Annual growth of imports of goods and services in Libya
Libya: Annual growth of imports of goods and services was -3.0% in 2024. ◆ Volatile
Annual growth of imports of goods and services in Libya, 2004–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Libya recorded -3.0% for annual growth of imports of goods and services in 2024.
That represents a change of up 81.7% on the previous year and up 88.6% over ten years.
Over the whole period, annual growth of imports of goods and services in Libya peaked at 143.4% in 2012 and was at its lowest, -55.1%, in 2011.
That places Libya 160th out of 186 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of imports of goods and services in Libya, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 4.9% | — |
| 2005 | 11.4% | +134.3% |
| 2006 | -4.8% | -142.0% |
| 2007 | 32.2% | -772.2% |
| 2008 | 7.1% | -77.8% |
| 2009 | 27.6% | +286.4% |
| 2010 | 48.2% | +74.8% |
| 2011 | -55.1% | -214.3% |
| 2012 | 143.4% | -360.1% |
| 2013 | 22.1% | -84.6% |
| 2014 | -26.5% | -219.8% |
| 2015 | -26.3% | -0.8% |
| 2016 | -20.2% | -23.2% |
| 2017 | -0.7% | -96.4% |
| 2018 | 28.8% | -4040.8% |
| 2019 | 36.3% | +26.1% |
| 2020 | -40.2% | -210.8% |
| 2021 | 46.6% | -215.9% |
| 2022 | -13.9% | -129.9% |
| 2023 | -16.5% | +18.8% |
| 2024 | -3.0% | -81.7% |
Libya compared with similar countries
- Libya's -3.0% is below the median for upper middle income countries, which is 6.1%. (46 countries reporting)
- Libya's -3.0% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 5.3%. (18 countries reporting)
Biggest year-on-year movements
Years where Annual growth of imports of goods and services in Libya changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2018 | +4040.8% | -0.7% | 28.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.1% | -4.8% | 32.2% | 6 |
| 2010s | 15.0% | -55.1% | 143.4% | 10 |
| 2020s | -5.4% | -40.2% | 46.6% | 5 |
Countries ranked near Libya
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -56.51 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0012 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -7.66 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 794.70 million BoP, current US$ (2023)
- Foreign direct investment, net inflows (BoP, current US$), annual 13.21 % change on previous year (2023)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0181 BoP, current US$ per US$ of GDP (2023)
- Foreign direct investment, net inflows (BoP, current US$), per capita 108.78 BoP, current US$ per person (2023)
- Total reserves (includes gold, current US$), annual growth rate 12.66 % change on previous year (2025)
Frequently asked questions
- What is annual growth of imports of goods and services in Libya?
- Annual growth of imports of goods and services in Libya was -3.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of imports of goods and services recorded in Libya?
- The highest recorded value was 143.4% in 2012.
- What is the lowest annual growth of imports of goods and services recorded in Libya?
- The lowest recorded value was -55.1% in 2011.
- How does Libya rank for annual growth of imports of goods and services?
- Libya ranks 160th out of 186 countries with data for 2024.
- Is annual growth of imports of goods and services rising or falling in Libya?
- Over the last ten years it is up 88.6%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of imports of goods and services (%). Statizoid updates them automatically from the source API.
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