Remittance inflows to GDP in Libya
Libya: Remittance inflows to GDP was 0.0% in 2019. ◆ Volatile
Remittance inflows to GDP in Libya, 2000–2019
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
In 2019, remittance inflows to gdp in Libya stood at 0.0%. That is the lowest value across all 20 years on record.
Over the whole period, remittance inflows to gdp in Libya peaked at 0.0% in 2002 and was at its lowest, 0.0%, in 2007.
That places Libya 188th out of 195 countries with data for 2019, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0% | 0.0% | 0.0% | 10 |
| 2010s | 0.0% | 0.0% | 0.0% | 10 |
Countries ranked near Libya
- 185 Angola 0.0% compare
- 186 Papua New Guinea 0.0% compare
- 187 Turkmenistan 0.0% compare
- 188 Central African Republic 0.0% compare
- 188 Chad 0.0% compare
- 188 Equatorial Guinea 0.0% compare
- 188 Eritrea 0.0% compare
- 188 Faroe Islands 0.0% compare
- 188 Tuvalu 0.0% compare
More financial sector data for Libya
- Domestic credit to private sector by banks 12.3% (2025)
- Total reserves in months of imports 31.57 (2023)
- Net domestic credit 57.75 billion current LCU (2025)
- Net foreign assets 501.95 billion current LCU (2025)
- Monetary Sector credit to private sector 12.5% (2025)
- Broad money 64.4% (2021)
- Claims on central government, etc. -0.4% (2025)
- Domestic credit to private sector 12.5% (2025)
- Official exchange rate 5.3 LCU per US$, period average (2025)
- Net migration -172 (2025)
Frequently asked questions
- What is remittance inflows to gdp in Libya?
- Remittance inflows to gdp in Libya was 0.0% in 2019, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Libya?
- The highest recorded value was 0.0% in 2002.
- What is the lowest remittance inflows to gdp recorded in Libya?
- The lowest recorded value was 0.0% in 2007.
- How does Libya rank for remittance inflows to gdp?
- Libya ranks 188th out of 195 countries with data for 2019.
- Where does this Libya data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Remittance inflows to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year.