Iran vs Libya: Net trade in goods
Net trade in goods over time
- Iran
- Libya
How they compare
Libya currently reports 13.88 billion BoP, current US$ against 13.14 billion BoP, current US$ in Iran, a difference of 742.90 million BoP, current US$.
That makes Libya's figure about 1.1 times Iran's.
The two have swapped places 8 times across 24 shared years of data; in 1977 it was Iran ahead.
Iran ranks 32nd and Libya ranks 30th of 198 countries.
Across the 4 decades both report, Iran averaged higher in 3 and Libya in 1.
Head to head by decade
| Decade | Iran | Libya | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 9.63 billion BoP, current US$ | 5.65 billion BoP, current US$ | 3.98 billion BoP, current US$ | Iran |
| 1980s | 1.23 billion BoP, current US$ | 2.74 billion BoP, current US$ | 1.52 billion BoP, current US$ | Libya |
| 1990s | 2.03 billion BoP, current US$ | 2.02 billion BoP, current US$ | 17.27 million BoP, current US$ | Iran |
| 2000s | 13.14 billion BoP, current US$ | 7.91 billion BoP, current US$ | 5.23 billion BoP, current US$ | Iran |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net trade in goods, Iran or Libya?
- Libya, at 13.88 billion BoP, current US$ against 13.14 billion BoP, current US$ in Iran as of 2023.
- What is the difference in net trade in goods between Iran and Libya?
- 742.90 million BoP, current US$, with Libya ahead.
- How many years of comparable data are there for Iran and Libya?
- 24 years are reported by both, from 1977 to 2000.
- How do Iran and Libya rank globally for net trade in goods?
- Iran ranks 32nd and Libya ranks 30th of 198 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net trade in goods (BoP, current US$). 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 is the difference between the exports and imports of goods. 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.