Libya: Trade openness
* indicates monthly or quarterly data series
| Libya |
Trade openness: exports plus imports as percent of GDP |
|---|---|
| Latest value | 137.66 |
| Year | 2025 |
| Measure | percent |
| Data availability | 1990 - 2025 |
| Average | 81.30 |
| Min - Max | 34.80 - 164.28 |
| Source | The World Bank |
The latest value from 2025 is 137.66 percent, an increase from 137.51 percent in 2024. In comparison, the world average is 90.55 percent, based on data from 135 countries. Historically, the average for Libya from 1990 to 2025 is 81.3 percent. The minimum value, 34.8 percent, was reached in 1999 while the maximum of 164.28 percent was recorded in 2021.
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Definition: Exports plus imports as percent of GDP.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 119.30 | 2024 | percent |
| Trade openness | 137.66 | 2025 | percent |
| Financial openness | -1.248 | 2022 | index points |
| Exports, percent of GDP | 71.71 | 2025 | percent |
| Exports, billion dollars | 34.49 | 2025 | billion U.S. dollars |
| Growth of exports | 19.14 | 2025 | percent |
| Imports, percent of GDP | 65.95 | 2025 | percent |
| Imports, billion dollars | 31.72 | 2025 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 1.81 | 2023 | percent |
| Foreign Direct Investment, billion dollars | 0.79 | 2023 | billion U.S. dollars |
| Portfolio investment inflows, equities | 0.00 | 1994 | million dollars (current) |
| Current account, percent of GDP | 4.24 | 2023 | percent |
| Current account, in dollars | 1.86 | 2023 | billion U.S. dollars |
| Trade balance, percent of GDP | 5.77 | 2025 | percent |
| Trade balance, in dollars | 4.47 | 2023 | billion U.S. dollars |
| Reserves | 104.66 | 2025 | billion U.S. dollars |
| Remittances, percent of GDP | 0.03 | 2006 | percent |
| Remittances | 16.00 | 2006 | million U.S. dollars |
| Net errors and omissions | 711.10 | 2023 | million USD |