Libya vs Mongolia: External balance on goods and services as a percent of GDP

Libya
5.8%
in 2025
Mongolia
5.4%
in 2025
Libya rank
34th
Mongolia rank
37th

External balance on goods and services as a percent of GDP over time

  • Libya
  • Mongolia
-60-40-2002040198120032025

How they compare

Libya currently reports 5.8% against 5.4% in Mongolia, a difference of 0.4%.

That makes Libya's figure about 1.1 times Mongolia's.

The two have swapped places 6 times across 36 shared years of data; in 1990 it was Libya ahead.

Libya ranks 34th and Mongolia ranks 37th of 191 countries.

Libya has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Libya Mongolia Difference Ahead
1990s 3.5% -10.5% 14.0% Libya
2000s 28.4% -8.9% 37.4% Libya
2010s 8.8% -9.6% 18.4% Libya
2020s 9.8% 1.4% 8.5% Libya

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services as a percent of gdp, Libya or Mongolia?
Libya, at 5.8% against 5.4% in Mongolia as of 2025.
What is the difference in external balance on goods and services as a percent of gdp between Libya and Mongolia?
0.4%, with Libya ahead.
How many years of comparable data are there for Libya and Mongolia?
36 years are reported by both, from 1990 to 2025.
How do Libya and Mongolia rank globally for external balance on goods and services as a percent of gdp?
Libya ranks 34th and Mongolia ranks 37th of 191 countries.
Where does this data come from?
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as External balance on goods and services as a percent of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Libya vs Mongolia: External balance on goods and services as a percent of GDP. Statizoid, drawing on National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 08 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-as-a-percent-of-gdp/libya/mongolia/

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About this data

Indicator
External balance on goods and services as a percent of GDP
Unit
% of GDP
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
191 places, 9,006 data points, 1960–2025
Last refreshed

Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.