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$, in 1996.
That places Libya 177th out of 197 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.78 million BoP, current US$ | 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
- 174 Central African Republic 92.58 million BoP, current US$ compare
- 175 Gabon 91.07 million BoP, current US$ compare
- 176 Saint Lucia 77.76 million BoP, current US$ compare
- 178 Andorra 72.33 million BoP, current US$ compare
- 179 Oman 67.62 million BoP, current US$ compare
- 180 San Marino 64.69 million 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 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 177th out of 197 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.