Primary income receipts (BoP, current US$) in Libya
Libya: Primary income receipts (BoP, current US$) was 4.03 billion BoP, current US$ in 2023. ◆ Volatile
Primary income receipts in Libya, 1977–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2023, primary income receipts in Libya stood at 4.03 billion BoP, current US$.
Compared with earlier readings it is up 118.2% on the previous year and up 68.6% over ten years.
Over the whole period, primary income receipts in Libya peaked at 4.52 billion BoP, current US$ in 2007 and was at its lowest, 243.88 million BoP, current US$, in 1977.
Libya ranks 64th of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income receipts (BoP, current US$) in Libya, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 243.88 million BoP, current US$ | — |
| 1978 | 317.18 million BoP, current US$ | +30.1% |
| 1979 | 423.58 million BoP, current US$ | +33.5% |
| 1980 | 1.28 billion BoP, current US$ | +202.6% |
| 1981 | 1.63 billion BoP, current US$ | +26.9% |
| 1982 | 867.75 million BoP, current US$ | -46.7% |
| 1983 | 676.23 million BoP, current US$ | -22.1% |
| 1984 | 550.24 million BoP, current US$ | -18.6% |
| 1985 | 463.09 million BoP, current US$ | -15.8% |
| 1986 | 546.30 million BoP, current US$ | +18.0% |
| 1987 | 725.18 million BoP, current US$ | +32.7% |
| 1988 | 762.16 million BoP, current US$ | +5.1% |
| 1989 | 447.26 million BoP, current US$ | -41.3% |
| 1990 | 666.37 million BoP, current US$ | +49.0% |
| 1991 | 650.81 million BoP, current US$ | -2.3% |
| 1992 | 775.70 million BoP, current US$ | +19.2% |
| 1993 | 570.69 million BoP, current US$ | -26.4% |
| 1994 | 448.38 million BoP, current US$ | -21.4% |
| 1995 | 435.50 million BoP, current US$ | -2.9% |
| 1996 | 474.36 million BoP, current US$ | +8.9% |
| 1997 | 529.87 million BoP, current US$ | +11.7% |
| 1998 | 532.75 million BoP, current US$ | +0.5% |
| 1999 | 545.91 million BoP, current US$ | +2.5% |
| 2000 | 723.00 million BoP, current US$ | +32.4% |
| 2001 | 684.00 million BoP, current US$ | -5.4% |
| 2002 | 1.77 billion BoP, current US$ | +159.2% |
| 2003 | 1.69 billion BoP, current US$ | -4.7% |
| 2004 | 1.34 billion BoP, current US$ | -20.7% |
| 2005 | 1.84 billion BoP, current US$ | +37.2% |
| 2006 | 2.18 billion BoP, current US$ | +18.7% |
| 2007 | 4.52 billion BoP, current US$ | +107.2% |
| 2008 | 4.47 billion BoP, current US$ | -1.0% |
| 2009 | 2.46 billion BoP, current US$ | -45.0% |
| 2010 | 2.32 billion BoP, current US$ | -5.8% |
| 2011 | 1.21 billion BoP, current US$ | -47.8% |
| 2012 | 2.39 billion BoP, current US$ | +97.7% |
| 2013 | 2.39 billion BoP, current US$ | +0.0% |
| 2014 | 1.86 billion BoP, current US$ | -22.3% |
| 2015 | 1.70 billion BoP, current US$ | -8.8% |
| 2016 | 1.24 billion BoP, current US$ | -27.1% |
| 2017 | 2.44 billion BoP, current US$ | +97.3% |
| 2018 | 2.29 billion BoP, current US$ | -6.0% |
| 2019 | 3.16 billion BoP, current US$ | +37.7% |
| 2020 | 1.17 billion BoP, current US$ | -62.8% |
| 2021 | 871.00 million BoP, current US$ | -25.8% |
| 2022 | 1.85 billion BoP, current US$ | +112.3% |
| 2023 | 4.03 billion BoP, current US$ | +118.2% |
Libya compared with similar countries
- Libya's 4.03 billion BoP, current US$ is above the median for upper middle income countries, which is 1.13 billion BoP, current US$, 3.6× the median. (56 countries reporting)
- Libya's 4.03 billion BoP, current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.80 billion BoP, current US$, 2.2× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 328.21 million BoP, current US$ | 243.88 million BoP, current US$ | 423.58 million BoP, current US$ | 3 |
| 1980s | 794.68 million BoP, current US$ | 447.26 million BoP, current US$ | 1.63 billion BoP, current US$ | 10 |
| 1990s | 563.03 million BoP, current US$ | 435.50 million BoP, current US$ | 775.70 million BoP, current US$ | 10 |
| 2000s | 2.17 billion BoP, current US$ | 684.00 million BoP, current US$ | 4.52 billion BoP, current US$ | 10 |
| 2010s | 2.10 billion BoP, current US$ | 1.21 billion BoP, current US$ | 3.16 billion BoP, current US$ | 10 |
| 2020s | 1.98 billion BoP, current US$ | 871.00 million BoP, current US$ | 4.03 billion BoP, current US$ | 4 |
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 primary income receipts in Libya?
- Primary income receipts in Libya was 4.03 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 receipts recorded in Libya?
- The highest recorded value was 4.52 billion BoP, current US$ in 2007.
- What is the lowest primary income receipts recorded in Libya?
- The lowest recorded value was 243.88 million BoP, current US$ in 1977.
- How does Libya rank for primary income receipts?
- Libya ranks 64th out of 199 countries with data for 2023.
- Is primary income receipts rising or falling in Libya?
- Over the last ten years it is up 68.6%. 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 receipts (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Primary income receipts refer to employee compensation paid to resident workers working abroad and investment income (receipts on direct investment, portfolio investment, other investments, and receipts on reserve assets). 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.