Personal remittances, paid in Libya
Libya: Personal remittances, paid was 4.82 billion current US$ in 2023. ◆ Volatile
Personal remittances, paid in Libya, 1977–2023
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
The most recent figure for personal remittances, paid in Libya is 4.82 billion current US$, measured in 2023. That is the highest value across all 47 years on record.
Compared with earlier readings it is up 91.3% on the previous year and up 50.6% over ten years.
Over the whole period, personal remittances, paid in Libya peaked at 4.82 billion current US$ in 2023 and was at its lowest, 192.03 million current US$, in 1997.
Libya ranks 29th of 195 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 867.76 million current US$ | 831.61 million current US$ | 931.93 million current US$ | 3 |
| 1980s | 1.02 billion current US$ | 466.29 million current US$ | 2.03 billion current US$ | 10 |
| 1990s | 296.19 million current US$ | 192.03 million current US$ | 445.66 million current US$ | 10 |
| 2000s | 852.94 million current US$ | 463.00 million current US$ | 1.36 billion current US$ | 10 |
| 2010s | 1.27 billion current US$ | 650.00 million current US$ | 3.20 billion current US$ | 10 |
| 2020s | 2.29 billion current US$ | 900.40 million current US$ | 4.82 billion current US$ | 4 |
Countries ranked near Libya
More economy & growth data for Libya
- Exports of goods and services 71.7% (2025)
- Services, value added 68.67 billion current LCU (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 12.94 billion current US$ (2025)
- Industry (including construction), value added 73.2% (2025)
- Gross fixed capital formation 8.6% (2025)
Frequently asked questions
- What is personal remittances, paid in Libya?
- Personal remittances, paid in Libya was 4.82 billion current US$ in 2023, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, paid recorded in Libya?
- The highest recorded value was 4.82 billion current US$ in 2023.
- What is the lowest personal remittances, paid recorded in Libya?
- The lowest recorded value was 192.03 million current US$ in 1997.
- How does Libya rank for personal remittances, paid?
- Libya ranks 29th out of 195 countries with data for 2023.
- Is personal remittances, paid rising or falling in Libya?
- Over the last ten years it is up 50.6%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, paid (current US$). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.