Australia vs Libya: Net trade in goods and services
Australia
4.26 billion BoP, current US$
in 2025
Libya
4.47 billion BoP, current US$
in 2023
Australia rank
50th
Libya rank
47th
Net trade in goods and services over time
- Australia
- Libya
How they compare
Libya currently reports 4.47 billion BoP, current US$ against 4.26 billion BoP, current US$ in Australia, a difference of 206.17 million BoP, current US$.
The two have swapped places 9 times across 35 shared years of data; in 1989 it was Libya ahead.
Australia ranks 50th and Libya ranks 47th of 199 countries.
Across the 5 decades both report, Australia averaged higher in 1 and Libya in 4.
Head to head by decade
| Decade | Australia | Libya | Difference | Ahead |
|---|---|---|---|---|
| 1980s | -7.65 billion BoP, current US$ | -598.46 million BoP, current US$ | 7.06 billion BoP, current US$ | Libya |
| 1990s | -2.96 billion BoP, current US$ | 974.38 million BoP, current US$ | 3.93 billion BoP, current US$ | Libya |
| 2000s | -11.21 billion BoP, current US$ | 13.64 billion BoP, current US$ | 24.85 billion BoP, current US$ | Libya |
| 2010s | -958.63 million BoP, current US$ | 4.04 billion BoP, current US$ | 5.00 billion BoP, current US$ | Libya |
| 2020s | 67.59 billion BoP, current US$ | 4.65 billion BoP, current US$ | 62.94 billion BoP, current US$ | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net trade in goods and services, Australia or Libya?
- Libya, at 4.47 billion BoP, current US$ against 4.26 billion BoP, current US$ in Australia as of 2023.
- What is the difference in net trade in goods and services between Australia and Libya?
- 206.17 million BoP, current US$, with Libya ahead.
- How many years of comparable data are there for Australia and Libya?
- 35 years are reported by both, from 1989 to 2023.
- How do Australia and Libya rank globally for net trade in goods and services?
- Australia ranks 50th and Libya ranks 47th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net trade in goods and services (BoP, current US$). 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 indicator is expressed in United States dollars.