Total current account credit/revenue, Credit/Revenue (US dollar) in Libya
Libya: Total current account credit/revenue, Credit/Revenue (US dollar) was 41.86 billion in 2023. ▼ Falling
Total current account credit/revenue, Credit/Revenue in Libya, 2005–2023
Source: International Monetary Fund.
Analysis
The most recent figure for total current account credit/revenue, credit/revenue in Libya is 41.86 billion, measured in 2023.
The figure is up 0.2% on the previous year and down 13.8% over ten years.
Over the whole period, total current account credit/revenue, credit/revenue in Libya peaked at 66.67 billion in 2008 and was at its lowest, 8.09 billion, in 2016.
Libya ranks 76th of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Total current account credit/revenue, Credit/Revenue (US dollar) in Libya, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 31.64 billion | — |
| 2006 | 41.79 billion | +32.1% |
| 2007 | 52.15 billion | +24.8% |
| 2008 | 66.67 billion | +27.8% |
| 2009 | 39.90 billion | -40.2% |
| 2010 | 51.66 billion | +29.5% |
| 2011 | 20.61 billion | -60.1% |
| 2012 | 63.57 billion | +208.4% |
| 2013 | 48.59 billion | -23.6% |
| 2014 | 21.24 billion | -56.3% |
| 2015 | 13.04 billion | -38.6% |
| 2016 | 8.09 billion | -38.0% |
| 2017 | 21.41 billion | +164.8% |
| 2018 | 32.26 billion | +50.7% |
| 2019 | 32.59 billion | +1.0% |
| 2020 | 10.83 billion | -66.8% |
| 2021 | 33.39 billion | +208.4% |
| 2022 | 41.77 billion | +25.1% |
| 2023 | 41.86 billion | +0.2% |
Libya compared with similar countries
- Libya's 41.86 billion is above the median for upper middle income countries, which is 21.37 billion, 2.0× the median. (54 countries reporting)
- Libya's 41.86 billion is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 65.05 billion, 64% of the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 46.43 billion | 31.64 billion | 66.67 billion | 5 |
| 2010s | 31.31 billion | 8.09 billion | 63.57 billion | 10 |
| 2020s | 31.96 billion | 10.83 billion | 41.86 billion | 4 |
Countries ranked near Libya
- 73 Guatemala 43.29 billion compare
- 74 Panama 42.52 billion compare
- 75 Dominican Republic 41.89 billion compare
- 77 Costa Rica 39.49 billion compare
- 78 Democratic Republic of Congo 39.36 billion compare
- 79 Azerbaijan 37.95 billion 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 total current account credit/revenue, credit/revenue in Libya?
- Total current account credit/revenue, credit/revenue in Libya was 41.86 billion in 2023, according to International Monetary Fund.
- What is the highest total current account credit/revenue, credit/revenue recorded in Libya?
- The highest recorded value was 66.67 billion in 2008.
- What is the lowest total current account credit/revenue, credit/revenue recorded in Libya?
- The lowest recorded value was 8.09 billion in 2016.
- How does Libya rank for total current account credit/revenue, credit/revenue?
- Libya ranks 76th out of 197 countries with data for 2023.
- Is total current account credit/revenue, credit/revenue rising or falling in Libya?
- Over the last ten years it is down 13.8%. The long-run trend across the full record is falling.
- Where does this Libya data come from?
- The figures come from International Monetary Fund, published as part of Total current account credit/revenue, 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.