Italy vs Libya: External balance on goods and services

Italy
43.60 billion current LCU
in 2025
Libya
14.72 billion current LCU
in 2025
Italy rank
47th
Libya rank
50th

External balance on goods and services over time

  • Italy
  • Libya
-40.0B-20.0B020.0B40.0B60.0B197019972025

How they compare

Italy currently reports 43.60 billion current LCU against 14.72 billion current LCU in Libya, a difference of 28.88 billion current LCU.

That makes Italy's figure about 3.0 times Libya's.

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

Italy ranks 47th and Libya ranks 50th of 193 countries.

Across the 4 decades both report, Italy averaged higher in 3 and Libya in 1.

Head to head by decade

Decade Italy Libya Difference Ahead
1990s 23.93 billion current LCU 399.64 million current LCU 23.53 billion current LCU Italy
2000s 1.12 billion current LCU 18.88 billion current LCU 17.77 billion current LCU Libya
2010s 29.73 billion current LCU 9.77 billion current LCU 19.95 billion current LCU Italy
2020s 30.44 billion current LCU 22.08 billion current LCU 8.35 billion current LCU Italy

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services, Italy or Libya?
Italy, at 43.60 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 Italy and Libya?
28.88 billion current LCU, with Italy ahead.
How many years of comparable data are there for Italy and Libya?
36 years are reported by both, from 1990 to 2025.
How do Italy and Libya rank globally for external balance on goods and services?
Italy ranks 47th and Libya ranks 50th of 193 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.

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Italy vs Libya: External balance on goods and services. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 27 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-current-lcu/italy/libya/

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About this data

Indicator
External balance on goods and services (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
193 places, 9,072 data points, 1960–2025
Last refreshed

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.