Official current transfers, payments in Libya

Libya: Official current transfers, payments was 30.80 million BoP, current US$ in 2011. ◆ Volatile

Latest (2011)
30.80 million BoP, current US$
Change on year
down 85.9%
World rank
12th
of 34 countries
All-time high
219.00 million BoP, current US$
in 2010
All-time low
30.80 million BoP, current US$
in 2011
Years of data
7
2005–2011

Official current transfers, payments in Libya, 2005–2011

50.0M100.0M150.0M200.0M2005200820112005: 130.0M BoP, current US$2006: 110.0M BoP, current US$2007: 54.5M BoP, current US$2008: 121.0M BoP, current US$2009: 211.0M BoP, current US$2010: 219.0M BoP, current US$2011: 30.8M BoP, current US$

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 9 Senegal 54.70 million BoP, current US$ compare
  2. 10 Cameroon 48.80 million BoP, current US$ compare
  3. 11 Egypt 43.50 million BoP, current US$ compare
  4. 13 Kenya 20.54 million BoP, current US$ compare
  5. 14 Lesotho 19.22 million BoP, current US$ compare
  6. 15 Eswatini 15.90 million BoP, current US$ compare

See the full ranking of 35 places →

More trade data for Libya

All data for Libya →

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

Indicator
Official current transfers, payments (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
35 places, 231 data points, 2005–2011
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.