Libya vs North Africa: Workers' remittances, payments
Workers' remittances, payments over time
- Libya
- North Africa
How they compare
North Africa currently reports 1.11 billion BoP, current US$ against 650.00 million BoP, current US$ in Libya, a difference of 461.16 million BoP, current US$.
That makes North Africa's figure about 1.7 times Libya's.
Across all 7 years both countries report, North Africa has been ahead every year.
Libya ranks 2nd and North Africa ranks 1st of 34 countries.
North Africa has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Libya | North Africa | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 964.28 million BoP, current US$ | 1.23 billion BoP, current US$ | 268.87 million BoP, current US$ | North Africa |
| 2010s | 1.13 billion BoP, current US$ | 1.57 billion BoP, current US$ | 437.19 million BoP, current US$ | North Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher workers' remittances, payments, Libya or North Africa?
- North Africa, at 1.11 billion BoP, current US$ against 650.00 million BoP, current US$ in Libya as of 2011.
- What is the difference in workers' remittances, payments between Libya and North Africa?
- 461.16 million BoP, current US$, with North Africa ahead.
- How many years of comparable data are there for Libya and North Africa?
- 7 years are reported by both, from 2005 to 2011.
- How do Libya and North Africa rank globally for workers' remittances, payments?
- Libya ranks 2nd and North Africa ranks 1st of 34 countries.
- Where does this data come from?
- International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as Workers' remittances, payments (BoP, current US$). 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.