Goods exports (BoP, current US$), per unit of GDP in Libya
Libya: Goods exports (BoP, current US$), per unit of GDP was 0.8429 BoP, current US$ per US$ of GDP in 2023. ▲ Rising
Goods exports (BoP, current US$), per unit of GDP in Libya, 1977–2023
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
The most recent figure for goods exports (bop, current us$), per unit of gdp in Libya is 0.8429 BoP, current US$ per US$ of GDP, measured in 2023.
That represents a change of down 8.3% on the previous year and up 38.0% over ten years.
Over the whole period, goods exports (bop, current us$), per unit of gdp in Libya peaked at 0.9191 BoP, current US$ per US$ of GDP in 2022 and was at its lowest, 0.1355 BoP, current US$ per US$ of GDP, in 2016.
That places Libya 6th out of 199 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently rising across the 47 years of available data.
Goods exports (BoP, current US$), per unit of GDP in Libya, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1977 | 0.4639 BoP, current US$ per US$ of GDP | — |
| 1978 | 0.4472 BoP, current US$ per US$ of GDP | -3.6% |
| 1979 | 0.5233 BoP, current US$ per US$ of GDP | +17.0% |
| 1980 | 0.5352 BoP, current US$ per US$ of GDP | +2.3% |
| 1981 | 0.405 BoP, current US$ per US$ of GDP | -24.3% |
| 1982 | 0.4058 BoP, current US$ per US$ of GDP | +0.2% |
| 1983 | 0.3719 BoP, current US$ per US$ of GDP | -8.4% |
| 1984 | 0.3741 BoP, current US$ per US$ of GDP | +0.6% |
| 1985 | 0.3284 BoP, current US$ per US$ of GDP | -12.2% |
| 1986 | 0.2402 BoP, current US$ per US$ of GDP | -26.9% |
| 1987 | 0.2165 BoP, current US$ per US$ of GDP | -9.9% |
| 1988 | 0.2326 BoP, current US$ per US$ of GDP | +7.4% |
| 1989 | 0.2891 BoP, current US$ per US$ of GDP | +24.3% |
| 1990 | 0.3927 BoP, current US$ per US$ of GDP | +35.8% |
| 1991 | 0.3345 BoP, current US$ per US$ of GDP | -14.8% |
| 1992 | 0.3007 BoP, current US$ per US$ of GDP | -10.1% |
| 1993 | 0.2787 BoP, current US$ per US$ of GDP | -7.3% |
| 1994 | 0.2693 BoP, current US$ per US$ of GDP | -3.4% |
| 1995 | 0.293 BoP, current US$ per US$ of GDP | +8.8% |
| 1996 | 0.2844 BoP, current US$ per US$ of GDP | -2.9% |
| 1997 | 0.2663 BoP, current US$ per US$ of GDP | -6.4% |
| 1998 | 0.1954 BoP, current US$ per US$ of GDP | -26.6% |
| 1999 | 0.2022 BoP, current US$ per US$ of GDP | +3.5% |
| 2000 | 0.3145 BoP, current US$ per US$ of GDP | +55.5% |
| 2001 | 0.3117 BoP, current US$ per US$ of GDP | -0.9% |
| 2002 | 0.481 BoP, current US$ per US$ of GDP | +54.3% |
| 2003 | 0.4903 BoP, current US$ per US$ of GDP | +1.9% |
| 2004 | 0.5261 BoP, current US$ per US$ of GDP | +7.3% |
| 2005 | 0.6095 BoP, current US$ per US$ of GDP | +15.9% |
| 2006 | 0.6236 BoP, current US$ per US$ of GDP | +2.3% |
| 2007 | 0.6898 BoP, current US$ per US$ of GDP | +10.6% |
| 2008 | 0.7144 BoP, current US$ per US$ of GDP | +3.6% |
| 2009 | 0.6094 BoP, current US$ per US$ of GDP | -14.7% |
| 2010 | 0.6492 BoP, current US$ per US$ of GDP | +6.5% |
| 2011 | 0.3957 BoP, current US$ per US$ of GDP | -39.0% |
| 2012 | 0.6594 BoP, current US$ per US$ of GDP | +66.7% |
| 2013 | 0.6107 BoP, current US$ per US$ of GDP | -7.4% |
| 2014 | 0.3364 BoP, current US$ per US$ of GDP | -44.9% |
| 2015 | 0.2229 BoP, current US$ per US$ of GDP | -33.7% |
| 2016 | 0.1355 BoP, current US$ per US$ of GDP | -39.2% |
| 2017 | 0.2809 BoP, current US$ per US$ of GDP | +107.3% |
| 2018 | 0.389 BoP, current US$ per US$ of GDP | +38.5% |
| 2019 | 0.4196 BoP, current US$ per US$ of GDP | +7.9% |
| 2020 | 0.1987 BoP, current US$ per US$ of GDP | -52.6% |
| 2021 | 0.9171 BoP, current US$ per US$ of GDP | +361.5% |
| 2022 | 0.9191 BoP, current US$ per US$ of GDP | +0.2% |
| 2023 | 0.8429 BoP, current US$ per US$ of GDP | -8.3% |
Libya compared with similar countries
- Libya's 0.8429 BoP, current US$ per US$ of GDP is above the median for upper middle income countries, which is 0.194 BoP, current US$ per US$ of GDP, 4.3× the median. (57 countries reporting)
- Libya's 0.8429 BoP, current US$ per US$ of GDP is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.2133 BoP, current US$ per US$ of GDP, 4.0× the median. (22 countries reporting)
Biggest year-on-year movements
Years where Goods exports (BoP, current US$), per unit of GDP in Libya changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +361.5% | 0.1987 BoP, current US$ per US$ of GDP | 0.9171 BoP, current US$ per US$ of GDP |
| 2017 | +107.3% | 0.1355 BoP, current US$ per US$ of GDP | 0.2809 BoP, current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.4782 BoP, current US$ per US$ of GDP | 0.4472 BoP, current US$ per US$ of GDP | 0.5233 BoP, current US$ per US$ of GDP | 3 |
| 1980s | 0.3399 BoP, current US$ per US$ of GDP | 0.2165 BoP, current US$ per US$ of GDP | 0.5352 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.2817 BoP, current US$ per US$ of GDP | 0.1954 BoP, current US$ per US$ of GDP | 0.3927 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.537 BoP, current US$ per US$ of GDP | 0.3117 BoP, current US$ per US$ of GDP | 0.7144 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.4099 BoP, current US$ per US$ of GDP | 0.1355 BoP, current US$ per US$ of GDP | 0.6594 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.7194 BoP, current US$ per US$ of GDP | 0.1987 BoP, current US$ per US$ of GDP | 0.9191 BoP, current US$ per US$ of GDP | 4 |
Countries ranked near Libya
- 3 Singapore 1.08 BoP, current US$ per US$ of GDP compare
- 4 Djibouti 0.9818 BoP, current US$ per US$ of GDP compare
- 5 Vietnam 0.8535 BoP, current US$ per US$ of GDP compare
- 7 Guyana 0.7808 BoP, current US$ per US$ of GDP compare
- 8 Slovakia 0.7547 BoP, current US$ per US$ of GDP compare
- 9 Equatorial Guinea 0.7542 BoP, current US$ per US$ of GDP 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)
- 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$), annual growth rate 12.66 % change on previous year (2025)
Frequently asked questions
- What is goods exports (bop, current us$), per unit of gdp in Libya?
- Goods exports (bop, current us$), per unit of gdp in Libya was 0.8429 BoP, current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest goods exports (bop, current us$), per unit of gdp recorded in Libya?
- The highest recorded value was 0.9191 BoP, current US$ per US$ of GDP in 2022.
- What is the lowest goods exports (bop, current us$), per unit of gdp recorded in Libya?
- The lowest recorded value was 0.1355 BoP, current US$ per US$ of GDP in 2016.
- How does Libya rank for goods exports (bop, current us$), per unit of gdp?
- Libya ranks 6th out of 199 countries with data for 2023.
- Is goods exports (bop, current us$), per unit of gdp rising or falling in Libya?
- Over the last ten years it is up 38.0%. The long-run trend across the full record is rising.
- Where does this Libya data come from?
- The figures come from Statizoid (derived), published as part of Goods exports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Goods exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Goods exports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Goods exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Goods exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.