Secondary income, other sectors, payments in Libya
Libya: Secondary income, other sectors, payments was 4.80 billion BoP, current US$ in 2023. ◆ Volatile
Secondary income, other sectors, payments in Libya, 1977–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for secondary income, other sectors, payments in Libya is 4.80 billion BoP, current US$, measured in 2023. That is the highest value across all 47 years on record.
Compared with earlier readings it is up 92.0% on the previous year and up 50.0% over ten years.
Over the whole period, secondary income, other sectors, payments in Libya peaked at 4.80 billion BoP, current US$ in 2023 and was at its lowest, 192.03 million BoP, current US$, in 1997.
That places Libya 37th out of 197 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 896.35 million BoP, current US$ | 858.30 million BoP, current US$ | 971.79 million BoP, current US$ | 3 |
| 1980s | 1.03 billion BoP, current US$ | 466.29 million BoP, current US$ | 2.04 billion BoP, current US$ | 10 |
| 1990s | 296.19 million BoP, current US$ | 192.03 million BoP, current US$ | 445.66 million BoP, current US$ | 10 |
| 2000s | 860.14 million BoP, current US$ | 454.00 million BoP, current US$ | 1.36 billion BoP, current US$ | 10 |
| 2010s | 1.26 billion BoP, current US$ | 650.00 million BoP, current US$ | 3.20 billion BoP, current US$ | 10 |
| 2020s | 2.27 billion BoP, current US$ | 881.00 million BoP, current US$ | 4.80 billion BoP, current US$ | 4 |
Countries ranked near Libya
- 34 Portugal 5.45 billion BoP, current US$ compare
- 35 Hong Kong (China) 4.98 billion BoP, current US$ compare
- 36 Czechia 4.97 billion BoP, current US$ compare
- 38 Chile 4.74 billion BoP, current US$ compare
- 39 Macau (China) 4.02 billion BoP, current US$ compare
- 40 Denmark 3.77 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)
- Taxes less subsidies on products (current US$), annual growth rate 61.03 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP -0.0166 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita -107.16 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 57.21 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP -0.0882 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita -568.48 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.1351 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 7.4 (2025)
Frequently asked questions
- What is secondary income, other sectors, payments in Libya?
- Secondary income, other sectors, payments in Libya was 4.80 billion BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest secondary income, other sectors, payments recorded in Libya?
- The highest recorded value was 4.80 billion BoP, current US$ in 2023.
- What is the lowest secondary income, other sectors, payments recorded in Libya?
- The lowest recorded value was 192.03 million BoP, current US$ in 1997.
- How does Libya rank for secondary income, other sectors, payments?
- Libya ranks 37th out of 197 countries with data for 2023.
- Is secondary income, other sectors, payments rising or falling in Libya?
- Over the last ten years it is up 50.0%. 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 Secondary income, other sectors, payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. 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.