Service imports (BoP, current US$), per unit of GDP in Libya
Libya: Service imports (BoP, current US$), per unit of GDP was 0.2284 BoP, current US$ per US$ of GDP in 2023. ◆ Volatile
Service imports (BoP, current US$), per unit of GDP in Libya, 1977–2023
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
The most recent figure for service imports (bop, current us$), per unit of gdp in Libya is 0.2284 BoP, current US$ per US$ of GDP, measured in 2023.
The figure is up 20.3% on the previous year and up 103.1% over ten years.
Over the whole period, service imports (bop, current us$), per unit of gdp in Libya peaked at 0.2399 BoP, current US$ per US$ of GDP in 2021 and was at its lowest, 0.0225 BoP, current US$ per US$ of GDP, in 1995.
Libya ranks 31st of 199 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Service imports (BoP, current US$), per unit of GDP in Libya, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1977 | 0.058 BoP, current US$ per US$ of GDP | — |
| 1978 | 0.0654 BoP, current US$ per US$ of GDP | +12.8% |
| 1979 | 0.064 BoP, current US$ per US$ of GDP | -2.3% |
| 1980 | 0.0562 BoP, current US$ per US$ of GDP | -12.1% |
| 1981 | 0.0758 BoP, current US$ per US$ of GDP | +34.8% |
| 1982 | 0.0671 BoP, current US$ per US$ of GDP | -11.5% |
| 1983 | 0.0697 BoP, current US$ per US$ of GDP | +3.9% |
| 1984 | 0.0747 BoP, current US$ per US$ of GDP | +7.1% |
| 1985 | 0.0563 BoP, current US$ per US$ of GDP | -24.7% |
| 1986 | 0.0432 BoP, current US$ per US$ of GDP | -23.2% |
| 1987 | 0.0534 BoP, current US$ per US$ of GDP | +23.5% |
| 1988 | 0.0673 BoP, current US$ per US$ of GDP | +26.1% |
| 1989 | 0.0589 BoP, current US$ per US$ of GDP | -12.6% |
| 1990 | 0.0479 BoP, current US$ per US$ of GDP | -18.6% |
| 1991 | 0.0843 BoP, current US$ per US$ of GDP | +75.8% |
| 1992 | 0.0356 BoP, current US$ per US$ of GDP | -57.8% |
| 1993 | 0.0383 BoP, current US$ per US$ of GDP | +7.6% |
| 1994 | 0.0251 BoP, current US$ per US$ of GDP | -34.4% |
| 1995 | 0.0225 BoP, current US$ per US$ of GDP | -10.4% |
| 1996 | 0.0277 BoP, current US$ per US$ of GDP | +23.1% |
| 1997 | 0.0244 BoP, current US$ per US$ of GDP | -12.1% |
| 1998 | 0.027 BoP, current US$ per US$ of GDP | +10.8% |
| 1999 | 0.0275 BoP, current US$ per US$ of GDP | +1.9% |
| 2000 | 0.0234 BoP, current US$ per US$ of GDP | -14.9% |
| 2001 | 0.0303 BoP, current US$ per US$ of GDP | +29.6% |
| 2002 | 0.0754 BoP, current US$ per US$ of GDP | +148.7% |
| 2003 | 0.0608 BoP, current US$ per US$ of GDP | -19.3% |
| 2004 | 0.0578 BoP, current US$ per US$ of GDP | -5.0% |
| 2005 | 0.0496 BoP, current US$ per US$ of GDP | -14.1% |
| 2006 | 0.0427 BoP, current US$ per US$ of GDP | -14.0% |
| 2007 | 0.0386 BoP, current US$ per US$ of GDP | -9.6% |
| 2008 | 0.0501 BoP, current US$ per US$ of GDP | +29.9% |
| 2009 | 0.0833 BoP, current US$ per US$ of GDP | +66.2% |
| 2010 | 0.0813 BoP, current US$ per US$ of GDP | -2.4% |
| 2011 | 0.0911 BoP, current US$ per US$ of GDP | +12.0% |
| 2012 | 0.0756 BoP, current US$ per US$ of GDP | -17.0% |
| 2013 | 0.1124 BoP, current US$ per US$ of GDP | +48.7% |
| 2014 | 0.13 BoP, current US$ per US$ of GDP | +15.6% |
| 2015 | 0.0956 BoP, current US$ per US$ of GDP | -26.4% |
| 2016 | 0.0578 BoP, current US$ per US$ of GDP | -39.6% |
| 2017 | 0.0679 BoP, current US$ per US$ of GDP | +17.5% |
| 2018 | 0.066 BoP, current US$ per US$ of GDP | -2.7% |
| 2019 | 0.1103 BoP, current US$ per US$ of GDP | +67.1% |
| 2020 | 0.1107 BoP, current US$ per US$ of GDP | +0.3% |
| 2021 | 0.2399 BoP, current US$ per US$ of GDP | +116.7% |
| 2022 | 0.1898 BoP, current US$ per US$ of GDP | -20.9% |
| 2023 | 0.2284 BoP, current US$ per US$ of GDP | +20.3% |
Libya compared with similar countries
- Libya's 0.2284 BoP, current US$ per US$ of GDP is above the median for upper middle income countries, which is 0.1109 BoP, current US$ per US$ of GDP, 2.1× the median. (57 countries reporting)
- Libya's 0.2284 BoP, current US$ per US$ of GDP is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.0961 BoP, current US$ per US$ of GDP, 2.4× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0625 BoP, current US$ per US$ of GDP | 0.058 BoP, current US$ per US$ of GDP | 0.0654 BoP, current US$ per US$ of GDP | 3 |
| 1980s | 0.0623 BoP, current US$ per US$ of GDP | 0.0432 BoP, current US$ per US$ of GDP | 0.0758 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.036 BoP, current US$ per US$ of GDP | 0.0225 BoP, current US$ per US$ of GDP | 0.0843 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.0512 BoP, current US$ per US$ of GDP | 0.0234 BoP, current US$ per US$ of GDP | 0.0833 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.0888 BoP, current US$ per US$ of GDP | 0.0578 BoP, current US$ per US$ of GDP | 0.13 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.1922 BoP, current US$ per US$ of GDP | 0.1107 BoP, current US$ per US$ of GDP | 0.2399 BoP, current US$ per US$ of GDP | 4 |
Countries ranked near Libya
- 28 Tonga 0.2488 BoP, current US$ per US$ of GDP compare
- 29 Micronesia (country) 0.2431 BoP, current US$ per US$ of GDP compare
- 30 Belgium 0.2412 BoP, current US$ per US$ of GDP compare
- 32 Marshall Islands 0.2253 BoP, current US$ per US$ of GDP compare
- 33 Hong Kong 0.2204 BoP, current US$ per US$ of GDP compare
- 34 Saint Kitts and Nevis 0.2185 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$), annual growth rate 12.66 % change on previous year (2025)
Frequently asked questions
- What is service imports (bop, current us$), per unit of gdp in Libya?
- Service imports (bop, current us$), per unit of gdp in Libya was 0.2284 BoP, current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest service imports (bop, current us$), per unit of gdp recorded in Libya?
- The highest recorded value was 0.2399 BoP, current US$ per US$ of GDP in 2021.
- What is the lowest service imports (bop, current us$), per unit of gdp recorded in Libya?
- The lowest recorded value was 0.0225 BoP, current US$ per US$ of GDP in 1995.
- How does Libya rank for service imports (bop, current us$), per unit of gdp?
- Libya ranks 31st out of 199 countries with data for 2023.
- Is service imports (bop, current us$), per unit of gdp rising or falling in Libya?
- Over the last ten years it is up 103.1%. 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 imports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Service imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Service imports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Service imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Service imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.