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Insurance and Financial Services (As % of Service Exports, BoP) in Libya

Source: World Bank
Last Updated: July 1, 2023

Insurance and financial services as a percentage of service exports from the balance of payment reached 30.8% in 2020 in Libya, according to the National Central Bank / OECD. This is 18.8% more than in the previous year.

Historically, insurance and financial services as a percentage of service exports from the balance of payment in Libya reached an all time high of 89.6% in 2015 and an all time low of 2.21% in 2008.

Libya has been ranked 5th within the group of 148 countries we follow in terms of insurance and financial services as a percentage of service exports from the balance of payment.

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