Net primary income in Libya
Libya: Net primary income was 2.19 billion BoP, current US$ in 2023. ◆ Volatile
Net primary income in Libya, 1977–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2023, net primary income in Libya stood at 2.19 billion BoP, current US$. That is the highest value across all 47 years on record.
The figure is up 1,644.5% on the previous year and up 626.7% over ten years.
Over the whole period, net primary income in Libya peaked at 2.19 billion BoP, current US$ in 2023 and was at its lowest, -1.93 billion BoP, current US$, in 2012.
That places Libya 18th out of 198 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -1.04 billion BoP, current US$ | -1.22 billion BoP, current US$ | -849.85 million BoP, current US$ | 3 |
| 1980s | -125.98 million BoP, current US$ | -756.62 million BoP, current US$ | 364.61 million BoP, current US$ | 10 |
| 1990s | 183.60 million BoP, current US$ | -30.88 million BoP, current US$ | 323.92 million BoP, current US$ | 10 |
| 2000s | 172.70 million BoP, current US$ | -899.00 million BoP, current US$ | 2.02 billion BoP, current US$ | 10 |
| 2010s | 427.78 million BoP, current US$ | -1.93 billion BoP, current US$ | 1.83 billion BoP, current US$ | 10 |
| 2020s | 652.98 million BoP, current US$ | -536.80 million BoP, current US$ | 2.19 billion BoP, current US$ | 4 |
Countries ranked near Libya
More economy & growth data for Libya
- External balance on goods and services as a percent of GDP 5.8% (2025)
- Inflation of consumer prices 1.8% (2025)
- GDP per capita 8,634 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 2.8% (2017)
- Gross domestic product (GDP) 64.40 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 8,634 constant 2015 US$ (2025)
- DEC alternative conversion factor 5.31 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -22.55 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -4.25 billion current US$ (2025)
- Taxes less subsidies on products -4.24 billion current LCU (2025)
Frequently asked questions
- What is net primary income in Libya?
- Net primary income in Libya was 2.19 billion BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net primary income recorded in Libya?
- The highest recorded value was 2.19 billion BoP, current US$ in 2023.
- What is the lowest net primary income recorded in Libya?
- The lowest recorded value was -1.93 billion BoP, current US$ in 2012.
- How does Libya rank for net primary income?
- Libya ranks 18th out of 198 countries with data for 2023.
- Is net primary income rising or falling in Libya?
- Over the last ten years it is up 626.7%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net primary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.