Secondary income, other sectors, payments in Libya
Libya: Secondary income, other sectors, payments was 4.80 billion BoP, current US$ in 2023. ◆ Volatile
Secondary income, other sectors, payments in Libya, 1977–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for secondary income, other sectors, payments in Libya is 4.80 billion BoP, current US$, measured in 2023. That is the highest value across all 47 years on record.
Compared with earlier readings it is up 92.0% on the previous year and up 50.0% over ten years.
Over the whole period, secondary income, other sectors, payments in Libya peaked at 4.80 billion BoP, current US$ in 2023 and was at its lowest, 192.03 million BoP, current US$, in 1997.
That places Libya 37th out of 197 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 896.35 million BoP, current US$ | 858.30 million BoP, current US$ | 971.79 million BoP, current US$ | 3 |
| 1980s | 1.03 billion BoP, current US$ | 466.29 million BoP, current US$ | 2.04 billion BoP, current US$ | 10 |
| 1990s | 296.19 million BoP, current US$ | 192.03 million BoP, current US$ | 445.66 million BoP, current US$ | 10 |
| 2000s | 860.14 million BoP, current US$ | 454.00 million BoP, current US$ | 1.36 billion BoP, current US$ | 10 |
| 2010s | 1.26 billion BoP, current US$ | 650.00 million BoP, current US$ | 3.20 billion BoP, current US$ | 10 |
| 2020s | 2.27 billion BoP, current US$ | 881.00 million BoP, current US$ | 4.80 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 secondary income, other sectors, payments in Libya?
- Secondary income, other sectors, payments in Libya was 4.80 billion BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest secondary income, other sectors, payments recorded in Libya?
- The highest recorded value was 4.80 billion BoP, current US$ in 2023.
- What is the lowest secondary income, other sectors, payments recorded in Libya?
- The lowest recorded value was 192.03 million BoP, current US$ in 1997.
- How does Libya rank for secondary income, other sectors, payments?
- Libya ranks 37th out of 197 countries with data for 2023.
- Is secondary income, other sectors, payments rising or falling in Libya?
- Over the last ten years it is up 50.0%. 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 Secondary income, other sectors, payments (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
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. 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.