Australia vs Libya: External balance on goods and services
External balance on goods and services over time
- Australia
- Libya
How they compare
Australia currently reports 16.32 billion current LCU against 14.72 billion current LCU in Libya, a difference of 1.60 billion current LCU.
That makes Australia's figure about 1.1 times Libya's.
The two have swapped places 9 times across 36 shared years of data; in 1990 it was Libya ahead.
Australia ranks 49th and Libya ranks 50th of 192 countries.
Across the 4 decades both report, Australia averaged higher in 1 and Libya in 3.
Head to head by decade
| Decade | Australia | Libya | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -4.20 billion current LCU | 399.64 million current LCU | 4.59 billion current LCU | Libya |
| 2000s | -14.16 billion current LCU | 18.88 billion current LCU | 33.04 billion current LCU | Libya |
| 2010s | -4.25 billion current LCU | 9.77 billion current LCU | 14.03 billion current LCU | Libya |
| 2020s | 75.61 billion current LCU | 22.08 billion current LCU | 53.53 billion current LCU | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Australia or Libya?
- Australia, at 16.32 billion current LCU against 14.72 billion current LCU in Libya as of 2025.
- What is the difference in external balance on goods and services between Australia and Libya?
- 1.60 billion current LCU, with Australia ahead.
- How many years of comparable data are there for Australia and Libya?
- 36 years are reported by both, from 1990 to 2025.
- How do Australia and Libya rank globally for external balance on goods and services?
- Australia ranks 49th and Libya ranks 50th of 192 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.