External balance on goods and services (current US$) (US current) in Libya
Libya: External balance on goods and services (current US$) (US current) was 2.77 billion current US$ in 2025. ◆ Volatile
External balance on goods and services in Libya, 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2025, external balance on goods and services in Libya stood at 2.77 billion current US$.
The figure is down 3.8% on the previous year and up 145.7% over ten years.
Over the whole period, external balance on goods and services in Libya peaked at 39.01 billion current US$ in 2008 and was at its lowest, -6.91 billion current US$, in 2014.
That places Libya 56th out of 193 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services (current US$) (US current) in Libya, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 2.47 billion current US$ | — |
| 1991 | 981.02 million current US$ | -60.3% |
| 1992 | 1.74 billion current US$ | +76.9% |
| 1993 | -1.01 billion current US$ | -158.4% |
| 1994 | 262.65 million current US$ | -125.9% |
| 1995 | 1.73 billion current US$ | +557.4% |
| 1996 | 1.33 billion current US$ | -23.1% |
| 1997 | 1.52 billion current US$ | +14.2% |
| 1998 | -412.77 million current US$ | -127.2% |
| 1999 | 2.03 billion current US$ | -591.5% |
| 2000 | 6.83 billion current US$ | +236.4% |
| 2001 | 3.38 billion current US$ | -50.5% |
| 2002 | 2.19 billion current US$ | -35.3% |
| 2003 | 6.31 billion current US$ | +188.5% |
| 2004 | 10.39 billion current US$ | +64.7% |
| 2005 | 17.31 billion current US$ | +66.5% |
| 2006 | 27.61 billion current US$ | +59.5% |
| 2007 | 30.02 billion current US$ | +8.8% |
| 2008 | 39.01 billion current US$ | +29.9% |
| 2009 | 11.46 billion current US$ | -70.6% |
| 2010 | 25.98 billion current US$ | +126.6% |
| 2011 | 6.40 billion current US$ | -75.4% |
| 2012 | 32.86 billion current US$ | +413.5% |
| 2013 | 10.13 billion current US$ | -69.2% |
| 2014 | -6.91 billion current US$ | -168.2% |
| 2015 | -6.07 billion current US$ | -12.3% |
| 2016 | -5.97 billion current US$ | -1.6% |
| 2017 | 4.60 billion current US$ | -177.0% |
| 2018 | 11.84 billion current US$ | +157.6% |
| 2019 | 3.96 billion current US$ | -66.6% |
| 2020 | -4.80 billion current US$ | -221.3% |
| 2021 | 6.98 billion current US$ | -245.4% |
| 2022 | 11.95 billion current US$ | +71.2% |
| 2023 | 4.46 billion current US$ | -62.7% |
| 2024 | 2.88 billion current US$ | -35.4% |
| 2025 | 2.77 billion current US$ | -3.8% |
Libya compared with similar countries
- Libya's 2.77 billion current US$ is above the median for upper middle income countries, which is -347.73 million current US$. (53 countries reporting)
- Libya's 2.77 billion current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is -4.68 billion current US$. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.06 billion current US$ | -1.01 billion current US$ | 2.47 billion current US$ | 10 |
| 2000s | 15.45 billion current US$ | 2.19 billion current US$ | 39.01 billion current US$ | 10 |
| 2010s | 7.68 billion current US$ | -6.91 billion current US$ | 32.86 billion current US$ | 10 |
| 2020s | 4.04 billion current US$ | -4.80 billion current US$ | 11.95 billion current US$ | 6 |
Countries ranked near Libya
More economy & growth data for Libya
- Real gdp growth, annual growth rate -240.99 % change on previous year (2019)
- 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)
- SDRs holdings, US dollar, annual growth rate 6.09 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.094 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 605.92 units per person (2025)
- SDRs holdings, SDR, annual growth rate 1.03 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0686 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 442.44 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % 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 2.77 billion current US$ 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 39.01 billion current US$ in 2008.
- What is the lowest external balance on goods and services recorded in Libya?
- The lowest recorded value was -6.91 billion current US$ in 2014.
- How does Libya rank for external balance on goods and services?
- Libya ranks 56th out of 193 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 145.7%. 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 (current US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.