Financial Development Index in Libya
Libya: Financial Development Index was 0.1276 in 2020. ▬ Flat
Financial Development Index in Libya, 1980–2020
Source: International Monetary Fund.
Analysis
Libya recorded 0.1276 for financial development index in 2020.
That represents a change of up 3.7% on the previous year and up 1.2% over ten years.
Over the whole period, financial development index in Libya peaked at 0.1422 in 1992 and was at its lowest, 0.109, in 2004.
That places Libya 145th out of 183 countries with data for 2020, putting it in the bottom quarter.
Financial Development Index in Libya, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.1157 | — |
| 1981 | 0.1314 | +13.6% |
| 1982 | 0.1237 | -5.9% |
| 1983 | 0.1325 | +7.1% |
| 1984 | 0.133 | +0.4% |
| 1985 | 0.1321 | -0.7% |
| 1986 | 0.1348 | +2.1% |
| 1987 | 0.14 | +3.8% |
| 1988 | 0.1408 | +0.6% |
| 1989 | 0.1395 | -0.9% |
| 1990 | 0.1382 | -0.9% |
| 1991 | 0.1363 | -1.3% |
| 1992 | 0.1422 | +4.3% |
| 1993 | 0.1289 | -9.4% |
| 1994 | 0.1353 | +5.0% |
| 1995 | 0.141 | +4.2% |
| 1996 | 0.1394 | -1.1% |
| 1997 | 0.1378 | -1.1% |
| 1998 | 0.1372 | -0.5% |
| 1999 | 0.1179 | -14.0% |
| 2000 | 0.1144 | -3.0% |
| 2001 | 0.1161 | +1.5% |
| 2002 | 0.1169 | +0.7% |
| 2003 | 0.1127 | -3.6% |
| 2004 | 0.109 | -3.2% |
| 2005 | 0.1233 | +13.1% |
| 2006 | 0.1314 | +6.5% |
| 2007 | 0.1313 | -0.1% |
| 2008 | 0.1205 | -8.2% |
| 2009 | 0.1324 | +9.9% |
| 2010 | 0.126 | -4.8% |
| 2011 | 0.1397 | +10.8% |
| 2012 | 0.1275 | -8.7% |
| 2013 | 0.1356 | +6.3% |
| 2014 | 0.1243 | -8.3% |
| 2015 | 0.1353 | +8.8% |
| 2016 | 0.1361 | +0.6% |
| 2017 | 0.1275 | -6.3% |
| 2018 | 0.1273 | -0.1% |
| 2019 | 0.123 | -3.4% |
| 2020 | 0.1276 | +3.7% |
Libya compared with similar countries
- Libya's 0.1276 is below the median for upper middle income countries, which is 0.2539, 50% of the median. (54 countries reporting)
- Libya's 0.1276 is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.3517, 36% of the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.1324 | 0.1157 | 0.1408 | 10 |
| 1990s | 0.1354 | 0.1179 | 0.1422 | 10 |
| 2000s | 0.1208 | 0.109 | 0.1324 | 10 |
| 2010s | 0.1302 | 0.123 | 0.1397 | 10 |
| 2020s | 0.1276 | 0.1276 | 0.1276 | 1 |
Countries ranked near Libya
More financial sector data for Libya
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0116 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 74.95 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0085 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 54.73 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0116 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 74.95 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is financial development index in Libya?
- Financial development index in Libya was 0.1276 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Libya?
- The highest recorded value was 0.1422 in 1992.
- What is the lowest financial development index recorded in Libya?
- The lowest recorded value was 0.109 in 2004.
- How does Libya rank for financial development index?
- Libya ranks 145th out of 183 countries with data for 2020.
- Is financial development index rising or falling in Libya?
- Over the last ten years it is up 1.2%. The long-run trend across the full record is flat.
- Where does this Libya data come from?
- The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.
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About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.