Libya: Trade balance, in dollars

The latest value from 2023 is 4.47 billion U.S. dollars, a decline from 11.96 billion U.S. dollars in 2022. In comparison, the world average is 4.63 billion U.S. dollars, based on data from 168 countries. Historically, the average for Libya from 1977 to 2023 is 4.84 billion U.S. dollars. The minimum value, -18.5 billion U.S. dollars, was reached in 2014 while the maximum of 36.16 billion U.S. dollars was recorded in 2008. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

Definition: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.