Goods exports in Libya
Libya: Goods exports was 37.11 billion BoP, current US$ in 2023. ◆ Volatile
Latest (2023)
37.11 billion BoP, current US$
Change on year
down 6.6%
World rank
64th
of 200 countries
All-time high
61.95 billion BoP, current US$
in 2008
All-time low
5.33 billion BoP, current US$
in 1998
Years of data
47
1977–2023
Goods exports in Libya, 1977–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2023, goods exports in Libya stood at 37.11 billion BoP, current US$.
The figure is down 6.6% on the previous year and down 19.4% over ten years.
Over the whole period, goods exports in Libya peaked at 61.95 billion BoP, current US$ in 2008 and was at its lowest, 5.33 billion BoP, current US$, in 1998.
Libya ranks 64th of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Goods exports in Libya, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 10.41 billion BoP, current US$ | — |
| 1978 | 9.90 billion BoP, current US$ | -4.9% |
| 1979 | 15.98 billion BoP, current US$ | +61.4% |
| 1980 | 21.92 billion BoP, current US$ | +37.2% |
| 1981 | 14.73 billion BoP, current US$ | -32.8% |
| 1982 | 13.70 billion BoP, current US$ | -7.0% |
| 1983 | 12.35 billion BoP, current US$ | -9.9% |
| 1984 | 11.03 billion BoP, current US$ | -10.7% |
| 1985 | 10.35 billion BoP, current US$ | -6.1% |
| 1986 | 5.81 billion BoP, current US$ | -43.9% |
| 1987 | 5.78 billion BoP, current US$ | -0.5% |
| 1988 | 5.65 billion BoP, current US$ | -2.2% |
| 1989 | 7.27 billion BoP, current US$ | +28.7% |
| 1990 | 11.35 billion BoP, current US$ | +56.1% |
| 1991 | 10.70 billion BoP, current US$ | -5.7% |
| 1992 | 10.19 billion BoP, current US$ | -4.8% |
| 1993 | 8.54 billion BoP, current US$ | -16.2% |
| 1994 | 7.70 billion BoP, current US$ | -9.8% |
| 1995 | 7.48 billion BoP, current US$ | -2.9% |
| 1996 | 7.93 billion BoP, current US$ | +6.0% |
| 1997 | 8.18 billion BoP, current US$ | +3.1% |
| 1998 | 5.33 billion BoP, current US$ | -34.9% |
| 1999 | 7.28 billion BoP, current US$ | +36.6% |
| 2000 | 12.04 billion BoP, current US$ | +65.5% |
| 2001 | 10.63 billion BoP, current US$ | -11.7% |
| 2002 | 9.85 billion BoP, current US$ | -7.4% |
| 2003 | 12.88 billion BoP, current US$ | +30.7% |
| 2004 | 17.43 billion BoP, current US$ | +35.3% |
| 2005 | 28.85 billion BoP, current US$ | +65.6% |
| 2006 | 37.47 billion BoP, current US$ | +29.9% |
| 2007 | 46.93 billion BoP, current US$ | +25.2% |
| 2008 | 61.95 billion BoP, current US$ | +32.0% |
| 2009 | 37.05 billion BoP, current US$ | -40.2% |
| 2010 | 48.94 billion BoP, current US$ | +32.1% |
| 2011 | 19.06 billion BoP, current US$ | -61.1% |
| 2012 | 61.03 billion BoP, current US$ | +220.2% |
| 2013 | 46.02 billion BoP, current US$ | -24.6% |
| 2014 | 19.30 billion BoP, current US$ | -58.1% |
| 2015 | 10.86 billion BoP, current US$ | -43.7% |
| 2016 | 6.76 billion BoP, current US$ | -37.7% |
| 2017 | 18.86 billion BoP, current US$ | +178.9% |
| 2018 | 29.83 billion BoP, current US$ | +58.1% |
| 2019 | 29.06 billion BoP, current US$ | -2.6% |
| 2020 | 9.31 billion BoP, current US$ | -68.0% |
| 2021 | 32.30 billion BoP, current US$ | +246.9% |
| 2022 | 39.75 billion BoP, current US$ | +23.1% |
| 2023 | 37.11 billion BoP, current US$ | -6.6% |
Libya compared with similar countries
- Libya's 37.11 billion BoP, current US$ is above the median for upper middle income countries, which is 12.77 billion BoP, current US$, 2.9× the median. (57 countries reporting)
- Libya's 37.11 billion BoP, current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 29.94 billion BoP, current US$, 1.2× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.10 billion BoP, current US$ | 9.90 billion BoP, current US$ | 15.98 billion BoP, current US$ | 3 |
| 1980s | 10.86 billion BoP, current US$ | 5.65 billion BoP, current US$ | 21.92 billion BoP, current US$ | 10 |
| 1990s | 8.47 billion BoP, current US$ | 5.33 billion BoP, current US$ | 11.35 billion BoP, current US$ | 10 |
| 2000s | 27.51 billion BoP, current US$ | 9.85 billion BoP, current US$ | 61.95 billion BoP, current US$ | 10 |
| 2010s | 28.97 billion BoP, current US$ | 6.76 billion BoP, current US$ | 61.03 billion BoP, current US$ | 10 |
| 2020s | 29.62 billion BoP, current US$ | 9.31 billion BoP, current US$ | 39.75 billion BoP, current US$ | 4 |
Countries ranked near Libya
- 61 Belarus 40.00 billion BoP, current US$ compare
- 62 Ukraine 39.33 billion BoP, current US$ compare
- 63 Ecuador 37.42 billion BoP, current US$ compare
- 65 Serbia 36.67 billion BoP, current US$ compare
- 66 Democratic Republic of Congo 35.87 billion BoP, current US$ compare
- 67 Luxembourg 32.97 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)
- 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$), annual growth rate 12.66 % change on previous year (2025)
Frequently asked questions
- What is goods exports in Libya?
- Goods exports in Libya was 37.11 billion BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods exports recorded in Libya?
- The highest recorded value was 61.95 billion BoP, current US$ in 2008.
- What is the lowest goods exports recorded in Libya?
- The lowest recorded value was 5.33 billion BoP, current US$ in 1998.
- How does Libya rank for goods exports?
- Libya ranks 64th out of 200 countries with data for 2023.
- Is goods exports rising or falling in Libya?
- Over the last ten years it is down 19.4%. 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 Goods exports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of goods occur when there are 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. 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.