Personal remittances, paid in Libya
Libya: Personal remittances, paid was 4.82 billion current US$ in 2023. ◆ Volatile
Personal remittances, paid in Libya, 1977–2023
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
The most recent figure for personal remittances, paid in Libya is 4.82 billion current US$, measured in 2023. That is the highest value across all 47 years on record.
Compared with earlier readings it is up 91.3% on the previous year and up 50.6% over ten years.
Over the whole period, personal remittances, paid in Libya peaked at 4.82 billion current US$ in 2023 and was at its lowest, 192.03 million current US$, in 1997.
Libya ranks 29th of 196 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, paid in Libya, year by year
| Year | current US$ | Change |
|---|---|---|
| 1977 | 839.72 million current US$ | — |
| 1978 | 931.93 million current US$ | +11.0% |
| 1979 | 831.61 million current US$ | -10.8% |
| 1980 | 1.05 billion current US$ | +26.5% |
| 1981 | 1.53 billion current US$ | +45.5% |
| 1982 | 1.57 billion current US$ | +2.9% |
| 1983 | 2.03 billion current US$ | +29.0% |
| 1984 | 1.24 billion current US$ | -39.0% |
| 1985 | 858.97 million current US$ | -30.7% |
| 1986 | 489.86 million current US$ | -43.0% |
| 1987 | 466.29 million current US$ | -4.8% |
| 1988 | 496.91 million current US$ | +6.6% |
| 1989 | 471.63 million current US$ | -5.1% |
| 1990 | 445.66 million current US$ | -5.5% |
| 1991 | 408.94 million current US$ | -8.2% |
| 1992 | 394.24 million current US$ | -3.6% |
| 1993 | 323.95 million current US$ | -17.8% |
| 1994 | 282.75 million current US$ | -12.7% |
| 1995 | 221.93 million current US$ | -21.5% |
| 1996 | 271.52 million current US$ | +22.3% |
| 1997 | 192.03 million current US$ | -29.3% |
| 1998 | 207.88 million current US$ | +8.3% |
| 1999 | 213.02 million current US$ | +2.5% |
| 2000 | 463.00 million current US$ | +117.4% |
| 2001 | 683.00 million current US$ | +47.5% |
| 2002 | 786.00 million current US$ | +15.1% |
| 2003 | 676.00 million current US$ | -14.0% |
| 2004 | 975.00 million current US$ | +44.2% |
| 2005 | 914.00 million current US$ | -6.3% |
| 2006 | 945.00 million current US$ | +3.4% |
| 2007 | 762.20 million current US$ | -19.3% |
| 2008 | 964.20 million current US$ | +26.5% |
| 2009 | 1.36 billion current US$ | +41.2% |
| 2010 | 1.61 billion current US$ | +18.2% |
| 2011 | 650.00 million current US$ | -59.6% |
| 2012 | 1.97 billion current US$ | +203.2% |
| 2013 | 3.20 billion current US$ | +62.3% |
| 2014 | 1.12 billion current US$ | -65.0% |
| 2015 | 839.80 million current US$ | -25.0% |
| 2016 | 755.80 million current US$ | -10.0% |
| 2017 | 680.20 million current US$ | -10.0% |
| 2018 | 744.20 million current US$ | +9.4% |
| 2019 | 1.08 billion current US$ | +45.4% |
| 2020 | 923.60 million current US$ | -14.7% |
| 2021 | 900.40 million current US$ | -2.5% |
| 2022 | 2.52 billion current US$ | +179.8% |
| 2023 | 4.82 billion current US$ | +91.3% |
Libya compared with similar countries
- Libya's 4.82 billion current US$ is above the median for upper middle income countries, which is 267.45 million current US$, 18.0× the median. (54 countries reporting)
- Libya's 4.82 billion current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 576.90 million current US$, 8.4× the median. (21 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, paid in Libya changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | +203.2% | 650.00 million current US$ | 1.97 billion current US$ |
| 2022 | +179.8% | 900.40 million current US$ | 2.52 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 867.76 million current US$ | 831.61 million current US$ | 931.93 million current US$ | 3 |
| 1980s | 1.02 billion current US$ | 466.29 million current US$ | 2.03 billion current US$ | 10 |
| 1990s | 296.19 million current US$ | 192.03 million current US$ | 445.66 million current US$ | 10 |
| 2000s | 852.94 million current US$ | 463.00 million current US$ | 1.36 billion current US$ | 10 |
| 2010s | 1.27 billion current US$ | 650.00 million current US$ | 3.20 billion current US$ | 10 |
| 2020s | 2.29 billion current US$ | 900.40 million current US$ | 4.82 billion 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$), annual growth rate 12.66 % change on previous year (2025)
Frequently asked questions
- What is personal remittances, paid in Libya?
- Personal remittances, paid in Libya was 4.82 billion current US$ in 2023, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, paid recorded in Libya?
- The highest recorded value was 4.82 billion current US$ in 2023.
- What is the lowest personal remittances, paid recorded in Libya?
- The lowest recorded value was 192.03 million current US$ in 1997.
- How does Libya rank for personal remittances, paid?
- Libya ranks 29th out of 196 countries with data for 2023.
- Is personal remittances, paid rising or falling in Libya?
- Over the last ten years it is up 50.6%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, paid (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
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.