Primary income payments in Libya
Libya: Primary income payments was 1.85 billion BoP, current US$ in 2023. ◆ Volatile
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$, in 1998.
That places Libya 106th out of 198 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.37 billion BoP, current US$ | 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
- External balance on goods and services as a percent of GDP 5.8% (2025)
- Inflation of consumer prices 1.8% (2025)
- GDP per capita 8,634 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 2.8% (2017)
- Gross domestic product (GDP) 64.40 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 8,634 constant 2015 US$ (2025)
- DEC alternative conversion factor 5.31 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -22.55 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -4.25 billion current US$ (2025)
- Taxes less subsidies on products -4.24 billion current LCU (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 198 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.
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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.