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

Source: World Bank
Last Updated: July 1, 2023

Insurance and financial services as a percentage of service imports from the balance of payment reached 17.2% in 2020 in Libya, according to the National Central Bank / OECD. This is 29.8% less than in the previous year.

Historically, insurance and financial services as a percentage of service imports from the balance of payment in Libya reached an all time high of 37.6% in 2015 and an all time low of 0.484% in 2001.

Libya has been ranked 20th within the group of 154 countries we follow in terms of insurance and financial services as a percentage of service imports from the balance of payment.

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