Services, Debit/Expenditure in Libya
Libya: Services, Debit/Expenditure was 10.05 billion in 2023. ▲ Rising
Services, Debit/Expenditure in Libya, 2005–2023
Source: International Monetary Fund.
Analysis
In 2023, services, debit/expenditure in Libya stood at 10.05 billion. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 22.5% on the previous year and up 18.7% over ten years.
Over the whole period, services, debit/expenditure in Libya peaked at 10.05 billion in 2023 and was at its lowest, 2.35 billion, in 2005.
That places Libya 70th out of 198 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.39 billion | 2.35 billion | 5.06 billion | 5 |
| 2010s | 5.82 billion | 2.88 billion | 8.47 billion | 10 |
| 2020s | 7.97 billion | 5.19 billion | 10.05 billion | 4 |
Countries ranked near Libya
- 67 Uzbekistan, Republic of 10.46 billion compare
- 68 Estonia, Republic of 10.38 billion compare
- 69 Azerbaijan, Republic of 10.17 billion compare
- 71 Slovenia, Republic of 9.52 billion compare
- 72 Venezuela, República Bolivariana de 9.47 billion compare
- 73 Algeria 9.13 billion compare
More trade data for Libya
- Total current account debit/expenditure, Debit/Expenditure 40.00 billion (2023)
- Goods, Debit/Expenditure 23.23 billion (2023)
- Primary income, Debit/Expenditure 1.85 billion (2023)
- Secondary income, Debit/Expenditure 4.87 billion (2023)
- Total capital account debit/expenditure, Debit/Expenditure 0 (2023)
- Milking, dairy machinery (trade) — Import Value 8,301 1000 USD (2007)
- 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)
Frequently asked questions
- What is services, debit/expenditure in Libya?
- Services, debit/expenditure in Libya was 10.05 billion in 2023, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in Libya?
- The highest recorded value was 10.05 billion in 2023.
- What is the lowest services, debit/expenditure recorded in Libya?
- The lowest recorded value was 2.35 billion in 2005.
- How does Libya rank for services, debit/expenditure?
- Libya ranks 70th out of 198 countries with data for 2023.
- Is services, debit/expenditure rising or falling in Libya?
- Over the last ten years it is up 18.7%. The long-run trend across the full record is rising.
- Where does this Libya data come from?
- The figures come from International Monetary Fund, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.