Egypt vs Libya: Workers' remittances, payments
Workers' remittances, payments over time
- Egypt
- Libya
How they compare
Libya currently reports 650.00 million BoP, current US$ against 292.90 million BoP, current US$ in Egypt, a difference of 357.10 million BoP, current US$.
That makes Libya's figure about 2.2 times Egypt's.
Across all 7 years both countries report, Libya has been ahead every year.
Egypt ranks 3rd and Libya ranks 2nd of 34 countries.
Libya has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Egypt | Libya | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 173.58 million BoP, current US$ | 964.28 million BoP, current US$ | 790.70 million BoP, current US$ | Libya |
| 2010s | 298.85 million BoP, current US$ | 1.13 billion BoP, current US$ | 830.65 million BoP, current US$ | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher workers' remittances, payments, Egypt or Libya?
- Libya, at 650.00 million BoP, current US$ against 292.90 million BoP, current US$ in Egypt as of 2011.
- What is the difference in workers' remittances, payments between Egypt and Libya?
- 357.10 million BoP, current US$, with Libya ahead.
- How many years of comparable data are there for Egypt and Libya?
- 7 years are reported by both, from 2005 to 2011.
- How do Egypt and Libya rank globally for workers' remittances, payments?
- Egypt ranks 3rd and Libya ranks 2nd of 34 countries.
- Where does this data come from?
- International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as Workers' remittances, payments (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Workers' remittances are current transfers by migrants who are employed or intend to remain employed for more than a year in another economy in which they are considered residents. Some developing countries classify workers' remittances as a factor income receipt (and thus as a component of GNI). The World Bank adheres to international guidelines in defining GNI, and its classification of workers' remittances may therefore differ from national practices. This item shows payments by the reporting country. Data are in current U.S. dollars.