Goods imports (BoP, current US$) in Libya
Libya: Goods imports (BoP, current US$) was 23.23 billion BoP, current US$ in 2023. ◆ Volatile
Goods imports in Libya, 1977–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for goods imports in Libya is 23.23 billion BoP, current US$, measured in 2023.
The figure is up 18.1% on the previous year and down 31.8% over ten years.
Over the whole period, goods imports in Libya peaked at 34.05 billion BoP, current US$ in 2013 and was at its lowest, 4.13 billion BoP, current US$, in 2000.
Libya ranks 79th of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Goods imports (BoP, current US$) in Libya, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 4.93 billion BoP, current US$ | — |
| 1978 | 5.76 billion BoP, current US$ | +16.9% |
| 1979 | 8.65 billion BoP, current US$ | +50.0% |
| 1980 | 10.37 billion BoP, current US$ | +19.9% |
| 1981 | 14.56 billion BoP, current US$ | +40.5% |
| 1982 | 10.98 billion BoP, current US$ | -24.6% |
| 1983 | 8.98 billion BoP, current US$ | -18.2% |
| 1984 | 8.46 billion BoP, current US$ | -5.7% |
| 1985 | 5.75 billion BoP, current US$ | -32.0% |
| 1986 | 4.43 billion BoP, current US$ | -23.0% |
| 1987 | 5.35 billion BoP, current US$ | +20.7% |
| 1988 | 5.76 billion BoP, current US$ | +7.8% |
| 1989 | 6.51 billion BoP, current US$ | +13.0% |
| 1990 | 7.57 billion BoP, current US$ | +16.4% |
| 1991 | 8.04 billion BoP, current US$ | +6.1% |
| 1992 | 7.54 billion BoP, current US$ | -6.1% |
| 1993 | 8.43 billion BoP, current US$ | +11.7% |
| 1994 | 6.76 billion BoP, current US$ | -19.8% |
| 1995 | 5.18 billion BoP, current US$ | -23.4% |
| 1996 | 5.84 billion BoP, current US$ | +12.8% |
| 1997 | 5.93 billion BoP, current US$ | +1.4% |
| 1998 | 4.93 billion BoP, current US$ | -16.8% |
| 1999 | 4.30 billion BoP, current US$ | -12.7% |
| 2000 | 4.13 billion BoP, current US$ | -4.0% |
| 2001 | 4.83 billion BoP, current US$ | +16.9% |
| 2002 | 7.41 billion BoP, current US$ | +53.5% |
| 2003 | 7.20 billion BoP, current US$ | -2.8% |
| 2004 | 8.77 billion BoP, current US$ | +21.8% |
| 2005 | 11.17 billion BoP, current US$ | +27.4% |
| 2006 | 13.22 billion BoP, current US$ | +18.3% |
| 2007 | 17.70 billion BoP, current US$ | +33.9% |
| 2008 | 21.66 billion BoP, current US$ | +22.4% |
| 2009 | 22.00 billion BoP, current US$ | +1.6% |
| 2010 | 24.56 billion BoP, current US$ | +11.6% |
| 2011 | 11.20 billion BoP, current US$ | -54.4% |
| 2012 | 25.59 billion BoP, current US$ | +128.5% |
| 2013 | 34.05 billion BoP, current US$ | +33.1% |
| 2014 | 30.42 billion BoP, current US$ | -10.7% |
| 2015 | 16.43 billion BoP, current US$ | -46.0% |
| 2016 | 8.67 billion BoP, current US$ | -47.2% |
| 2017 | 10.56 billion BoP, current US$ | +21.8% |
| 2018 | 13.79 billion BoP, current US$ | +30.6% |
| 2019 | 17.73 billion BoP, current US$ | +28.6% |
| 2020 | 9.15 billion BoP, current US$ | -48.4% |
| 2021 | 16.96 billion BoP, current US$ | +85.4% |
| 2022 | 19.67 billion BoP, current US$ | +16.0% |
| 2023 | 23.23 billion BoP, current US$ | +18.1% |
Libya compared with similar countries
- Libya's 23.23 billion BoP, current US$ is above the median for upper middle income countries, which is 16.45 billion BoP, current US$, 1.4× the median. (57 countries reporting)
- Libya's 23.23 billion BoP, current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 23.59 billion BoP, current US$, 98% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.45 billion BoP, current US$ | 4.93 billion BoP, current US$ | 8.65 billion BoP, current US$ | 3 |
| 1980s | 8.11 billion BoP, current US$ | 4.43 billion BoP, current US$ | 14.56 billion BoP, current US$ | 10 |
| 1990s | 6.45 billion BoP, current US$ | 4.30 billion BoP, current US$ | 8.43 billion BoP, current US$ | 10 |
| 2000s | 11.81 billion BoP, current US$ | 4.13 billion BoP, current US$ | 22.00 billion BoP, current US$ | 10 |
| 2010s | 19.30 billion BoP, current US$ | 8.67 billion BoP, current US$ | 34.05 billion BoP, current US$ | 10 |
| 2020s | 17.25 billion BoP, current US$ | 9.15 billion BoP, current US$ | 23.23 billion BoP, current US$ | 4 |
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 goods imports in Libya?
- Goods imports in Libya was 23.23 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 imports recorded in Libya?
- The highest recorded value was 34.05 billion BoP, current US$ in 2013.
- What is the lowest goods imports recorded in Libya?
- The lowest recorded value was 4.13 billion BoP, current US$ in 2000.
- How does Libya rank for goods imports?
- Libya ranks 79th out of 200 countries with data for 2023.
- Is goods imports rising or falling in Libya?
- Over the last ten years it is down 31.8%. 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 imports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of goods occur when there are changes in the economic ownership of goods from non-residents to residents of the compiling economy, 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.