Libya: Secondary income receipts (BoP, current US$)

Key figures

Since 1977 it is up 394.73% from US$15.2 million in 1977 (3.54% a year on average, compounded). The World Bank has no value for 9 of the years in between; the chart leaves those gaps open rather than joining across them.

What the numbers say

In 2023, Libya's secondary income receipts (BoP, current US$) fell 14.5% on 2022 (from US$88 million to US$75.2 million).

Across the 30 yearly changes before that (1982 to 2022), the average change was +71.5% and a typical year strayed about 345.1% from that (the standard deviation). This year's change was 0.2 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 1,861.5% in 2003 and the biggest yearly fall was 92.4% in 2008. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2023, Libya had the 10th highest value of the 12 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 2023 ranking

• Curaçao — 7th of 12: US$226.96 million
• Aruba — 8th of 12: US$130.61 million
• Sint Maarten (Dutch part) — 9th of 12: US$130.09 million
• Palau — 11th of 12: US$45.41 million
• Tuvalu — 12th of 12: US$32.38 million

What this measures

Secondary income refers to transfers 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. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Regional and income-group figures are computed by the World Bank as a sum.

All 38 values

Secondary income receipts (BoP, current US$) in nearby economies

• Afghanistan — US$2.52 billion (2020)
• Algeria — US$2.72 billion (2025)
• Djibouti — US$31.68 million (2024)
• Egypt, Arab Rep. — US$42 billion (2025)
• Iraq — US$1.03 billion (2025)
• Israel — US$14.21 billion (2025)
• Jordan — US$6.47 billion (2024)
• Kuwait — US$12.23 million (2025)
• Lebanon — US$7.91 billion (2023)
• Malta — US$1.47 billion (2024)

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

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Questions people ask

What is Libya's secondary income receipts (BoP, current US$)?

US$75.2 million in 2023, according to the World Bank (World Development Indicators).

How has it changed since 1977?

It is up 394.73% from US$15.2 million in 1977 (3.54% a year on average, compounded). The highest value was US$1.65 billion in 2006 and the lowest US$2.52 million in 1996.

How does Libya rank?

10th highest of 12 economies with data for 2023.

Is the latest change in secondary income receipts (BoP, current US$) unusual for Libya?

In 2023, Libya's secondary income receipts (BoP, current US$) fell 14.5% on 2022 (from US$88 million to US$75.2 million). Across the 30 yearly changes before that (1982 to 2022), the average change was +71.5% and a typical year strayed about 345.1% from that (the standard deviation). This year's change was 0.2 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 BX.TRF.CURR.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) 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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