Remittances received in Libya in 2006 — 16,000,000 US$. Ranked 147 in the world out of 169. Since 2000, the indicator has risen by 77.8%.
2000–2006 · US$
How the value compares with the world and the groups this territory belongs to: Libya
| Year | US$ | Change | Change, % |
|---|---|---|---|
| 2006 | 16M | +1M | +6.67% |
| 2005 | 15M | +5M | +50% |
| 2004 | 10M | +2M | +25% |
| 2003 | 8M | +1M | +14.29% |
| 2002 | 7M | −3M | −30% |
| 2001 | 10M | +1M | +11.11% |
| 2000 | 9M | — | — |
The same indicator for neighboring countries — with links to their pages
Personal remittances received by a country: the earnings of labor migrants sent home, plus transfers between households. For a couple of dozen countries this flow is larger than any single export item, and for several it exceeds a fifth of GDP — remittances then become the main external link of the economy, steadier than both direct investment and foreign aid: in a crisis they usually do not fall but rise, because migrants send their families more.
Important: Only transfers through banks and money transfer systems are counted. Cash brought in person does not reach the statistics, so the real volumes are higher — by estimates, noticeably so.
Source: World Development Indicators (World Bank), license CC BY 4.0.
How much money leaves a country in remittances — mostly the earnings of incomers.
Migration Number of immigrantsHow many people born abroad live in the country at present.
Economy Gross national incomeThe income received by the residents of a country — including what is earned abroad, but without what foreigners earn inside it.
Finance Development aid receivedHow much official development assistance a country receives — in grants and concessional loans.
