Official current transfers, net in Libya
Libya: Official current transfers, net was 4.18 billion BoP, current US$ in 2011. ◆ Volatile
Official current transfers, net in Libya, 2005–2011
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%.
Official current transfers, net in Libya, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | -112.00 million BoP, current US$ | — |
| 2006 | 1.19 billion BoP, current US$ | -1162.5% |
| 2007 | 543.50 million BoP, current US$ | -54.3% |
| 2008 | -75.80 million BoP, current US$ | -113.9% |
| 2011 | 4.18 billion BoP, current US$ | -5611.6% |
Libya compared with similar countries
- Libya's 4.18 billion BoP, current US$ is above the median for upper middle income countries, which is 160.03 million BoP, current US$, 26.1× the median. (6 countries reporting)
- Libya's 4.18 billion BoP, current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 316.16 million BoP, current US$, 13.2× the median. (5 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 386.43 million BoP, current US$ | -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
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 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
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.