External balance on goods and services in Libya
Libya: External balance on goods and services was 32.09 billion constant LCU in 2025. ◆ Volatile
External balance on goods and services in Libya, 2013–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2025, external balance on goods and services in Libya stood at 32.09 billion constant LCU.
Compared with earlier readings it is up 28.1% on the previous year and up 1,652.2% over ten years.
Over the whole period, external balance on goods and services in Libya peaked at 46.97 billion constant LCU in 2018 and was at its lowest, -6.20 billion constant LCU, in 2014.
Libya ranks 33rd of 162 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services in Libya, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2013 | 12.88 billion constant LCU | — |
| 2014 | -6.20 billion constant LCU | -148.1% |
| 2015 | 1.83 billion constant LCU | -129.5% |
| 2016 | 5.16 billion constant LCU | +181.7% |
| 2017 | 37.69 billion constant LCU | +630.5% |
| 2018 | 46.97 billion constant LCU | +24.6% |
| 2019 | 41.40 billion constant LCU | -11.9% |
| 2020 | 5.17 billion constant LCU | -87.5% |
| 2021 | 27.64 billion constant LCU | +434.8% |
| 2022 | 20.35 billion constant LCU | -26.4% |
| 2023 | 27.78 billion constant LCU | +36.5% |
| 2024 | 25.04 billion constant LCU | -9.9% |
| 2025 | 32.09 billion constant LCU | +28.1% |
Libya compared with similar countries
- Libya's 32.09 billion constant LCU is above the median for upper middle income countries, which is -6.27 billion constant LCU. (46 countries reporting)
- Libya's 32.09 billion constant LCU is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.24 billion constant LCU, 14.3× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 19.96 billion constant LCU | -6.20 billion constant LCU | 46.97 billion constant LCU | 7 |
| 2020s | 23.01 billion constant LCU | 5.17 billion constant LCU | 32.09 billion constant LCU | 6 |
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 external balance on goods and services in Libya?
- External balance on goods and services in Libya was 32.09 billion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Libya?
- The highest recorded value was 46.97 billion constant LCU in 2018.
- What is the lowest external balance on goods and services recorded in Libya?
- The lowest recorded value was -6.20 billion constant LCU in 2014.
- How does Libya rank for external balance on goods and services?
- Libya ranks 33rd out of 162 countries with data for 2025.
- Is external balance on goods and services rising or falling in Libya?
- Over the last ten years it is up 1,652.2%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (constant LCU). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.