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$, in 2012.
That places Libya 18th out of 200 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net primary income in Libya, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | -1.22 billion BoP, current US$ | — |
| 1978 | -1.05 billion BoP, current US$ | -13.3% |
| 1979 | -849.85 million BoP, current US$ | -19.3% |
| 1980 | -64.85 million BoP, current US$ | -92.4% |
| 1981 | 109.44 million BoP, current US$ | -268.7% |
| 1982 | -508.69 million BoP, current US$ | -564.8% |
| 1983 | -756.62 million BoP, current US$ | +48.7% |
| 1984 | -667.45 million BoP, current US$ | -11.8% |
| 1985 | -76.68 million BoP, current US$ | -88.5% |
| 1986 | -44.07 million BoP, current US$ | -42.5% |
| 1987 | 364.61 million BoP, current US$ | -927.3% |
| 1988 | 324.74 million BoP, current US$ | -10.9% |
| 1989 | 59.75 million BoP, current US$ | -81.6% |
| 1990 | 173.74 million BoP, current US$ | +190.8% |
| 1991 | 148.54 million BoP, current US$ | -14.5% |
| 1992 | 323.92 million BoP, current US$ | +118.1% |
| 1993 | -30.88 million BoP, current US$ | -109.5% |
| 1994 | 45.07 million BoP, current US$ | -245.9% |
| 1995 | 133.45 million BoP, current US$ | +196.1% |
| 1996 | 179.72 million BoP, current US$ | +34.7% |
| 1997 | 236.73 million BoP, current US$ | +31.7% |
| 1998 | 314.82 million BoP, current US$ | +33.0% |
| 1999 | 310.90 million BoP, current US$ | -1.2% |
| 2000 | -429.00 million BoP, current US$ | -238.0% |
| 2001 | -899.00 million BoP, current US$ | +109.6% |
| 2002 | 265.00 million BoP, current US$ | -129.5% |
| 2003 | 540.00 million BoP, current US$ | +103.8% |
| 2004 | -55.00 million BoP, current US$ | -110.2% |
| 2005 | -281.00 million BoP, current US$ | +410.9% |
| 2006 | -595.00 million BoP, current US$ | +111.7% |
| 2007 | 2.02 billion BoP, current US$ | -439.0% |
| 2008 | 586.40 million BoP, current US$ | -70.9% |
| 2009 | 577.60 million BoP, current US$ | -1.5% |
| 2010 | -30.00 million BoP, current US$ | -105.2% |
| 2011 | 55.60 million BoP, current US$ | -285.3% |
| 2012 | -1.93 billion BoP, current US$ | -3574.6% |
| 2013 | -415.00 million BoP, current US$ | -78.5% |
| 2014 | 583.20 million BoP, current US$ | -240.5% |
| 2015 | 1.24 billion BoP, current US$ | +112.1% |
| 2016 | 751.00 million BoP, current US$ | -39.3% |
| 2017 | 1.29 billion BoP, current US$ | +71.2% |
| 2018 | 913.30 million BoP, current US$ | -29.0% |
| 2019 | 1.83 billion BoP, current US$ | +100.3% |
| 2020 | 837.50 million BoP, current US$ | -54.2% |
| 2021 | -536.80 million BoP, current US$ | -164.1% |
| 2022 | 125.30 million BoP, current US$ | -123.3% |
| 2023 | 2.19 billion BoP, current US$ | +1644.5% |
Libya compared with similar countries
- Libya's 2.19 billion BoP, current US$ is above the median for upper middle income countries, which is -805.98 million BoP, current US$. (57 countries reporting)
- Libya's 2.19 billion BoP, current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is -1.29 billion BoP, current US$. (22 countries reporting)
Biggest year-on-year movements
Years where Net primary income in Libya changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | -3574.6% | 55.60 million BoP, current US$ | -1.93 billion BoP, current US$ |
| 2023 | +1644.5% | 125.30 million BoP, current US$ | 2.19 billion BoP, current US$ |
| 1987 | +927.3% | -44.07 million BoP, current US$ | 364.61 million BoP, current US$ |
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
- 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$), annual growth rate 12.66 % change on previous year (2025)
Frequently asked questions
- What is net primary income in Libya?
- Net primary income in Libya was 2.19 billion BoP, current US$ 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 200 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.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.