98 % change on previous year | -136.38 % change on previous year | 341.32 % change on previous year | 4 |
Countries ranked near Libya
- 124 Mongolia -42.61 % change on previous year compare
- 125 Belgium -43.12 % change on previous year compare
- 126 Denmark -45.89 % change on previous year compare
- 128 Mauritania -49.42 % change on previous year compare
- 129 Slovenia -50.22 % change on previous year compare
- 130 Zambia -52.6 % change on previous year compare
More economy & growth data for Libya
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.31 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -56.51 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0012 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -7.66 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 794.70 million BoP, current US$ (2023)
- Foreign direct investment, net inflows (BoP, current US$), annual 13.21 % change on previous year (2023)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0181 BoP, current US$ per US$ of GDP (2023)
- Foreign direct investment, net inflows (BoP, current US$), per capita 108.78 BoP, current US$ per person (2023)
- Total reserves (includes gold, current US$), annual growth rate 12.66 % change on previous year (2025)
Frequently asked questions
- What is net errors and omissions (bop, current us$), annual growth rate in Libya?
- Net errors and omissions (bop, current us$), annual growth rate in Libya was -48.97 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest net errors and omissions (bop, current us$), annual growth rate recorded in Libya?
- The highest recorded value was 904.12 % change on previous year in 1991.
- What is the lowest net errors and omissions (bop, current us$), annual growth rate recorded in Libya?
- The lowest recorded value was -577.07 % change on previous year in 1993.
- How does Libya rank for net errors and omissions (bop, current us$), annual growth rate?
- Libya ranks 127th out of 197 countries with data for 2023.
- Is net errors and omissions (bop, current us$), annual growth rate rising or falling in Libya?
- Over the last ten years it is down 4,130.5%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from Statizoid (derived), published as part of Net errors and omissions (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Net errors and omissions (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net errors and omissions Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net errors and omissions (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.