Service exports in Libya
Libya: Service exports was 642.20 million BoP, current US$ in 2023. ◆ Volatile
Service exports in Libya, 1977–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for service exports in Libya is 642.20 million BoP, current US$, measured in 2023. That is the highest value across all 47 years on record.
The figure is up 662.7% on the previous year and up 257.0% over ten years.
Over the whole period, service exports in Libya peaked at 642.20 million BoP, current US$ in 2023 and was at its lowest, 25.64 million BoP, current US$, in 1996.
Libya ranks 147th of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 144.01 million BoP, current US$ | 136.12 million BoP, current US$ | 153.35 million BoP, current US$ | 3 |
| 1980s | 132.61 million BoP, current US$ | 62.83 million BoP, current US$ | 170.24 million BoP, current US$ | 10 |
| 1990s | 58.98 million BoP, current US$ | 25.64 million BoP, current US$ | 116.89 million BoP, current US$ | 10 |
| 2000s | 336.02 million BoP, current US$ | 108.50 million BoP, current US$ | 534.00 million BoP, current US$ | 10 |
| 2010s | 193.89 million BoP, current US$ | 40.20 million BoP, current US$ | 483.00 million BoP, current US$ | 10 |
| 2020s | 258.70 million BoP, current US$ | 82.80 million BoP, current US$ | 642.20 million BoP, current US$ | 4 |
Countries ranked near Libya
- 144 Turks and Caicos Islands 821.02 million BoP, current US$ compare
- 145 Grenada 755.75 million BoP, current US$ compare
- 146 Afghanistan 699.57 million BoP, current US$ compare
- 148 Burkina Faso 630.15 million BoP, current US$ compare
- 149 Palestine 606.76 million BoP, current US$ compare
- 150 Democratic Republic of Congo 548.13 million BoP, current US$ compare
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 service exports in Libya?
- Service exports in Libya was 642.20 million BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service exports recorded in Libya?
- The highest recorded value was 642.20 million BoP, current US$ in 2023.
- What is the lowest service exports recorded in Libya?
- The lowest recorded value was 25.64 million BoP, current US$ in 1996.
- How does Libya rank for service exports?
- Libya ranks 147th out of 199 countries with data for 2023.
- Is service exports rising or falling in Libya?
- Over the last ten years it is up 257.0%. 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 Service exports (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
Exports of services are services provided by residents to non-residents. 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.