Libya's financial Intermediary Services Indirectly Measured (FISIM) (current LCU) was 588 million in 2017, the latest year in the World Bank's World Development Indicators. That is down 28.94% from 827.5 million in 2007 (3.36% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 588 million | 2017 |
| Five years earlier | 795.6 million | 2012 |
| Ten years earlier | 827.5 million | 2007 |
| Highest | 827.5 million | 2007 |
| Lowest | 588 million | 2017 |
| Average since 2008 | 726.23 million | 2008–2017 |
| First recorded | 755.2 million |
What the numbers say
In 2017, Libya's financial Intermediary Services Indirectly Measured (FISIM) (current LCU) fell 11.2% on 2016 (from 662 million to 588 million).
Across the 10 yearly changes before that (2007 to 2016), the average change was −0.6% and a typical year strayed about 12.5% from that (the standard deviation). This year's change was 0.8 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 27.4% in 2012 and the biggest yearly fall was 19.7% in 2011. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2008 to 2017 the straight-line trend is downward, about 20.29 million a year. A straight line explains 53% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
Closest to Libya in the 2017 ranking
- New Caledonia — 1st of 3: 26.06 billion
- Sierra Leone — 3rd of 3: 389.97 million
What this measures
Financial intermediation services which are implicitly charged in the form of either the difference between a reference rate and the interest rate actually paid to depositors, or the difference between the interest rate charged to borrowers and a reference rate. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 12 values
| Year | Financial Intermediary Services Indirectly Measured (FISIM) (current LCU) |
|---|---|
| 2017 | 588,000,000 |
| 2016 | 662,000,000 |
| 2015 | 658,600,000 |
| 2014 | 749,500,000 |
| 2013 | 778,500,000 |
| 2012 | 795,600,000 |
| 2011 | 624,600,000 |
| 2010 | 777,500,000 |
| 2009 | 807,300,000 |
| 2008 | 820,700,000 |
Financial Intermediary Services Indirectly Measured (FISIM) (current LCU) in nearby economies
More economic policy & debt data for Libya
- Total reserves, including gold (current US$) — US$104.66 billion (2025)
- Total reserves, excluding gold (current US$) — US$84.06 billion (2025)
- GDP (current US$) — US$48.1 billion (2025)
- GDP (current LCU) — 255.17 billion (2025)
- GDP (constant 2015 US$) — US$64.4 billion (2025)
- GDP (constant LCU) — 96.66 billion (2025)
- GDP per capita (current US$) — US$6,449 (2025)
- GDP per capita (current LCU) — 34,212 (2025)
- GDP per capita (constant 2015 US$) — US$8,634 (2025)
- GDP per capita (constant LCU) — 12,960 (2025)
- GNI (current US$) — US$49.92 billion (2025)
Reading data like this
Questions people ask
- What is Libya's financial Intermediary Services Indirectly Measured (FISIM) (current LCU)?
- 588 million in 2017, according to the World Bank (World Development Indicators).
- How has it changed since 2006?
- It is down 22.14% from 755.2 million in 2006 (2.25% a year on average, compounded). The highest value was 827.5 million in 2007 and the lowest 588 million in 2017.
- Is the latest change in financial Intermediary Services Indirectly Measured (FISIM) (current LCU) unusual for Libya?
- In 2017, Libya's financial Intermediary Services Indirectly Measured (FISIM) (current LCU) fell 11.2% on 2016 (from 662 million to 588 million). Across the 10 yearly changes before that (2007 to 2016), the average change was −0.6% and a typical year strayed about 12.5% from that (the standard deviation). This year's change was 0.8 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NV.FSM.TOTL.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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