Libya vs Venezuela, Bolivarian Republic of: Imports of goods, services and primary income
Imports of goods, services and primary income over time
- Libya
- Venezuela, Bolivarian Republic of
How they compare
Libya currently reports 35.13 billion BoP, current US$ against 33.34 billion BoP, current US$ in Venezuela, Bolivarian Republic of, a difference of 1.80 billion BoP, current US$.
That makes Libya's figure about 1.1 times Venezuela, Bolivarian Republic of's.
The two have swapped places 2 times across 40 shared years of data; in 1977 it was Venezuela, Bolivarian Republic of ahead.
Libya ranks 82nd and Venezuela, Bolivarian Republic of ranks 84th of 200 countries.
Venezuela, Bolivarian Republic of has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Libya | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 9.38 billion BoP, current US$ | 15.19 billion BoP, current US$ | 5.81 billion BoP, current US$ | Venezuela, Bolivarian Republic of |
| 1980s | 10.96 billion BoP, current US$ | 16.05 billion BoP, current US$ | 5.09 billion BoP, current US$ | Venezuela, Bolivarian Republic of |
| 1990s | 7.93 billion BoP, current US$ | 19.67 billion BoP, current US$ | 11.74 billion BoP, current US$ | Venezuela, Bolivarian Republic of |
| 2000s | 16.20 billion BoP, current US$ | 40.90 billion BoP, current US$ | 24.70 billion BoP, current US$ | Venezuela, Bolivarian Republic of |
| 2010s | 29.25 billion BoP, current US$ | 70.37 billion BoP, current US$ | 41.12 billion BoP, current US$ | Venezuela, Bolivarian Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher imports of goods, services and primary income, Libya or Venezuela, Bolivarian Republic of?
- Libya, at 35.13 billion BoP, current US$ against 33.34 billion BoP, current US$ in Venezuela, Bolivarian Republic of as of 2023.
- What is the difference in imports of goods, services and primary income between Libya and Venezuela, Bolivarian Republic of?
- 1.80 billion BoP, current US$, with Libya ahead.
- How many years of comparable data are there for Libya and Venezuela, Bolivarian Republic of?
- 40 years are reported by both, from 1977 to 2016.
- How do Libya and Venezuela, Bolivarian Republic of rank globally for imports of goods, services and primary income?
- Libya ranks 82nd and Venezuela, Bolivarian Republic of ranks 84th of 200 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Imports of goods, services and primary income (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. Primary income represents the return that accrues to institutional units for their contribution to the production process or for the provision of financial assets and renting natural resources to other institutional units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.