Annual growth of exports of goods and services in Libya
Libya: Annual growth of exports of goods and services was -6.9% in 2024. ◆ Volatile
Annual growth of exports of goods and services in Libya, 2004–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2024, annual growth of exports of goods and services in Libya stood at -6.9%.
Compared with earlier readings it is down 197.2% on the previous year and up 87.2% over ten years.
Over the whole period, annual growth of exports of goods and services in Libya peaked at 310.2% in 2010 and was at its lowest, -71.4%, in 2011.
Libya ranks 160th of 176 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of exports of goods and services in Libya, year by year
| Year | % | Change |
|---|---|---|
| 2004 | -9.9% | — |
| 2005 | 7.7% | -178.3% |
| 2006 | 21.3% | +175.7% |
| 2007 | 10.4% | -51.1% |
| 2008 | -10.9% | -204.2% |
| 2009 | -4.8% | -56.1% |
| 2010 | 310.2% | -6603.4% |
| 2011 | -71.4% | -123.0% |
| 2012 | 211.5% | -396.3% |
| 2013 | -26.3% | -112.4% |
| 2014 | -53.8% | +104.8% |
| 2015 | -2.1% | -96.1% |
| 2016 | -5.9% | +181.0% |
| 2017 | 132.6% | -2336.6% |
| 2018 | 26.0% | -80.4% |
| 2019 | 4.7% | -81.9% |
| 2020 | -66.3% | -1511.5% |
| 2021 | 126.1% | -290.1% |
| 2022 | -19.9% | -115.8% |
| 2023 | 7.1% | -135.6% |
| 2024 | -6.9% | -197.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.3% | -10.9% | 21.3% | 6 |
| 2010s | 52.6% | -71.4% | 310.2% | 10 |
| 2020s | 8.0% | -66.3% | 126.1% | 5 |
Countries ranked near Libya
- 157 Cameroon -5.0% compare
- 158 San Marino -5.4% compare
- 159 Uzbekistan -5.9% compare
- 161 Congo, Democratic Republic of the -8.1% compare
- 162 Djibouti -9.6% compare
- 163 Egypt -10.6% compare
More economy & growth data for Libya
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.31 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- Households and NPISHs Final consumption expenditure (current LCU) 7.09 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 1.64 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 10,584 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 4.99 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.4054 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2,614 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate -4.51 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.6321 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is annual growth of exports of goods and services in Libya?
- Annual growth of exports of goods and services in Libya was -6.9% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of exports of goods and services recorded in Libya?
- The highest recorded value was 310.2% in 2010.
- What is the lowest annual growth of exports of goods and services recorded in Libya?
- The lowest recorded value was -71.4% in 2011.
- How does Libya rank for annual growth of exports of goods and services?
- Libya ranks 160th out of 176 countries with data for 2024.
- Is annual growth of exports of goods and services rising or falling in Libya?
- Over the last ten years it is up 87.2%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of exports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of exports of goods and services (%).