Libya's net secondary income (net current transfers from abroad) (current LCU) was -22.55 billion in 2025, the latest year in the World Bank's World Development Indicators. That is down 1,845% from -1.16 billion in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | -22.55 billion | 2025 |
| Five years earlier | -1.07 billion | 2020 |
| Ten years earlier | -1.16 billion | 2015 |
| Highest | 435 million | 2006 |
| Lowest | -27.36 billion | 2024 |
| Average since 2016 | -9.71 billion | 2016–2025 |
| First recorded | -2.14 billion |
What the numbers say
In 2025, Libya's net secondary income (net current transfers from abroad) (current LCU) rose 4.81 billion on 2024 (from -27.36 billion to -22.55 billion).
Across the 21 yearly changes before that (2004 to 2024), the average change was −1.2 billion and a typical year strayed about 3.18 billion from that (the standard deviation). This year's change was 1.9 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 4.81 billion in 2025 and the biggest yearly fall was 11.1 billion in 2023. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is downward, about 3.16 billion a year. A straight line explains 80% 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.
How it compares
In 2025, Libya had the 118th highest value of the 130 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Libya in the 2025 ranking
- Netherlands — 114th of 130: -15.05 billion
- Italy — 115th of 130: -19.53 billion
- Türkiye — 116th of 130: -21.38 billion
- Hong Kong SAR, China — 118th of 130: -23.47 billion
- South Africa — 119th of 130: -34.59 billion
- Denmark — 120th of 130: -37.7 billion
What this measures
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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 23 values
| Year | Net secondary income (net current transfers from abroad) (current LCU) |
|---|---|
| 2025 | -22,548,615,800 |
| 2024 | -27,361,400,000 |
| 2023 | -22,992,000,000 |
| 2022 | -11,890,000,000 |
| 2021 | -6,239,000,000 |
| 2020 | -1,066,000,000 |
| 2019 | -1,357,200,000 |
| 2018 | -1,567,900,000 |
| 2017 | -995,500,000 |
| 2016 | -1,050,600,000 |
Net secondary income (net current transfers from abroad) (current LCU) in nearby economies
- Afghanistan — 417.86 billion (2024)
- Algeria — 342.08 billion (2024)
- Bahrain — -1.04 billion (2025)
- Djibouti — 1.65 billion (2024)
- Egypt, Arab Rep. — 1.8 trillion (2025)
- Iran, Islamic Rep. — 24.25 trillion (2015)
- Iraq — 464.62 billion (2024)
- Israel — 14.2 billion (2025)
- Jordan
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 net secondary income (net current transfers from abroad) (current LCU)?
- -22.55 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 2003?
- It is down 952.69% from -2.14 billion in 2003. The highest value was 435 million in 2006 and the lowest -27.36 billion in 2024.
- How does Libya rank?
- 118th highest of 130 economies with data for 2025.
- Is the latest change in net secondary income (net current transfers from abroad) (current LCU) unusual for Libya?
- In 2025, Libya's net secondary income (net current transfers from abroad) (current LCU) rose 4.81 billion on 2024 (from -27.36 billion to -22.55 billion). Across the 21 yearly changes before that (2004 to 2024), the average change was −1.2 billion and a typical year strayed about 3.18 billion from that (the standard deviation). This year's change was 1.9 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator NY.TRF.NCTR.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; 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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