Secondary income receipts in Libya
Libya: Secondary income receipts was 75.20 million BoP, current US$ in 2023. ◆ Volatile
Secondary income receipts in Libya, 1977–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Libya recorded 75.20 million BoP, current US$ for secondary income receipts in 2023.
The figure is down 14.5% on the previous year and down 75.2% over ten years.
Over the whole period, secondary income receipts in Libya peaked at 1.65 billion BoP, current US$ in 2006 and was at its lowest, 2.52 million BoP, current US$, in 1996.
That places Libya 179th out of 199 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income receipts in Libya, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 15.20 million BoP, current US$ | — |
| 1978 | 17.23 million BoP, current US$ | +13.3% |
| 1979 | 17.90 million BoP, current US$ | +3.9% |
| 1980 | 19.59 million BoP, current US$ | +9.4% |
| 1981 | 25.67 million BoP, current US$ | +31.0% |
| 1982 | 32.09 million BoP, current US$ | +25.0% |
| 1983 | 29.05 million BoP, current US$ | -9.5% |
| 1984 | 13.51 million BoP, current US$ | -53.5% |
| 1985 | 8.78 million BoP, current US$ | -35.0% |
| 1986 | 6.66 million BoP, current US$ | -24.2% |
| 1987 | 5.05 million BoP, current US$ | -24.2% |
| 1988 | 6.65 million BoP, current US$ | +31.7% |
| 1989 | 5.67 million BoP, current US$ | -14.7% |
| 1990 | 7.06 million BoP, current US$ | +24.5% |
| 1991 | 7.84 million BoP, current US$ | +11.0% |
| 1992 | 7.10 million BoP, current US$ | -9.4% |
| 1993 | 7.89 million BoP, current US$ | +11.0% |
| 1994 | 4.59 million BoP, current US$ | -41.8% |
| 1995 | 4.07 million BoP, current US$ | -11.5% |
| 1996 | 2.52 million BoP, current US$ | -38.1% |
| 1997 | 3.25 million BoP, current US$ | +29.2% |
| 1998 | 4.28 million BoP, current US$ | +31.4% |
| 1999 | 6.90 million BoP, current US$ | +61.3% |
| 2000 | 16.00 million BoP, current US$ | +131.9% |
| 2001 | 20.00 million BoP, current US$ | +25.0% |
| 2002 | 13.00 million BoP, current US$ | -35.0% |
| 2003 | 255.00 million BoP, current US$ | +1861.5% |
| 2004 | 254.00 million BoP, current US$ | -0.4% |
| 2005 | 418.00 million BoP, current US$ | +64.6% |
| 2006 | 1.65 billion BoP, current US$ | +293.8% |
| 2007 | 598.00 million BoP, current US$ | -63.7% |
| 2008 | 45.20 million BoP, current US$ | -92.4% |
| 2011 | 303.80 million BoP, current US$ | +572.1% |
| 2019 | 103.00 million BoP, current US$ | -66.1% |
| 2020 | 116.00 million BoP, current US$ | +12.6% |
| 2021 | 138.00 million BoP, current US$ | +19.0% |
| 2022 | 88.00 million BoP, current US$ | -36.2% |
| 2023 | 75.20 million BoP, current US$ | -14.5% |
Libya compared with similar countries
- Libya's 75.20 million BoP, current US$ is below the median for upper middle income countries, which is 2.45 billion BoP, current US$, 3% of the median. (57 countries reporting)
- Libya's 75.20 million BoP, current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.27 billion BoP, current US$, 3% of the median. (21 countries reporting)
Biggest year-on-year movements
Years where Secondary income receipts in Libya changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +1861.5% | 13.00 million BoP, current US$ | 255.00 million BoP, current US$ |
| 2011 | +572.1% | 45.20 million BoP, current US$ | 303.80 million BoP, current US$ |
| 2006 | +293.8% | 418.00 million BoP, current US$ | 1.65 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.78 million BoP, current US$ | 15.20 million BoP, current US$ | 17.90 million BoP, current US$ | 3 |
| 1980s | 15.27 million BoP, current US$ | 5.05 million BoP, current US$ | 32.09 million BoP, current US$ | 10 |
| 1990s | 5.55 million BoP, current US$ | 2.52 million BoP, current US$ | 7.89 million BoP, current US$ | 10 |
| 2000s | 362.80 million BoP, current US$ | 13.00 million BoP, current US$ | 1.65 billion BoP, current US$ | 9 |
| 2010s | 203.40 million BoP, current US$ | 103.00 million BoP, current US$ | 303.80 million BoP, current US$ | 2 |
| 2020s | 104.30 million BoP, current US$ | 75.20 million BoP, current US$ | 138.00 million BoP, current US$ | 4 |
Countries ranked near Libya
- 176 Central African Republic 92.58 million BoP, current US$ compare
- 177 Gabon 91.07 million BoP, current US$ compare
- 178 Saint Lucia 77.76 million BoP, current US$ compare
- 180 Andorra 72.33 million BoP, current US$ compare
- 181 Oman 67.62 million BoP, current US$ compare
- 182 San Marino 64.69 million 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$), annual growth rate 12.66 % change on previous year (2025)
Frequently asked questions
- What is secondary income receipts in Libya?
- Secondary income receipts in Libya was 75.20 million BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest secondary income receipts recorded in Libya?
- The highest recorded value was 1.65 billion BoP, current US$ in 2006.
- What is the lowest secondary income receipts recorded in Libya?
- The lowest recorded value was 2.52 million BoP, current US$ in 1996.
- How does Libya rank for secondary income receipts?
- Libya ranks 179th out of 199 countries with data for 2023.
- Is secondary income receipts rising or falling in Libya?
- Over the last ten years it is down 75.2%. 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 Secondary income receipts (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.