Personal remittances, received (current US$) (Personal IMF balance) in Libya
Libya: Personal remittances, received (current US$) (Personal IMF balance) was 16.00 million current US$ in 2006. ▲ Rising
Personal remittances, received in Libya, 2000–2006
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
Libya recorded 16.00 million current US$ for personal remittances, received in 2006. That is the highest value across all 7 years on record.
The figure is up 6.7% on the previous year and up 77.8% over ten years.
That places Libya 184th out of 197 countries with data for 2006, putting it in the bottom quarter.
Personal remittances, received (current US$) (Personal IMF balance) in Libya, year by year
| Year | current US$ | Change |
|---|---|---|
| 2000 | 9.00 million current US$ | — |
| 2001 | 10.00 million current US$ | +11.1% |
| 2002 | 7.00 million current US$ | -30.0% |
| 2003 | 8.00 million current US$ | +14.3% |
| 2004 | 10.00 million current US$ | +25.0% |
| 2005 | 15.00 million current US$ | +50.0% |
| 2006 | 16.00 million current US$ | +6.7% |
Libya compared with similar countries
- Libya's 16.00 million current US$ is below the median for upper middle income countries, which is 1.49 billion current US$, 1% of the median. (57 countries reporting)
- Libya's 16.00 million current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.16 billion current US$, 1% of the median. (21 countries reporting)
Countries ranked near Libya
More economy & growth data for Libya
- Real gdp growth, annual growth rate -240.99 % change on previous year (2019)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.31 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 6.09 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.094 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 605.92 units per person (2025)
- SDRs holdings, SDR, annual growth rate 1.03 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0686 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 442.44 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is personal remittances, received in Libya?
- Personal remittances, received in Libya was 16.00 million current US$ in 2006, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, received recorded in Libya?
- The highest recorded value was 16.00 million current US$ in 2006.
- What is the lowest personal remittances, received recorded in Libya?
- The lowest recorded value was 7.00 million current US$ in 2002.
- How does Libya rank for personal remittances, received?
- Libya ranks 184th out of 197 countries with data for 2006.
- Is personal remittances, received rising or falling in Libya?
- Over the last ten years it is up 77.8%. The long-run trend across the full record is rising.
- 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, received (current US$). Statizoid updates them automatically from the source API.
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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.