Net secondary income in Libya
Libya: Net secondary income was -4.79 billion BoP, current US$ in 2023. ◆ Volatile
Net secondary income in Libya, 1977–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net secondary income in Libya is -4.79 billion BoP, current US$, measured in 2023. That is the lowest value across all 47 years on record.
Compared with earlier readings it is down 93.4% on the previous year and down 47.3% over ten years.
Over the whole period, net secondary income in Libya peaked at 586.00 million BoP, current US$ in 2006 and was at its lowest, -4.79 billion BoP, current US$, in 2023.
Libya ranks 178th of 199 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -963.01 million BoP, current US$ | -1.05 billion BoP, current US$ | -902.21 million BoP, current US$ | 3 |
| 1980s | -1.09 billion BoP, current US$ | -2.10 billion BoP, current US$ | -487.65 million BoP, current US$ | 10 |
| 1990s | -312.67 million BoP, current US$ | -480.97 million BoP, current US$ | -198.76 million BoP, current US$ | 10 |
| 2000s | -913.47 million BoP, current US$ | -2.51 billion BoP, current US$ | 586.00 million BoP, current US$ | 10 |
| 2010s | -1.34 billion BoP, current US$ | -3.25 billion BoP, current US$ | -377.00 million BoP, current US$ | 10 |
| 2020s | -2.21 billion BoP, current US$ | -4.79 billion BoP, current US$ | -761.30 million BoP, current US$ | 4 |
Countries ranked near Libya
- 175 Macao -3.65 billion BoP, current US$ compare
- 176 Austria -4.26 billion BoP, current US$ compare
- 177 Canada -4.56 billion BoP, current US$ compare
- 179 Ireland -4.96 billion BoP, current US$ compare
- 180 Denmark -5.27 billion BoP, current US$ compare
- 181 Norway -6.54 billion BoP, current US$ compare
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 secondary income in Libya?
- Net secondary income in Libya was -4.79 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 secondary income recorded in Libya?
- The highest recorded value was 586.00 million BoP, current US$ in 2006.
- What is the lowest net secondary income recorded in Libya?
- The lowest recorded value was -4.79 billion BoP, current US$ in 2023.
- How does Libya rank for net secondary income?
- Libya ranks 178th out of 199 countries with data for 2023.
- Is net secondary income rising or falling in Libya?
- Over the last ten years it is down 47.3%. 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 secondary income (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
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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.