Service exports (BoP, current US$), per unit of GDP in Libya
Libya: Service exports (BoP, current US$), per unit of GDP was 0.0146 BoP, current US$ per US$ of GDP in 2023. ◆ Volatile
Service exports (BoP, current US$), per unit of GDP in Libya, 1977–2023
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
In 2023, service exports (bop, current us$), per unit of gdp in Libya stood at 0.0146 BoP, current US$ per US$ of GDP.
That represents a change of up 649.2% on the previous year and up 510.9% over ten years.
Over the whole period, service exports (bop, current us$), per unit of gdp in Libya peaked at 0.0196 BoP, current US$ per US$ of GDP in 2002 and was at its lowest, 0.0008 BoP, current US$ per US$ of GDP, in 2011.
Libya ranks 185th of 199 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports (BoP, current US$), per unit of GDP in Libya, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1977 | 0.0061 BoP, current US$ per US$ of GDP | — |
| 1978 | 0.0069 BoP, current US$ per US$ of GDP | +14.1% |
| 1979 | 0.0047 BoP, current US$ per US$ of GDP | -32.6% |
| 1980 | 0.004 BoP, current US$ per US$ of GDP | -14.0% |
| 1981 | 0.0045 BoP, current US$ per US$ of GDP | +11.7% |
| 1982 | 0.0048 BoP, current US$ per US$ of GDP | +8.0% |
| 1983 | 0.0049 BoP, current US$ per US$ of GDP | +0.2% |
| 1984 | 0.0058 BoP, current US$ per US$ of GDP | +19.0% |
| 1985 | 0.002 BoP, current US$ per US$ of GDP | -65.5% |
| 1986 | 0.0034 BoP, current US$ per US$ of GDP | +70.4% |
| 1987 | 0.0042 BoP, current US$ per US$ of GDP | +24.4% |
| 1988 | 0.0053 BoP, current US$ per US$ of GDP | +25.1% |
| 1989 | 0.0047 BoP, current US$ per US$ of GDP | -11.6% |
| 1990 | 0.004 BoP, current US$ per US$ of GDP | -13.4% |
| 1991 | 0.0031 BoP, current US$ per US$ of GDP | -23.7% |
| 1992 | 0.003 BoP, current US$ per US$ of GDP | -4.2% |
| 1993 | 0.0018 BoP, current US$ per US$ of GDP | -39.5% |
| 1994 | 0.0013 BoP, current US$ per US$ of GDP | -28.2% |
| 1995 | 0.0012 BoP, current US$ per US$ of GDP | -6.7% |
| 1996 | 0.0009 BoP, current US$ per US$ of GDP | -23.3% |
| 1997 | 0.0009 BoP, current US$ per US$ of GDP | -2.4% |
| 1998 | 0.0015 BoP, current US$ per US$ of GDP | +61.8% |
| 1999 | 0.0016 BoP, current US$ per US$ of GDP | +13.1% |
| 2000 | 0.0045 BoP, current US$ per US$ of GDP | +173.7% |
| 2001 | 0.0054 BoP, current US$ per US$ of GDP | +20.0% |
| 2002 | 0.0196 BoP, current US$ per US$ of GDP | +263.0% |
| 2003 | 0.0168 BoP, current US$ per US$ of GDP | -14.0% |
| 2004 | 0.0132 BoP, current US$ per US$ of GDP | -21.6% |
| 2005 | 0.0113 BoP, current US$ per US$ of GDP | -14.5% |
| 2006 | 0.0081 BoP, current US$ per US$ of GDP | -27.9% |
| 2007 | 0.0016 BoP, current US$ per US$ of GDP | -80.4% |
| 2008 | 0.0024 BoP, current US$ per US$ of GDP | +50.2% |
| 2009 | 0.0063 BoP, current US$ per US$ of GDP | +164.3% |
| 2010 | 0.0054 BoP, current US$ per US$ of GDP | -14.1% |
| 2011 | 0.0008 BoP, current US$ per US$ of GDP | -84.7% |
| 2012 | 0.0016 BoP, current US$ per US$ of GDP | +97.1% |
| 2013 | 0.0024 BoP, current US$ per US$ of GDP | +45.2% |
| 2014 | 0.0014 BoP, current US$ per US$ of GDP | -42.2% |
| 2015 | 0.0099 BoP, current US$ per US$ of GDP | +618.2% |
| 2016 | 0.0017 BoP, current US$ per US$ of GDP | -82.7% |
| 2017 | 0.0016 BoP, current US$ per US$ of GDP | -7.0% |
| 2018 | 0.0017 BoP, current US$ per US$ of GDP | +9.4% |
| 2019 | 0.0039 BoP, current US$ per US$ of GDP | +122.0% |
| 2020 | 0.0048 BoP, current US$ per US$ of GDP | +24.4% |
| 2021 | 0.0024 BoP, current US$ per US$ of GDP | -51.2% |
| 2022 | 0.0019 BoP, current US$ per US$ of GDP | -17.2% |
| 2023 | 0.0146 BoP, current US$ per US$ of GDP | +649.2% |
Libya compared with similar countries
- Libya's 0.0146 BoP, current US$ per US$ of GDP is below the median for upper middle income countries, which is 0.1133 BoP, current US$ per US$ of GDP, 13% of the median. (57 countries reporting)
- Libya's 0.0146 BoP, current US$ per US$ of GDP is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.087 BoP, current US$ per US$ of GDP, 17% of the median. (22 countries reporting)
Biggest year-on-year movements
Years where Service exports (BoP, current US$), per unit of GDP in Libya changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +649.2% | 0.0019 BoP, current US$ per US$ of GDP | 0.0146 BoP, current US$ per US$ of GDP |
| 2015 | +618.2% | 0.0014 BoP, current US$ per US$ of GDP | 0.0099 BoP, current US$ per US$ of GDP |
| 2002 | +263.0% | 0.0054 BoP, current US$ per US$ of GDP | 0.0196 BoP, current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0059 BoP, current US$ per US$ of GDP | 0.0047 BoP, current US$ per US$ of GDP | 0.0069 BoP, current US$ per US$ of GDP | 3 |
| 1980s | 0.0044 BoP, current US$ per US$ of GDP | 0.002 BoP, current US$ per US$ of GDP | 0.0058 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.0019 BoP, current US$ per US$ of GDP | 0.0009 BoP, current US$ per US$ of GDP | 0.004 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.0089 BoP, current US$ per US$ of GDP | 0.0016 BoP, current US$ per US$ of GDP | 0.0196 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.0031 BoP, current US$ per US$ of GDP | 0.0008 BoP, current US$ per US$ of GDP | 0.0099 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.0059 BoP, current US$ per US$ of GDP | 0.0019 BoP, current US$ per US$ of GDP | 0.0146 BoP, current US$ per US$ of GDP | 4 |
Countries ranked near Libya
- 182 Congo 0.0162 BoP, current US$ per US$ of GDP compare
- 183 Algeria 0.0157 BoP, current US$ per US$ of GDP compare
- 184 Yemen 0.0149 BoP, current US$ per US$ of GDP compare
- 186 Cote d'Ivoire 0.0139 BoP, current US$ per US$ of GDP compare
- 187 Iran 0.0126 BoP, current US$ per US$ of GDP compare
- 188 Niger 0.0126 BoP, current US$ per US$ of GDP 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$), annual growth rate 12.66 % change on previous year (2025)
Frequently asked questions
- What is service exports (bop, current us$), per unit of gdp in Libya?
- Service exports (bop, current us$), per unit of gdp in Libya was 0.0146 BoP, current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest service exports (bop, current us$), per unit of gdp recorded in Libya?
- The highest recorded value was 0.0196 BoP, current US$ per US$ of GDP in 2002.
- What is the lowest service exports (bop, current us$), per unit of gdp recorded in Libya?
- The lowest recorded value was 0.0008 BoP, current US$ per US$ of GDP in 2011.
- How does Libya rank for service exports (bop, current us$), per unit of gdp?
- Libya ranks 185th out of 199 countries with data for 2023.
- Is service exports (bop, current us$), per unit of gdp rising or falling in Libya?
- Over the last ten years it is up 510.9%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from Statizoid (derived), published as part of Service exports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Service exports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.