The national gross income per capita in Libya decreased by 2,720 U.S. dollars (-26.43 percent) in 2023 in comparison to the previous year. Nevertheless, the last two years recorded a significantly higher national gross income than the preceding years. Gross national income (GNI) per capita is the total value of money received by a country, from both domestic or foreign sources, divided by the midyear population. The World Bank uses a conversion system known as the Atlas method, which implements a price adjusted, three year moving average, smoothing out fluctuations in exchange rates.
Find more key insights for the national gross income per capita in countries like Tunisia and Algeria.
Gross National Income (GNI) per capita in Libya from 2013 to 2023
(in current U.S. dollars)
The source provides the following additional information: 'GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.'
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World Bank. (October 24, 2024). Gross National Income (GNI) per capita in Libya from 2013 to 2023 (in current U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1292046/gross-national-income-per-capita-in-libya/
World Bank. "Gross National Income (GNI) per capita in Libya from 2013 to 2023 (in current U.S. dollars)." Chart. October 24, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1292046/gross-national-income-per-capita-in-libya/
World Bank. (2024). Gross National Income (GNI) per capita in Libya from 2013 to 2023 (in current U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1292046/gross-national-income-per-capita-in-libya/
World Bank. "Gross National Income (Gni) per Capita in Libya from 2013 to 2023 (in Current U.S. Dollars)." Statista, Statista Inc., 24 Oct 2024, https://www.statista.com/statistics/1292046/gross-national-income-per-capita-in-libya/
World Bank, Gross National Income (GNI) per capita in Libya from 2013 to 2023 (in current U.S. dollars) Statista, https://www.statista.com/statistics/1292046/gross-national-income-per-capita-in-libya/ (last visited November 21, 2024)
Gross National Income (GNI) per capita in Libya from 2013 to 2023 (in current U.S. dollars) [Graph], World Bank, October 24, 2024. [Online]. Available: https://www.statista.com/statistics/1292046/gross-national-income-per-capita-in-libya/