Trade of goods and services in Libya

Libya: Trade of goods and services was 88.37 billion current US$ in 2008. β—† Volatile

Latest (2008)
88.37 billion current US$
Change on year
up 27.0%
World rank
5th
of 53 countries
All-time high
88.37 billion current US$
in 2008
All-time low
10.97 billion current US$
in 1998
Years of data
19
1990–2008

Trade of goods and services in Libya, 1990–2008

20.0B40.0B60.0B80.0B1990199920081990: 20.5B current US$1991: 20.7B current US$1992: 19.0B current US$1993: 18.3B current US$1994: 15.2B current US$1995: 13.2B current US$1996: 14.7B current US$1997: 14.9B current US$1998: 11.0B current US$1999: 12.5B current US$2000: 17.3B current US$2001: 14.7B current US$2002: 16.2B current US$2003: 23.8B current US$2004: 31.8B current US$2005: 41.7B current US$2006: 54.7B current US$2007: 69.6B current US$2008: 88.4B current US$

Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current US$.

Analysis

Libya recorded 88.37 billion current US$ for trade of goods and services in 2008. That is the highest value across all 19 years on record.

Compared with earlier readings it is up 27.0% on the previous year and up 705.6% over ten years.

Over the whole period, trade of goods and services in Libya peaked at 88.37 billion current US$ in 2008 and was at its lowest, 10.97 billion current US$, in 1998.

Libya ranks 5th of 53 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 15.99 billion current US$ 10.97 billion current US$ 20.67 billion current US$ 10
2000s 39.80 billion current US$ 14.73 billion current US$ 88.37 billion current US$ 9

Countries ranked near Libya

  1. 2 Nigeria 183.57 billion current US$ compare
  2. 3 Egypt, Arab Republic of 122.75 billion current US$ compare
  3. 4 Angola 112.97 billion current US$ compare
  4. 6 Algeria 84.76 billion current US$ compare
  5. 7 Morocco 82.78 billion current US$ compare
  6. 8 Tunisia 48.62 billion current US$ compare

See the full ranking of 59 places β†’

More economy & growth data for Libya

All data for Libya β†’

Frequently asked questions

What is trade of goods and services in Libya?
Trade of goods and services in Libya was 88.37 billion current US$ in 2008, according to World Bank national accounts data, and OECD National Accounts data files.
What is the highest trade of goods and services recorded in Libya?
The highest recorded value was 88.37 billion current US$ in 2008.
What is the lowest trade of goods and services recorded in Libya?
The lowest recorded value was 10.97 billion current US$ in 1998.
How does Libya rank for trade of goods and services?
Libya ranks 5th out of 53 countries with data for 2008.
Is trade of goods and services rising or falling in Libya?
Over the last ten years it is up 705.6%. The long-run trend across the full record is volatile.
Where does this Libya data come from?
The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Trade of goods and services (current US$). Statizoid updates them automatically from the source API.

Download this data

CSV Β· JSON β€” 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

Trade of goods and services in Libya. Statizoid, drawing on World Bank national accounts data, and OECD National Accounts data files. Retrieved 19 August 2026, from https://economy.statizoid.com/stat/trade-of-goods-and-services-current-us/libya/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://economy.statizoid.com/stat/trade-of-goods-and-services-current-us/libya/">Trade of goods and services in Libya</a> β€” Statizoid

About this data

Indicator
Trade of goods and services (current US$)
Unit
current US$
Source
World Bank national accounts data, and OECD National Accounts data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
59 places, 2,602 data points, 1960–2011
Last refreshed

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.