Total reserves in months of imports (reserves International Financial) in Libya
Libya: Total reserves in months of imports (reserves International Financial) was 31.57 in 2023. ◆ Volatile
Total reserves in months of imports in Libya, 1977–2023
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
In 2023, total reserves in months of imports in Libya stood at 31.57.
Compared with earlier readings it is down 10.2% on the previous year and down 0.4% over ten years.
Over the whole period, total reserves in months of imports in Libya peaked at 79.24 in 2011 and was at its lowest, 4.81, in 1984.
That places Libya 1st out of 179 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Total reserves in months of imports (reserves International Financial) in Libya, year by year
| Year | Value | Change |
|---|---|---|
| 1977 | 8.1 | — |
| 1978 | 6.51 | -19.6% |
| 1979 | 7.69 | +18.0% |
| 1980 | 12.76 | +66.0% |
| 1981 | 6.64 | -48.0% |
| 1982 | 7.14 | +7.5% |
| 1983 | 6.21 | -13.0% |
| 1984 | 4.81 | -22.6% |
| 1985 | 10.53 | +119.2% |
| 1986 | 14.56 | +38.3% |
| 1987 | 12.76 | -12.4% |
| 1988 | 8.88 | -30.4% |
| 1989 | 8.27 | -6.8% |
| 1990 | 9.17 | +10.9% |
| 1991 | 7.44 | -18.9% |
| 1992 | 9.63 | +29.4% |
| 1993 | 6.92 | -28.1% |
| 1994 | 9.09 | +31.4% |
| 1995 | 11.93 | +31.3% |
| 1996 | 10.46 | -12.3% |
| 1997 | 10.33 | -1.3% |
| 1998 | 17.54 | +69.8% |
| 1999 | 18.72 | +6.8% |
| 2000 | 26.68 | +42.5% |
| 2001 | 25.93 | -2.8% |
| 2002 | 18.23 | -29.7% |
| 2003 | 25.96 | +42.4% |
| 2004 | 27.54 | +6.1% |
| 2005 | 32.13 | +16.7% |
| 2006 | 40.24 | +25.2% |
| 2007 | 43.77 | +8.8% |
| 2008 | 38.68 | -11.6% |
| 2009 | 43.01 | +11.2% |
| 2010 | 38.56 | -10.4% |
| 2011 | 79.24 | +105.5% |
| 2012 | 40.53 | -48.9% |
| 2013 | 31.69 | -21.8% |
| 2014 | 28.69 | -9.5% |
| 2015 | 43.25 | +50.7% |
| 2016 | 69.98 | +61.8% |
| 2017 | 58.58 | -16.3% |
| 2018 | 50.62 | -13.6% |
| 2019 | 38.06 | -24.8% |
| 2020 | 65.15 | +71.2% |
| 2021 | 36.81 | -43.5% |
| 2022 | 35.15 | -4.5% |
| 2023 | 31.57 | -10.2% |
Libya compared with similar countries
- Libya's 31.57 is above the median for upper middle income countries, which is 4.95, 6.4× the median. (55 countries reporting)
- Libya's 31.57 is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 6.69, 4.7× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.43 | 6.51 | 8.1 | 3 |
| 1980s | 9.26 | 4.81 | 14.56 | 10 |
| 1990s | 11.12 | 6.92 | 18.72 | 10 |
| 2000s | 32.22 | 18.23 | 43.77 | 10 |
| 2010s | 47.92 | 28.69 | 79.24 | 10 |
| 2020s | 42.17 | 31.57 | 65.15 | 4 |
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 total reserves in months of imports in Libya?
- Total reserves in months of imports in Libya was 31.57 in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves in months of imports recorded in Libya?
- The highest recorded value was 79.24 in 2011.
- What is the lowest total reserves in months of imports recorded in Libya?
- The lowest recorded value was 4.81 in 1984.
- How does Libya rank for total reserves in months of imports?
- Libya ranks 1st out of 179 countries with data for 2023.
- Is total reserves in months of imports rising or falling in Libya?
- Over the last ten years it is down 0.4%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Total reserves in months of imports. Statizoid updates them automatically from the source API.
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About this data
Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This item is expressed in terms of the number of months of imports of goods and services they could pay for [X/(Imports/12)].