Net current transfers in Libya
Libya: Net current transfers was -2.5% in 2009. ◆ Volatile
Net current transfers in Libya, 2005–2009
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator. Measured in % of GDP.
Analysis
In 2009, net current transfers in Libya stood at -2.5%. That is the lowest value across all 5 years on record.
That represents a change of down 125.8% on the previous year and down 74.9% over five years.
Libya ranks 41st of 41 countries on this measure, in the bottom quarter.
Countries ranked near Libya
- 38 South Africa -0.5% compare
- 39 Angola -1.3% compare
- 40 Cote d'Ivoire -1.9% compare
More trade data for Libya
- Net long-term borrowing 642.00 million BoP, current US$ (2011)
- Pesticides imports 15.90 million FAO, current US$ (2010)
- Food imports excluding fish 1.90 billion FAO, current US$ (2010)
- Total agricultural imports 2.22 billion FAO, current US$ (2010)
- Cereal imports 705.16 million FAO, current US$ (2010)
- Cereal imports quantity 2.90 million FAO, tonnes (2010)
- Total agricultural exports 7.16 million FAO, current US$ (2010)
- Cereal exports 37,000 FAO, current US$ (2010)
- Cereal exports quantity 29 FAO, tonnes (2010)
- Agricultural tractors, imports 4.62 million FAO, current US$ (2007)
Frequently asked questions
- What is net current transfers in Libya?
- Net current transfers in Libya was -2.5% in 2009, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator.
- What is the highest net current transfers recorded in Libya?
- The highest recorded value was 1.0% in 2006.
- What is the lowest net current transfers recorded in Libya?
- The lowest recorded value was -2.5% in 2009.
- How does Libya rank for net current transfers?
- Libya ranks 41st out of 41 countries with data for 2009.
- Where does this Libya data come from?
- The figures come from International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator, published as part of Net current transfers (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net current transfers are recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.