Primary income payments in Libya
Libya: Primary income payments was 1.85 billion BoP, current US$ in 2023. ◆ Volatile
Latest (2023)
1.85 billion BoP, current US$
Change on year
up 7.3%
World rank
106th
of 200 countries
All-time high
4.32 billion BoP, current US$
in 2012
All-time low
217.93 million BoP, current US$
in 1998
Years of data
47
1977–2023
Primary income payments in Libya, 1977–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for primary income payments in Libya is 1.85 billion BoP, current US$, measured in 2023.
The figure is up 7.3% on the previous year and down 34.2% over ten years.
Over the whole period, primary income payments in Libya peaked at 4.32 billion BoP, current US$ in 2012 and was at its lowest, 217.93 million BoP, current US$, in 1998.
That places Libya 106th out of 200 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income payments in Libya, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 1.46 billion BoP, current US$ | — |
| 1978 | 1.37 billion BoP, current US$ | -6.1% |
| 1979 | 1.27 billion BoP, current US$ | -7.1% |
| 1980 | 1.35 billion BoP, current US$ | +5.8% |
| 1981 | 1.52 billion BoP, current US$ | +12.7% |
| 1982 | 1.38 billion BoP, current US$ | -9.3% |
| 1983 | 1.43 billion BoP, current US$ | +4.1% |
| 1984 | 1.22 billion BoP, current US$ | -15.0% |
| 1985 | 539.77 million BoP, current US$ | -55.7% |
| 1986 | 590.37 million BoP, current US$ | +9.4% |
| 1987 | 360.57 million BoP, current US$ | -38.9% |
| 1988 | 437.42 million BoP, current US$ | +21.3% |
| 1989 | 387.51 million BoP, current US$ | -11.4% |
| 1990 | 492.62 million BoP, current US$ | +27.1% |
| 1991 | 502.26 million BoP, current US$ | +2.0% |
| 1992 | 451.78 million BoP, current US$ | -10.1% |
| 1993 | 601.57 million BoP, current US$ | +33.2% |
| 1994 | 403.31 million BoP, current US$ | -33.0% |
| 1995 | 302.05 million BoP, current US$ | -25.1% |
| 1996 | 294.64 million BoP, current US$ | -2.5% |
| 1997 | 293.14 million BoP, current US$ | -0.5% |
| 1998 | 217.93 million BoP, current US$ | -25.7% |
| 1999 | 235.01 million BoP, current US$ | +7.8% |
| 2000 | 1.15 billion BoP, current US$ | +390.2% |
| 2001 | 1.58 billion BoP, current US$ | +37.4% |
| 2002 | 1.51 billion BoP, current US$ | -4.7% |
| 2003 | 1.15 billion BoP, current US$ | -23.8% |
| 2004 | 1.39 billion BoP, current US$ | +21.3% |
| 2005 | 2.12 billion BoP, current US$ | +51.9% |
| 2006 | 2.77 billion BoP, current US$ | +31.0% |
| 2007 | 2.50 billion BoP, current US$ | -9.9% |
| 2008 | 3.88 billion BoP, current US$ | +55.4% |
| 2009 | 1.88 billion BoP, current US$ | -51.5% |
| 2010 | 2.35 billion BoP, current US$ | +24.7% |
| 2011 | 1.15 billion BoP, current US$ | -50.9% |
| 2012 | 4.32 billion BoP, current US$ | +274.7% |
| 2013 | 2.81 billion BoP, current US$ | -35.1% |
| 2014 | 1.28 billion BoP, current US$ | -54.6% |
| 2015 | 458.60 million BoP, current US$ | -64.1% |
| 2016 | 485.70 million BoP, current US$ | +5.9% |
| 2017 | 1.15 billion BoP, current US$ | +137.7% |
| 2018 | 1.38 billion BoP, current US$ | +19.5% |
| 2019 | 1.33 billion BoP, current US$ | -3.7% |
| 2020 | 337.00 million BoP, current US$ | -74.6% |
| 2021 | 1.41 billion BoP, current US$ | +317.7% |
| 2022 | 1.72 billion BoP, current US$ | +22.4% |
| 2023 | 1.85 billion BoP, current US$ | +7.3% |
Libya compared with similar countries
- Libya's 1.85 billion BoP, current US$ is below the median for upper middle income countries, which is 3.01 billion BoP, current US$, 61% of the median. (57 countries reporting)
- Libya's 1.85 billion BoP, current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.79 billion BoP, current US$, 49% of the median. (22 countries reporting)
Biggest year-on-year movements
Years where Primary income payments in Libya changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +390.2% | 235.01 million BoP, current US$ | 1.15 billion BoP, current US$ |
| 2021 | +317.7% | 337.00 million BoP, current US$ | 1.41 billion BoP, current US$ |
| 2012 | +274.7% | 1.15 billion BoP, current US$ | 4.32 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.37 billion BoP, current US$ | 1.27 billion BoP, current US$ | 1.46 billion BoP, current US$ | 3 |
| 1980s | 920.67 million BoP, current US$ | 360.57 million BoP, current US$ | 1.52 billion BoP, current US$ | 10 |
| 1990s | 379.43 million BoP, current US$ | 217.93 million BoP, current US$ | 601.57 million BoP, current US$ | 10 |
| 2000s | 1.99 billion BoP, current US$ | 1.15 billion BoP, current US$ | 3.88 billion BoP, current US$ | 10 |
| 2010s | 1.67 billion BoP, current US$ | 458.60 million BoP, current US$ | 4.32 billion BoP, current US$ | 10 |
| 2020s | 1.33 billion BoP, current US$ | 337.00 million BoP, current US$ | 1.85 billion BoP, current US$ | 4 |
Countries ranked near Libya
- 103 Papua New Guinea 2.00 billion BoP, current US$ compare
- 104 Bolivia 1.88 billion BoP, current US$ compare
- 105 Senegal 1.86 billion BoP, current US$ compare
- 107 Syria 1.83 billion BoP, current US$ compare
- 108 Congo 1.71 billion BoP, current US$ compare
- 109 Armenia 1.68 billion BoP, current US$ 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$), annual growth rate 12.66 % change on previous year (2025)
Frequently asked questions
- What is primary income payments in Libya?
- Primary income payments in Libya was 1.85 billion BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest primary income payments recorded in Libya?
- The highest recorded value was 4.32 billion BoP, current US$ in 2012.
- What is the lowest primary income payments recorded in Libya?
- The lowest recorded value was 217.93 million BoP, current US$ in 1998.
- How does Libya rank for primary income payments?
- Libya ranks 106th out of 200 countries with data for 2023.
- Is primary income payments rising or falling in Libya?
- Over the last ten years it is down 34.2%. 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 Primary income payments (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
Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments).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.