Service exports in Libya
Libya: Service exports was 642.20 million BoP, current US$ in 2023. ◆ Volatile
Service exports in Libya, 1977–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for service exports in Libya is 642.20 million BoP, current US$, measured in 2023. That is the highest value across all 47 years on record.
The figure is up 662.7% on the previous year and up 257.0% over ten years.
Over the whole period, service exports in Libya peaked at 642.20 million BoP, current US$ in 2023 and was at its lowest, 25.64 million BoP, current US$, in 1996.
Libya ranks 146th of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 144.01 million BoP, current US$ | 136.12 million BoP, current US$ | 153.35 million BoP, current US$ | 3 |
| 1980s | 132.61 million BoP, current US$ | 62.83 million BoP, current US$ | 170.24 million BoP, current US$ | 10 |
| 1990s | 58.98 million BoP, current US$ | 25.64 million BoP, current US$ | 116.89 million BoP, current US$ | 10 |
| 2000s | 336.02 million BoP, current US$ | 108.50 million BoP, current US$ | 534.00 million BoP, current US$ | 10 |
| 2010s | 193.89 million BoP, current US$ | 40.20 million BoP, current US$ | 483.00 million BoP, current US$ | 10 |
| 2020s | 258.70 million BoP, current US$ | 82.80 million BoP, current US$ | 642.20 million BoP, current US$ | 4 |
Countries ranked near Libya
- 143 Turks and Caicos Islands 821.02 million BoP, current US$ compare
- 144 Grenada 755.75 million BoP, current US$ compare
- 145 Afghanistan 699.57 million BoP, current US$ compare
- 147 Burkina Faso 630.15 million BoP, current US$ compare
- 148 Palestine 606.76 million BoP, current US$ compare
- 149 Democratic Republic of Congo 548.13 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 service exports in Libya?
- Service exports in Libya was 642.20 million BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service exports recorded in Libya?
- The highest recorded value was 642.20 million BoP, current US$ in 2023.
- What is the lowest service exports recorded in Libya?
- The lowest recorded value was 25.64 million BoP, current US$ in 1996.
- How does Libya rank for service exports?
- Libya ranks 146th out of 198 countries with data for 2023.
- Is service exports rising or falling in Libya?
- Over the last ten years it is up 257.0%. 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 Service exports (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Exports of services are services provided by residents to non-residents. 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.