Exports of goods, services and primary income in Libya
Libya: Exports of goods, services and primary income was 41.79 billion BoP, current US$ in 2023. ◆ Volatile
Exports of goods, services and primary income in Libya, 1977–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for exports of goods, services and primary income in Libya is 41.79 billion BoP, current US$, measured in 2023.
That represents a change of up 0.3% on the previous year and down 14.0% over ten years.
Over the whole period, exports of goods, services and primary income in Libya peaked at 66.63 billion BoP, current US$ in 2008 and was at its lowest, 5.90 billion BoP, current US$, in 1998.
That places Libya 74th out of 199 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of goods, services and primary income in Libya, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 10.79 billion BoP, current US$ | — |
| 1978 | 10.37 billion BoP, current US$ | -3.9% |
| 1979 | 16.55 billion BoP, current US$ | +59.6% |
| 1980 | 23.37 billion BoP, current US$ | +41.2% |
| 1981 | 16.52 billion BoP, current US$ | -29.3% |
| 1982 | 14.73 billion BoP, current US$ | -10.8% |
| 1983 | 13.19 billion BoP, current US$ | -10.5% |
| 1984 | 11.75 billion BoP, current US$ | -10.9% |
| 1985 | 10.88 billion BoP, current US$ | -7.4% |
| 1986 | 6.44 billion BoP, current US$ | -40.8% |
| 1987 | 6.62 billion BoP, current US$ | +2.8% |
| 1988 | 6.54 billion BoP, current US$ | -1.1% |
| 1989 | 7.84 billion BoP, current US$ | +19.8% |
| 1990 | 12.13 billion BoP, current US$ | +54.8% |
| 1991 | 11.45 billion BoP, current US$ | -5.6% |
| 1992 | 11.07 billion BoP, current US$ | -3.4% |
| 1993 | 9.17 billion BoP, current US$ | -17.1% |
| 1994 | 8.19 billion BoP, current US$ | -10.7% |
| 1995 | 7.95 billion BoP, current US$ | -2.9% |
| 1996 | 8.43 billion BoP, current US$ | +6.1% |
| 1997 | 8.73 billion BoP, current US$ | +3.6% |
| 1998 | 5.90 billion BoP, current US$ | -32.5% |
| 1999 | 7.88 billion BoP, current US$ | +33.6% |
| 2000 | 12.93 billion BoP, current US$ | +64.1% |
| 2001 | 11.50 billion BoP, current US$ | -11.1% |
| 2002 | 12.03 billion BoP, current US$ | +4.5% |
| 2003 | 15.01 billion BoP, current US$ | +24.8% |
| 2004 | 19.20 billion BoP, current US$ | +27.9% |
| 2005 | 31.22 billion BoP, current US$ | +62.6% |
| 2006 | 40.14 billion BoP, current US$ | +28.6% |
| 2007 | 51.55 billion BoP, current US$ | +28.4% |
| 2008 | 66.63 billion BoP, current US$ | +29.2% |
| 2009 | 39.90 billion BoP, current US$ | -40.1% |
| 2010 | 51.66 billion BoP, current US$ | +29.5% |
| 2011 | 20.31 billion BoP, current US$ | -60.7% |
| 2012 | 63.57 billion BoP, current US$ | +213.0% |
| 2013 | 48.59 billion BoP, current US$ | -23.6% |
| 2014 | 21.24 billion BoP, current US$ | -56.3% |
| 2015 | 13.04 billion BoP, current US$ | -38.6% |
| 2016 | 8.09 billion BoP, current US$ | -38.0% |
| 2017 | 21.41 billion BoP, current US$ | +164.8% |
| 2018 | 32.26 billion BoP, current US$ | +50.7% |
| 2019 | 32.48 billion BoP, current US$ | +0.7% |
| 2020 | 10.71 billion BoP, current US$ | -67.0% |
| 2021 | 33.25 billion BoP, current US$ | +210.4% |
| 2022 | 41.68 billion BoP, current US$ | +25.3% |
| 2023 | 41.79 billion BoP, current US$ | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.57 billion BoP, current US$ | 10.37 billion BoP, current US$ | 16.55 billion BoP, current US$ | 3 |
| 1980s | 11.79 billion BoP, current US$ | 6.44 billion BoP, current US$ | 23.37 billion BoP, current US$ | 10 |
| 1990s | 9.09 billion BoP, current US$ | 5.90 billion BoP, current US$ | 12.13 billion BoP, current US$ | 10 |
| 2000s | 30.01 billion BoP, current US$ | 11.50 billion BoP, current US$ | 66.63 billion BoP, current US$ | 10 |
| 2010s | 31.26 billion BoP, current US$ | 8.09 billion BoP, current US$ | 63.57 billion BoP, current US$ | 10 |
| 2020s | 31.86 billion BoP, current US$ | 10.71 billion BoP, current US$ | 41.79 billion BoP, current US$ | 4 |
Countries ranked near Libya
- 71 Costa Rica 42.79 billion BoP, current US$ compare
- 72 Ghana 42.04 billion BoP, current US$ compare
- 73 Ecuador 41.82 billion BoP, current US$ compare
- 75 Pakistan 41.71 billion BoP, current US$ compare
- 76 Estonia 40.19 billion BoP, current US$ compare
- 77 Uzbekistan 38.73 billion BoP, current US$ 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)
- Gross capital formation (current US$), annual growth rate -0.7941 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.1427 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 920.37 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 8.91 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.7571 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 4,883 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 8.56 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1653 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is exports of goods, services and primary income in Libya?
- Exports of goods, services and primary income in Libya was 41.79 billion BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest exports of goods, services and primary income recorded in Libya?
- The highest recorded value was 66.63 billion BoP, current US$ in 2008.
- What is the lowest exports of goods, services and primary income recorded in Libya?
- The lowest recorded value was 5.90 billion BoP, current US$ in 1998.
- How does Libya rank for exports of goods, services and primary income?
- Libya ranks 74th out of 199 countries with data for 2023.
- Is exports of goods, services and primary income rising or falling in Libya?
- Over the last ten years it is down 14.0%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Exports of goods, services and primary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. Primary income represents the return that accrues to institutional units for their contribution to the production process or for the provision of financial assets and renting natural resources to other institutional units. 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.