Migrant remittance outflows in Libya
Libya: Migrant remittance outflows was 650.00 million current US$ in 2011. ◆ Volatile
Latest (2011)
650.00 million current US$
Change on year
down 59.6%
World rank
3rd
of 49 countries
All-time high
2.03 billion current US$
in 1983
All-time low
192.03 million current US$
in 1997
Years of data
35
1977–2011
Migrant remittance outflows in Libya, 1977–2011
Source: World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008. Measured in current US$.
Analysis
In 2011, migrant remittance outflows in Libya stood at 650.00 million current US$.
Compared with earlier readings it is down 59.6% on the previous year and down 4.8% over ten years.
Over the whole period, migrant remittance outflows in Libya peaked at 2.03 billion current US$ in 1983 and was at its lowest, 192.03 million current US$, in 1997.
That places Libya 3rd out of 49 countries with data for 2011, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Migrant remittance outflows in Libya, year by year
| Year | current US$ | Change |
|---|---|---|
| 1977 | 839.72 million current US$ | — |
| 1978 | 931.93 million current US$ | +11.0% |
| 1979 | 831.61 million current US$ | -10.8% |
| 1980 | 1.05 billion current US$ | +26.5% |
| 1981 | 1.53 billion current US$ | +45.5% |
| 1982 | 1.57 billion current US$ | +2.9% |
| 1983 | 2.03 billion current US$ | +29.0% |
| 1984 | 1.24 billion current US$ | -39.0% |
| 1985 | 858.97 million current US$ | -30.7% |
| 1986 | 489.86 million current US$ | -43.0% |
| 1987 | 466.29 million current US$ | -4.8% |
| 1988 | 496.91 million current US$ | +6.6% |
| 1989 | 471.63 million current US$ | -5.1% |
| 1990 | 445.66 million current US$ | -5.5% |
| 1991 | 408.94 million current US$ | -8.2% |
| 1992 | 394.24 million current US$ | -3.6% |
| 1993 | 323.95 million current US$ | -17.8% |
| 1994 | 282.75 million current US$ | -12.7% |
| 1995 | 221.93 million current US$ | -21.5% |
| 1996 | 271.52 million current US$ | +22.3% |
| 1997 | 192.03 million current US$ | -29.3% |
| 1998 | 207.88 million current US$ | +8.3% |
| 1999 | 213.02 million current US$ | +2.5% |
| 2000 | 463.00 million current US$ | +117.4% |
| 2001 | 683.00 million current US$ | +47.5% |
| 2002 | 786.00 million current US$ | +15.1% |
| 2003 | 676.00 million current US$ | -14.0% |
| 2004 | 975.00 million current US$ | +44.2% |
| 2005 | 914.00 million current US$ | -6.3% |
| 2006 | 945.00 million current US$ | +3.4% |
| 2007 | 762.20 million current US$ | -19.3% |
| 2008 | 964.20 million current US$ | +26.5% |
| 2009 | 1.36 billion current US$ | +41.2% |
| 2010 | 1.61 billion current US$ | +18.2% |
| 2011 | 650.00 million current US$ | -59.6% |
Libya compared with similar countries
- Libya's 650.00 million current US$ is above the median for upper middle income countries, which is 96.44 million current US$, 6.7× the median. (7 countries reporting)
- Libya's 650.00 million current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 71.30 million current US$, 9.1× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 867.76 million current US$ | 831.61 million current US$ | 931.93 million current US$ | 3 |
| 1980s | 1.02 billion current US$ | 466.29 million current US$ | 2.03 billion current US$ | 10 |
| 1990s | 296.19 million current US$ | 192.03 million current US$ | 445.66 million current US$ | 10 |
| 2000s | 852.94 million current US$ | 463.00 million current US$ | 1.36 billion current US$ | 10 |
| 2010s | 1.13 billion current US$ | 650.00 million current US$ | 1.61 billion current US$ | 2 |
Countries ranked near Libya
- 1 South Africa 1.44 billion current US$ compare
- 2 Cote d'Ivoire 725.59 million current US$ compare
- 4 Angola 564.26 million current US$ compare
- 5 Uganda 347.72 million current US$ compare
- 6 Egypt 292.90 million 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 migrant remittance outflows in Libya?
- Migrant remittance outflows in Libya was 650.00 million current US$ in 2011, according to World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008.
- What is the highest migrant remittance outflows recorded in Libya?
- The highest recorded value was 2.03 billion current US$ in 1983.
- What is the lowest migrant remittance outflows recorded in Libya?
- The lowest recorded value was 192.03 million current US$ in 1997.
- How does Libya rank for migrant remittance outflows?
- Libya ranks 3rd out of 49 countries with data for 2011.
- Is migrant remittance outflows rising or falling in Libya?
- Over the last ten years it is down 4.8%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008, published as part of Migrant remittance outflows (current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Migrants’ remittances are defined as the sum of worker’s remittances,