Libya: Foreign Direct Investment, billion dollars
* indicates monthly or quarterly data series
Libya |
Foreign Direct Investment, billion USD |
---|---|
Latest value | 0.60 |
Year | 2021 |
Measure | billion U.S. dollars |
Data availability | 1970 - 2021 |
Average | 0.32 |
Min - Max | -1.09 - 4.69 |
Source | The World Bank |
The latest value from 2021 is 0.6 billion U.S. dollars, a decline from 0.7 billion U.S. dollars in 2013. In comparison, the world average is 12.06 billion U.S. dollars, based on data from 186 countries. Historically, the average for Libya from 1970 to 2021 is 0.32 billion U.S. dollars. The minimum value, -1.09 billion U.S. dollars, was reached in 1980 while the maximum of 4.69 billion U.S. dollars was recorded in 2007.
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Definition: Foreign direct investment refers to direct investment equity flows in the reporting economy. It is the sum of equity capital, reinvestment of earnings, and other capital. Direct investment is a category of cross-border investment associated with a resident in one economy having control or a significant degree of influence on the management of an enterprise that is resident in another economy. Ownership of 10 percent or more of the ordinary shares of voting stock is the criterion for determining the existence of a direct investment relationship. Data are in current U.S. dollars.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Terms of trade | 106.18 | 2021 | percent |
Trade openness | 109.93 | 2023 | percent |
Financial openness | -1.242 | 2021 | index points |
Exports, percent of GDP | 68.63 | 2023 | percent |
Exports, billion dollars | 34.65 | 2023 | billion U.S. dollars |
Growth of exports | 7.10 | 2023 | percent |
Imports, percent of GDP | 41.30 | 2023 | percent |
Imports, billion dollars | 20.85 | 2023 | billion U.S. dollars |
Foreign Direct Investment, percent of GDP | 1.26 | 2021 | percent |
Foreign Direct Investment, billion dollars | 0.60 | 2021 | billion U.S. dollars |
Portfolio investment inflows, equities | 0.00 | 2013 | million dollars (current) |
Current account, percent of GDP | 18.50 | 2023 | percent |
Current account, in dollars | 5.68 | 2021 | billion U.S. dollars |
Trade balance, percent of GDP | 27.33 | 2023 | percent |
Trade balance, in dollars | 6.97 | 2021 | billion U.S. dollars |
Reserves | 92.43 | 2023 | billion U.S. dollars |
Remittances, percent of GDP | 0.03 | 2006 | percent |
Remittances | 16.00 | 2006 | million U.S. dollars |
Net errors and omissions | -577.50 | 2021 | million USD |
Foreign exchange reserves | 81.86 | 4/2024 | billion |