Value of imported goods as a share of GDP in Libya
Libya: Value of imported goods as a share of GDP was 46.5% in 2014. ▼ Falling
Value of imported goods as a share of GDP in Libya, 1960–2014
Source: Fouquin and Hugot (2016) – processed by Our World in Data. Measured in %.
Analysis
Libya recorded 46.5% for value of imported goods as a share of gdp in 2014.
Compared with earlier readings it is up 13.9% on the previous year and up 88.2% over ten years.
Over the whole period, value of imported goods as a share of gdp in Libya peaked at 50.2% in 1960 and was at its lowest, 10.5%, in 2000.
That places Libya 73rd out of 193 countries with data for 2014, putting it in the middle of the range.
The long-run direction has been consistently falling across the 55 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 29.1% | 18.5% | 50.2% | 10 |
| 1970s | 24.2% | 15.0% | 32.4% | 10 |
| 1980s | 26.2% | 19.2% | 46.8% | 10 |
| 1990s | 17.6% | 11.8% | 20.5% | 10 |
| 2000s | 21.2% | 10.5% | 34.3% | 10 |
| 2010s | 33.8% | 24.3% | 46.5% | 5 |
Countries ranked near Libya
- 70 Bosnia and Herzegovina 48.3% compare
- 71 Barbados 48.2% compare
- 72 Mongolia 48.1% compare
- 74 Solomon Islands 45.6% compare
- 75 Cape Verde 45.1% compare
- 76 Lebanon 44.8% compare
More economy & growth data for Libya
- External balance on goods and services as a percent of GDP 5.8% (2025)
- Inflation of consumer prices 1.8% (2025)
- GDP per capita 8,634 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 2.8% (2017)
- Gross domestic product (GDP) 64.40 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 8,634 constant 2015 US$ (2025)
- DEC alternative conversion factor 5.31 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -22.55 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -4.25 billion current US$ (2025)
- Taxes less subsidies on products -4.24 billion current LCU (2025)
Frequently asked questions
- What is value of imported goods as a share of gdp in Libya?
- Value of imported goods as a share of gdp in Libya was 46.5% in 2014, according to Fouquin and Hugot (2016) – processed by Our World in Data.
- What is the highest value of imported goods as a share of gdp recorded in Libya?
- The highest recorded value was 50.2% in 1960.
- What is the lowest value of imported goods as a share of gdp recorded in Libya?
- The lowest recorded value was 10.5% in 2000.
- How does Libya rank for value of imported goods as a share of gdp?
- Libya ranks 73rd out of 193 countries with data for 2014.
- Is value of imported goods as a share of gdp rising or falling in Libya?
- Over the last ten years it is up 88.2%. The long-run trend across the full record is falling.
- Where does this Libya data come from?
- The figures come from Fouquin and Hugot (2016) – processed by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Estimates correspond to merchandise import-to-GDP ratios for countries and regions. All ratios are taken at current prices. See source for more details.