Current transfers, payments in Libya
Libya: Current transfers, payments was 680.80 million BoP, current US$ in 2011. ▲ Rising
Latest (2011)
680.80 million BoP, current US$
Change on year
down 62.8%
World rank
5th
of 39 countries
All-time high
1.83 billion BoP, current US$
in 2010
All-time low
680.80 million BoP, current US$
in 2011
Years of data
7
2005–2011
Current transfers, payments in Libya, 2005–2011
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.
Analysis
Libya recorded 680.80 million BoP, current US$ for current transfers, payments in 2011. That is the lowest value across all 7 years on record.
Compared with earlier readings it is down 62.8% on the previous year and down 35.3% over ten years.
Libya ranks 5th of 39 countries on this measure, in the top quarter.
Current transfers, payments in Libya, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 1.05 billion BoP, current US$ | — |
| 2006 | 1.06 billion BoP, current US$ | +0.8% |
| 2007 | 816.70 million BoP, current US$ | -23.0% |
| 2008 | 1.09 billion BoP, current US$ | +32.9% |
| 2009 | 1.57 billion BoP, current US$ | +44.9% |
| 2010 | 1.83 billion BoP, current US$ | +16.3% |
| 2011 | 680.80 million BoP, current US$ | -62.8% |
Libya compared with similar countries
- Libya's 680.80 million BoP, current US$ is above the median for upper middle income countries, which is 541.05 million BoP, current US$, 1.3× the median. (6 countries reporting)
- Libya's 680.80 million BoP, current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 319.11 million BoP, current US$, 2.1× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.12 billion BoP, current US$ | 816.70 million BoP, current US$ | 1.57 billion BoP, current US$ | 5 |
| 2010s | 1.25 billion BoP, current US$ | 680.80 million BoP, current US$ | 1.83 billion BoP, current US$ | 2 |
Countries ranked near Libya
- 2 Angola 1.48 billion BoP, current US$ compare
- 3 Sudan 946.62 million BoP, current US$ compare
- 4 Cote d'Ivoire 872.08 million BoP, current US$ compare
- 6 Algeria 664.93 million BoP, current US$ compare
- 7 Nigeria 471.93 million BoP, current US$ compare
- 8 Botswana 417.17 million BoP, current US$ compare
More trade data for Libya
- Commodity Net Export Price Index, Individual Commodities Weighted by 66.39 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 86.13 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 85.76 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 63.22 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 99.57 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 82.34 (2025)
- Imports of low carbon technology products, Percent of GDP 0.7224 (2019)
- Imports of low carbon technology products, US dollar (World), per 71.96 units per person (2019)
- Imports of low carbon technology products, US dollar (World), per 0.0072 units per US$ of GDP (2019)
- Imports of low carbon technology products, US dollar (World), gaps 500.17 million (2019)
Frequently asked questions
- What is current transfers, payments in Libya?
- Current transfers, payments in Libya was 680.80 million BoP, current US$ in 2011, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
- What is the highest current transfers, payments recorded in Libya?
- The highest recorded value was 1.83 billion BoP, current US$ in 2010.
- What is the lowest current transfers, payments recorded in Libya?
- The lowest recorded value was 680.80 million BoP, current US$ in 2011.
- How does Libya rank for current transfers, payments?
- Libya ranks 5th out of 39 countries with data for 2011.
- Is current transfers, payments rising or falling in Libya?
- Over the last ten years it is down 35.3%. The long-run trend across the full record is rising.
- Where does this Libya data come from?
- The figures come from International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as part of Current transfers, payments (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 7 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Data are in current U.S. dollars.