Libya vs Nigeria: Trade of goods and services
Libya
88.37 billion current US$
in 2008
Nigeria
183.57 billion current US$
in 2011
Libya rank
5th
Nigeria rank
2nd
Trade of goods and services over time
- Libya
- Nigeria
How they compare
Nigeria currently reports 183.57 billion current US$ against 88.37 billion current US$ in Libya, a difference of 95.20 billion current US$.
That makes Nigeria's figure about 2.1 times Libya's.
The two have swapped places 2 times across 19 shared years of data; in 1990 it was Nigeria ahead.
Libya ranks 5th and Nigeria ranks 2nd of 53 countries.
Nigeria has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Libya | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 15.99 billion current US$ | 23.78 billion current US$ | 7.78 billion current US$ | Nigeria |
| 2000s | 39.80 billion current US$ | 76.66 billion current US$ | 36.86 billion current US$ | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher trade of goods and services, Libya or Nigeria?
- Nigeria, at 183.57 billion current US$ against 88.37 billion current US$ in Libya as of 2011.
- What is the difference in trade of goods and services between Libya and Nigeria?
- 95.20 billion current US$, with Nigeria ahead.
- How many years of comparable data are there for Libya and Nigeria?
- 19 years are reported by both, from 1990 to 2008.
- How do Libya and Nigeria rank globally for trade of goods and services?
- Libya ranks 5th and Nigeria ranks 2nd of 53 countries.
- Where does this data come from?
- World Bank national accounts data, and OECD National Accounts data files, published as Trade of goods and services (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.