Personal remittances, paid (current US$), per unit of GDP in Libya
Libya: Personal remittances, paid (current US$), per unit of GDP was 0.1095 current US$ per US$ of GDP in 2023. ◆ Volatile
Personal remittances, paid (current US$), per unit of GDP in Libya, 1977–2023
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Libya recorded 0.1095 current US$ per US$ of GDP for personal remittances, paid (current us$), per unit of gdp in 2023. That is the highest value across all 47 years on record.
Compared with earlier readings it is up 87.9% on the previous year and up 157.8% over ten years.
Over the whole period, personal remittances, paid (current us$), per unit of gdp in Libya peaked at 0.1095 current US$ per US$ of GDP in 2023 and was at its lowest, 0.0059 current US$ per US$ of GDP, in 1999.
Libya ranks 4th of 195 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, paid (current US$), per unit of GDP in Libya, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1977 | 0.0374 current US$ per US$ of GDP | — |
| 1978 | 0.0421 current US$ per US$ of GDP | +12.4% |
| 1979 | 0.0272 current US$ per US$ of GDP | -35.3% |
| 1980 | 0.0257 current US$ per US$ of GDP | -5.7% |
| 1981 | 0.0421 current US$ per US$ of GDP | +63.8% |
| 1982 | 0.0466 current US$ per US$ of GDP | +10.8% |
| 1983 | 0.0612 current US$ per US$ of GDP | +31.2% |
| 1984 | 0.0421 current US$ per US$ of GDP | -31.2% |
| 1985 | 0.0272 current US$ per US$ of GDP | -35.3% |
| 1986 | 0.0203 current US$ per US$ of GDP | -25.6% |
| 1987 | 0.0175 current US$ per US$ of GDP | -13.8% |
| 1988 | 0.0204 current US$ per US$ of GDP | +17.0% |
| 1989 | 0.0187 current US$ per US$ of GDP | -8.3% |
| 1990 | 0.0154 current US$ per US$ of GDP | -17.8% |
| 1991 | 0.0128 current US$ per US$ of GDP | -17.1% |
| 1992 | 0.0116 current US$ per US$ of GDP | -9.0% |
| 1993 | 0.0106 current US$ per US$ of GDP | -9.2% |
| 1994 | 0.0099 current US$ per US$ of GDP | -6.5% |
| 1995 | 0.0087 current US$ per US$ of GDP | -12.1% |
| 1996 | 0.0097 current US$ per US$ of GDP | +12.1% |
| 1997 | 0.0063 current US$ per US$ of GDP | -35.8% |
| 1998 | 0.0076 current US$ per US$ of GDP | +22.0% |
| 1999 | 0.0059 current US$ per US$ of GDP | -22.4% |
| 2000 | 0.0121 current US$ per US$ of GDP | +104.3% |
| 2001 | 0.02 current US$ per US$ of GDP | +65.5% |
| 2002 | 0.0384 current US$ per US$ of GDP | +91.7% |
| 2003 | 0.0257 current US$ per US$ of GDP | -32.9% |
| 2004 | 0.0294 current US$ per US$ of GDP | +14.4% |
| 2005 | 0.0193 current US$ per US$ of GDP | -34.4% |
| 2006 | 0.0157 current US$ per US$ of GDP | -18.6% |
| 2007 | 0.0112 current US$ per US$ of GDP | -28.8% |
| 2008 | 0.0111 current US$ per US$ of GDP | -0.7% |
| 2009 | 0.0224 current US$ per US$ of GDP | +101.3% |
| 2010 | 0.0213 current US$ per US$ of GDP | -4.6% |
| 2011 | 0.0135 current US$ per US$ of GDP | -36.8% |
| 2012 | 0.0213 current US$ per US$ of GDP | +57.8% |
| 2013 | 0.0425 current US$ per US$ of GDP | +99.3% |
| 2014 | 0.0195 current US$ per US$ of GDP | -54.0% |
| 2015 | 0.0172 current US$ per US$ of GDP | -11.7% |
| 2016 | 0.0151 current US$ per US$ of GDP | -12.2% |
| 2017 | 0.0101 current US$ per US$ of GDP | -33.1% |
| 2018 | 0.0097 current US$ per US$ of GDP | -4.2% |
| 2019 | 0.0156 current US$ per US$ of GDP | +61.0% |
| 2020 | 0.0197 current US$ per US$ of GDP | +26.1% |
| 2021 | 0.0256 current US$ per US$ of GDP | +29.7% |
| 2022 | 0.0583 current US$ per US$ of GDP | +127.9% |
| 2023 | 0.1095 current US$ per US$ of GDP | +87.9% |
Libya compared with similar countries
- Libya's 0.1095 current US$ per US$ of GDP is above the median for upper middle income countries, which is 0.0083 current US$ per US$ of GDP, 13.2× the median. (54 countries reporting)
- Libya's 0.1095 current US$ per US$ of GDP is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.009 current US$ per US$ of GDP, 12.1× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0356 current US$ per US$ of GDP | 0.0272 current US$ per US$ of GDP | 0.0421 current US$ per US$ of GDP | 3 |
| 1980s | 0.0322 current US$ per US$ of GDP | 0.0175 current US$ per US$ of GDP | 0.0612 current US$ per US$ of GDP | 10 |
| 1990s | 0.0099 current US$ per US$ of GDP | 0.0059 current US$ per US$ of GDP | 0.0154 current US$ per US$ of GDP | 10 |
| 2000s | 0.0205 current US$ per US$ of GDP | 0.0111 current US$ per US$ of GDP | 0.0384 current US$ per US$ of GDP | 10 |
| 2010s | 0.0186 current US$ per US$ of GDP | 0.0097 current US$ per US$ of GDP | 0.0425 current US$ per US$ of GDP | 10 |
| 2020s | 0.0532 current US$ per US$ of GDP | 0.0197 current US$ per US$ of GDP | 0.1095 current US$ per US$ of GDP | 4 |
Countries ranked near Libya
- 1 Luxembourg 0.1978 current US$ per US$ of GDP compare
- 2 Naoero 0.156 current US$ per US$ of GDP compare
- 3 San Marino 0.1193 current US$ per US$ of GDP compare
- 5 Kuwait 0.1065 current US$ per US$ of GDP compare
- 6 Turks and Caicos Islands 0.0982 current US$ per US$ of GDP compare
- 7 Lebanon 0.0884 current US$ per US$ of GDP 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$), annual growth rate 12.66 % change on previous year (2025)
Frequently asked questions
- What is personal remittances, paid (current us$), per unit of gdp in Libya?
- Personal remittances, paid (current us$), per unit of gdp in Libya was 0.1095 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest personal remittances, paid (current us$), per unit of gdp recorded in Libya?
- The highest recorded value was 0.1095 current US$ per US$ of GDP in 2023.
- What is the lowest personal remittances, paid (current us$), per unit of gdp recorded in Libya?
- The lowest recorded value was 0.0059 current US$ per US$ of GDP in 1999.
- How does Libya rank for personal remittances, paid (current us$), per unit of gdp?
- Libya ranks 4th out of 195 countries with data for 2023.
- Is personal remittances, paid (current us$), per unit of gdp rising or falling in Libya?
- Over the last ten years it is up 157.8%. 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 Personal remittances, paid (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Personal remittances, paid (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Personal remittances, paid (current US$) ÷ GDP (current US$)
Computed from
- Personal remittances, paid IMF balance of payments data, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Personal remittances, paid (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.