Share of service in total exports in Libya
Libya: Share of service in total 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 198 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
Share of service in total exports in Libya, 1977–2023
Source: International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data. Measured in BoP, current US$.
Analysis
Libya recorded 37.11 billion BoP, current US$ for share of service in total exports in 2023.
Compared with earlier readings it is down 6.6% on the previous year and down 19.4% over ten years.
Over the whole period, share of service in total exports in Libya peaked at 61.95 billion BoP, current US$ in 2008 and was at its lowest, 5.33 billion BoP, current US$, in 1998.
Libya ranks 64th of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Share of service in total exports in Libya, year by year
| Year | BoP, current US$ | 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 13.03 billion BoP, current US$, 2.8× the median. (56 countries reporting)
- Libya's 37.11 billion BoP, current US$ 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0332 units per US$ of GDP (2025)
Frequently asked questions
- What is share of service in total exports in Libya?
- Share of service in total exports in Libya was 37.11 billion BoP, current US$ in 2023, according to International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data.
- What is the highest share of service in total exports recorded in Libya?
- The highest recorded value was 61.95 billion BoP, current US$ in 2008.
- What is the lowest share of service in total exports recorded in Libya?
- The lowest recorded value was 5.33 billion BoP, current US$ in 1998.
- How does Libya rank for share of service in total exports?
- Libya ranks 64th out of 198 countries with data for 2023.
- Is share of service in total 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 International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data, published as part of Share of service in total exports. Statizoid updates them automatically from the source API.
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About this data
Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. The share of services in total exports comes from comparing trade in goods and services at current US dollars.