Official current transfers, payments in Libya
Libya: Official current transfers, payments was 30.80 million BoP, current US$ in 2011. ◆ Volatile
Official current transfers, payments in Libya, 2005–2011
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.
Analysis
In 2011, official current transfers, payments in Libya stood at 30.80 million BoP, current US$. That is the lowest value across all 7 years on record.
The figure is down 85.9% on the previous year and down 76.3% over ten years.
Libya ranks 12th of 34 countries on this measure, in the middle of the range.
Official current transfers, payments in Libya, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 130.00 million BoP, current US$ | — |
| 2006 | 110.00 million BoP, current US$ | -15.4% |
| 2007 | 54.50 million BoP, current US$ | -50.5% |
| 2008 | 121.00 million BoP, current US$ | +122.0% |
| 2009 | 211.00 million BoP, current US$ | +74.4% |
| 2010 | 219.00 million BoP, current US$ | +3.8% |
| 2011 | 30.80 million BoP, current US$ | -85.9% |
Libya compared with similar countries
- Libya's 30.80 million BoP, current US$ is below the median for upper middle income countries, which is 44.98 million BoP, current US$, 68% of the median. (6 countries reporting)
- Libya's 30.80 million BoP, current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 43.50 million BoP, current US$, 71% of the median. (5 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 125.30 million BoP, current US$ | 54.50 million BoP, current US$ | 211.00 million BoP, current US$ | 5 |
| 2010s | 124.90 million BoP, current US$ | 30.80 million BoP, current US$ | 219.00 million BoP, current US$ | 2 |
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, payments in Libya?
- Official current transfers, payments in Libya was 30.80 million 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, payments recorded in Libya?
- The highest recorded value was 219.00 million BoP, current US$ in 2010.
- What is the lowest official current transfers, payments recorded in Libya?
- The lowest recorded value was 30.80 million BoP, current US$ in 2011.
- How does Libya rank for official current transfers, payments?
- Libya ranks 12th out of 34 countries with data for 2011.
- Is official current transfers, payments rising or falling in Libya?
- Over the last ten years it is down 76.3%. 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, payments (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.