Imports of goods and services (BoP, current US$), per unit of GDP in Libya
Libya: Imports of goods and services (BoP, current US$), per unit of GDP was 0.756 BoP, current US$ per US$ of GDP in 2023. ▲ Rising
Imports of goods and services (BoP, current US$), per unit of GDP in Libya, 1977–2023
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
In 2023, imports of goods and services (bop, current us$), per unit of gdp in Libya stood at 0.756 BoP, current US$ per US$ of GDP. That is the highest value across all 47 years on record.
The figure is up 17.3% on the previous year and up 34.0% over ten years.
Over the whole period, imports of goods and services (bop, current us$), per unit of gdp in Libya peaked at 0.756 BoP, current US$ per US$ of GDP in 2023 and was at its lowest, 0.1313 BoP, current US$ per US$ of GDP, in 2000.
Libya ranks 29th of 199 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 47 years of available data.
Imports of goods and services (BoP, current US$), per unit of GDP in Libya, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1977 | 0.2778 BoP, current US$ per US$ of GDP | — |
| 1978 | 0.3258 BoP, current US$ per US$ of GDP | +17.3% |
| 1979 | 0.3471 BoP, current US$ per US$ of GDP | +6.5% |
| 1980 | 0.3094 BoP, current US$ per US$ of GDP | -10.9% |
| 1981 | 0.4762 BoP, current US$ per US$ of GDP | +53.9% |
| 1982 | 0.3922 BoP, current US$ per US$ of GDP | -17.6% |
| 1983 | 0.3402 BoP, current US$ per US$ of GDP | -13.3% |
| 1984 | 0.3619 BoP, current US$ per US$ of GDP | +6.4% |
| 1985 | 0.2388 BoP, current US$ per US$ of GDP | -34.0% |
| 1986 | 0.2264 BoP, current US$ per US$ of GDP | -5.2% |
| 1987 | 0.2536 BoP, current US$ per US$ of GDP | +12.0% |
| 1988 | 0.3044 BoP, current US$ per US$ of GDP | +20.0% |
| 1989 | 0.3176 BoP, current US$ per US$ of GDP | +4.3% |
| 1990 | 0.31 BoP, current US$ per US$ of GDP | -2.4% |
| 1991 | 0.3355 BoP, current US$ per US$ of GDP | +8.2% |
| 1992 | 0.2582 BoP, current US$ per US$ of GDP | -23.0% |
| 1993 | 0.3133 BoP, current US$ per US$ of GDP | +21.3% |
| 1994 | 0.2614 BoP, current US$ per US$ of GDP | -16.6% |
| 1995 | 0.2253 BoP, current US$ per US$ of GDP | -13.8% |
| 1996 | 0.2373 BoP, current US$ per US$ of GDP | +5.3% |
| 1997 | 0.2174 BoP, current US$ per US$ of GDP | -8.4% |
| 1998 | 0.2079 BoP, current US$ per US$ of GDP | -4.4% |
| 1999 | 0.1471 BoP, current US$ per US$ of GDP | -29.3% |
| 2000 | 0.1313 BoP, current US$ per US$ of GDP | -10.7% |
| 2001 | 0.1718 BoP, current US$ per US$ of GDP | +30.8% |
| 2002 | 0.4371 BoP, current US$ per US$ of GDP | +154.5% |
| 2003 | 0.3349 BoP, current US$ per US$ of GDP | -23.4% |
| 2004 | 0.3225 BoP, current US$ per US$ of GDP | -3.7% |
| 2005 | 0.2857 BoP, current US$ per US$ of GDP | -11.4% |
| 2006 | 0.2626 BoP, current US$ per US$ of GDP | -8.1% |
| 2007 | 0.2988 BoP, current US$ per US$ of GDP | +13.8% |
| 2008 | 0.2999 BoP, current US$ per US$ of GDP | +0.4% |
| 2009 | 0.4451 BoP, current US$ per US$ of GDP | +48.4% |
| 2010 | 0.4071 BoP, current US$ per US$ of GDP | -8.5% |
| 2011 | 0.3236 BoP, current US$ per US$ of GDP | -20.5% |
| 2012 | 0.3521 BoP, current US$ per US$ of GDP | +8.8% |
| 2013 | 0.5643 BoP, current US$ per US$ of GDP | +60.3% |
| 2014 | 0.6602 BoP, current US$ per US$ of GDP | +17.0% |
| 2015 | 0.4328 BoP, current US$ per US$ of GDP | -34.4% |
| 2016 | 0.2314 BoP, current US$ per US$ of GDP | -46.5% |
| 2017 | 0.2251 BoP, current US$ per US$ of GDP | -2.7% |
| 2018 | 0.2458 BoP, current US$ per US$ of GDP | +9.2% |
| 2019 | 0.3663 BoP, current US$ per US$ of GDP | +49.0% |
| 2020 | 0.3059 BoP, current US$ per US$ of GDP | -16.5% |
| 2021 | 0.7214 BoP, current US$ per US$ of GDP | +135.8% |
| 2022 | 0.6445 BoP, current US$ per US$ of GDP | -10.7% |
| 2023 | 0.756 BoP, current US$ per US$ of GDP | +17.3% |
Libya compared with similar countries
- Libya's 0.756 BoP, current US$ per US$ of GDP is above the median for upper middle income countries, which is 0.5329 BoP, current US$ per US$ of GDP, 1.4× the median. (57 countries reporting)
- Libya's 0.756 BoP, current US$ per US$ of GDP is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.4003 BoP, current US$ per US$ of GDP, 1.9× the median. (22 countries reporting)
Biggest year-on-year movements
Years where Imports of goods and services (BoP, current US$), per unit of GDP in Libya changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | +154.5% | 0.1718 BoP, current US$ per US$ of GDP | 0.4371 BoP, current US$ per US$ of GDP |
| 2021 | +135.8% | 0.3059 BoP, current US$ per US$ of GDP | 0.7214 BoP, current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.3169 BoP, current US$ per US$ of GDP | 0.2778 BoP, current US$ per US$ of GDP | 0.3471 BoP, current US$ per US$ of GDP | 3 |
| 1980s | 0.3221 BoP, current US$ per US$ of GDP | 0.2264 BoP, current US$ per US$ of GDP | 0.4762 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.2513 BoP, current US$ per US$ of GDP | 0.1471 BoP, current US$ per US$ of GDP | 0.3355 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.299 BoP, current US$ per US$ of GDP | 0.1313 BoP, current US$ per US$ of GDP | 0.4451 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.3809 BoP, current US$ per US$ of GDP | 0.2251 BoP, current US$ per US$ of GDP | 0.6602 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.607 BoP, current US$ per US$ of GDP | 0.3059 BoP, current US$ per US$ of GDP | 0.756 BoP, current US$ per US$ of GDP | 4 |
Countries ranked near Libya
- 26 Kosovo 0.7703 BoP, current US$ per US$ of GDP compare
- 26 Kosovo (UNSCR 1244) 0.7703 BoP, current US$ per US$ of GDP compare
- 28 Maldives 0.7578 BoP, current US$ per US$ of GDP compare
- 30 Palau 0.7502 BoP, current US$ per US$ of GDP compare
- 31 Andorra 0.7389 BoP, current US$ per US$ of GDP compare
- 32 Slovenia 0.7369 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$), annual growth rate 12.66 % change on previous year (2025)
Frequently asked questions
- What is imports of goods and services (bop, current us$), per unit of gdp in Libya?
- Imports of goods and services (bop, current us$), per unit of gdp in Libya was 0.756 BoP, current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest imports of goods and services (bop, current us$), per unit of gdp recorded in Libya?
- The highest recorded value was 0.756 BoP, current US$ per US$ of GDP in 2023.
- What is the lowest imports of goods and services (bop, current us$), per unit of gdp recorded in Libya?
- The lowest recorded value was 0.1313 BoP, current US$ per US$ of GDP in 2000.
- How does Libya rank for imports of goods and services (bop, current us$), per unit of gdp?
- Libya ranks 29th out of 199 countries with data for 2023.
- Is imports of goods and services (bop, current us$), per unit of gdp rising or falling in Libya?
- Over the last ten years it is up 34.0%. 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 Imports of goods and services (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Imports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods and services (BoP, current US$) ÷ GDP (current US$)
Computed from
- Imports of goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Imports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.