Caribbean vs Libya: Merchandise trade as a proportion of GDP
Caribbean
25.4%
in 2020
Libya
98.1%
in 2024
Caribbean rank
34th
Libya rank
32nd
Merchandise trade as a proportion of GDP over time
- Caribbean
- Libya
How they compare
Libya currently reports 98.1% against 25.4% in Caribbean, a difference of 72.7%.
That makes Libya's figure about 3.9 times Caribbean's.
Across all 10 years both countries report, Libya has been ahead every year.
Caribbean ranks 34th and Libya ranks 32nd of 37 groups.
Libya has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Caribbean | Libya | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 37.9% | 71.2% | 33.3% | Libya |
| 2020s | 25.4% | 41.7% | 16.3% | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise trade as a proportion of gdp, Caribbean or Libya?
- Libya, at 98.1% against 25.4% in Caribbean as of 2024.
- What is the difference in merchandise trade as a proportion of gdp between Caribbean and Libya?
- 72.7%, with Libya ahead.
- How many years of comparable data are there for Caribbean and Libya?
- 10 years are reported by both, from 2011 to 2020.
- How do Caribbean and Libya rank globally for merchandise trade as a proportion of gdp?
- Caribbean ranks 34th and Libya ranks 32nd of 37 groups.
- Where does this data come from?
- United Nations Statistics Division, SDG Global Database, published as Merchandise trade as a proportion of GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.