Net financial account in Libya
Libya: Net financial account was 2.57 billion BoP, current US$ in 2023. ◆ Volatile
Net financial account in Libya, 1977–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Libya recorded 2.57 billion BoP, current US$ for net financial account in 2023.
The figure is down 76.6% on the previous year and up 203.2% over ten years.
Over the whole period, net financial account in Libya peaked at 33.95 billion BoP, current US$ in 2008 and was at its lowest, -21.16 billion BoP, current US$, in 2014.
That places Libya 34th out of 198 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.17 billion BoP, current US$ | 794.80 million BoP, current US$ | 3.52 billion BoP, current US$ | 3 |
| 1980s | -255.10 million BoP, current US$ | -3.63 billion BoP, current US$ | 8.11 billion BoP, current US$ | 10 |
| 1990s | 954.35 million BoP, current US$ | -1.52 billion BoP, current US$ | 2.28 billion BoP, current US$ | 10 |
| 2000s | 13.24 billion BoP, current US$ | 1.09 billion BoP, current US$ | 33.95 billion BoP, current US$ | 10 |
| 2010s | 2.15 billion BoP, current US$ | -21.16 billion BoP, current US$ | 21.30 billion BoP, current US$ | 10 |
| 2020s | 3.87 billion BoP, current US$ | -3.19 billion BoP, current US$ | 11.00 billion BoP, current US$ | 4 |
Countries ranked near Libya
More economy & growth data for Libya
- Exports of goods and services 71.7% (2025)
- Services, value added 28.43 billion constant 2015 US$ (2025)
- Gross national expenditure 77.5% (2025)
- Exports of goods and services 34.49 billion current US$ (2025)
- Exports of goods and services 182.99 billion current LCU (2025)
- Exports of goods and services 22.63 billion constant 2015 US$ (2025)
- Exports of goods and services 19.1% (2025)
- Services, value added 68.67 billion current LCU (2025)
- Gross fixed capital formation 14.3% (2025)
- Services, value added 12.94 billion current US$ (2025)
Frequently asked questions
- What is net financial account in Libya?
- Net financial account in Libya was 2.57 billion BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net financial account recorded in Libya?
- The highest recorded value was 33.95 billion BoP, current US$ in 2008.
- What is the lowest net financial account recorded in Libya?
- The lowest recorded value was -21.16 billion BoP, current US$ in 2014.
- How does Libya rank for net financial account?
- Libya ranks 34th out of 198 countries with data for 2023.
- Is net financial account rising or falling in Libya?
- Over the last ten years it is up 203.2%. 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 Net financial account (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The net financial account shows net acquisition and disposal of financial assets and liabilities. It measures how net lending to or borrowing from nonresidents is financed, and is conceptually equal to the sum of the balances on the current and capital accounts. 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.