Official current transfers, net in Libya

Libya: Official current transfers, net was 4.18 billion BoP, current US$ in 2011. ◆ Volatile

Latest (2011)
4.18 billion BoP, current US$
Change on year
up 5,611.6%
World rank
1st
of 33 countries
All-time high
4.18 billion BoP, current US$
in 2011
All-time low
-112.00 million BoP, current US$
in 2005
Years of data
5
2005–2011

Official current transfers, net in Libya, 2005–2011

01.0B2.0B3.0B4.0B2005200820112005: -112.0M BoP, current US$2006: 1.2B BoP, current US$2007: 543.5M BoP, current US$2008: -75.8M BoP, current US$2011: 4.2B BoP, current US$

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.

Analysis

Libya recorded 4.18 billion BoP, current US$ for official current transfers, net in 2011. That is the highest value across all 5 years on record.

The figure is up 5,611.6% on the previous year and up 3,830.2% over ten years.

Libya ranks 1st of 33 countries on this measure, in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
2000s 386.43 million BoP, current US$ -112.00 million BoP, current US$ 1.19 billion BoP, current US$ 4
2010s 4.18 billion BoP, current US$ 4.18 billion BoP, current US$ 4.18 billion BoP, current US$ 1

Countries ranked near Libya

  1. 2 Nigeria 1.72 billion BoP, current US$ compare
  2. 3 Ethiopia 1.68 billion BoP, current US$ compare
  3. 4 Namibia 1.31 billion BoP, current US$ compare

See the full ranking of 37 places →

More trade data for Libya

All data for Libya →

Frequently asked questions

What is official current transfers, net in Libya?
Official current transfers, net in Libya was 4.18 billion BoP, current US$ in 2011, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
What is the highest official current transfers, net recorded in Libya?
The highest recorded value was 4.18 billion BoP, current US$ in 2011.
What is the lowest official current transfers, net recorded in Libya?
The lowest recorded value was -112.00 million BoP, current US$ in 2005.
How does Libya rank for official current transfers, net?
Libya ranks 1st out of 33 countries with data for 2011.
Is official current transfers, net rising or falling in Libya?
Over the last ten years it is up 3,830.2%. The long-run trend across the full record is volatile.
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 Official current transfers, net (BoP, current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Official current transfers, net (BoP, current US$)
Unit
BoP, current US$
Source
International Monetary Fund, Balance of Payments Statistics Yearbook and data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
37 places, 287 data points, 1977–2011
Last refreshed

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.