Services, Credit/Revenue in Libya
Libya: Services, Credit/Revenue was 642.20 million in 2023. ◆ Volatile
Services, Credit/Revenue in Libya, 2005–2023
Source: International Monetary Fund.
Analysis
Libya recorded 642.20 million for services, credit/revenue in 2023. That is the highest value across all 19 years on record.
The figure is up 662.7% on the previous year and up 257.0% over ten years.
Over the whole period, services, credit/revenue in Libya peaked at 642.20 million in 2023 and was at its lowest, 40.20 million, in 2011.
That places Libya 148th out of 198 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, Credit/Revenue in Libya, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 534.00 million | — |
| 2006 | 489.00 million | -8.4% |
| 2007 | 108.50 million | -77.8% |
| 2008 | 207.70 million | +91.4% |
| 2009 | 385.00 million | +85.4% |
| 2010 | 410.10 million | +6.5% |
| 2011 | 40.20 million | -90.2% |
| 2012 | 152.20 million | +278.6% |
| 2013 | 179.90 million | +18.2% |
| 2014 | 79.20 million | -56.0% |
| 2015 | 483.00 million | +509.8% |
| 2016 | 85.50 million | -82.3% |
| 2017 | 107.00 million | +25.1% |
| 2018 | 133.70 million | +25.0% |
| 2019 | 268.10 million | +100.5% |
| 2020 | 225.60 million | -15.9% |
| 2021 | 82.80 million | -63.3% |
| 2022 | 84.20 million | +1.7% |
| 2023 | 642.20 million | +662.7% |
Libya compared with similar countries
- Libya's 642.20 million is below the median for upper middle income countries, which is 5.14 billion, 12% of the median. (54 countries reporting)
- Libya's 642.20 million is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 9.83 billion, 7% of the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 344.84 million | 108.50 million | 534.00 million | 5 |
| 2010s | 193.89 million | 40.20 million | 483.00 million | 10 |
| 2020s | 258.70 million | 82.80 million | 642.20 million | 4 |
Countries ranked near Libya
- 145 Turks and Caicos Islands 821.02 million compare
- 146 Grenada 788.53 million compare
- 147 Afghanistan 699.57 million compare
- 149 Burkina Faso 621.30 million compare
- 150 New Caledonia 539.98 million compare
- 151 Guyana 528.91 million compare
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 services, credit/revenue in Libya?
- Services, credit/revenue in Libya was 642.20 million in 2023, according to International Monetary Fund.
- What is the highest services, credit/revenue recorded in Libya?
- The highest recorded value was 642.20 million in 2023.
- What is the lowest services, credit/revenue recorded in Libya?
- The lowest recorded value was 40.20 million in 2011.
- How does Libya rank for services, credit/revenue?
- Libya ranks 148th out of 198 countries with data for 2023.
- Is services, credit/revenue rising or falling in Libya?
- Over the last ten years it is up 257.0%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from International Monetary Fund, published as part of Services, Credit/Revenue (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.