Libya Trade Balance 1990-2023
External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.
- Libya trade balance for 2019 was $5.17B, a 56.38% decline from 2018.
- Libya trade balance for 2018 was $11.84B, a 157.65% increase from 2017.
- Libya trade balance for 2017 was $4.60B, a 177.05% decline from 2016.
- Libya trade balance for 2016 was $-5.97B, a 1.63% decline from 2015.
| Libya Trade Balance - Historical Data |
| Year |
Billions of US $ |
% of GDP |
| 2019 |
$5.17B |
7.46% |
| 2018 |
$11.84B |
15.45% |
| 2017 |
$4.60B |
6.85% |
| 2016 |
$-5.97B |
-11.95% |
| 2015 |
$-6.07B |
-12.45% |
| 2014 |
$-6.91B |
-12.05% |
| 2013 |
$10.13B |
13.44% |
| 2012 |
$32.86B |
35.51% |
| 2011 |
$6.40B |
13.29% |
| 2010 |
$25.98B |
34.47% |
| 2009 |
$11.46B |
18.85% |
| 2008 |
$39.01B |
44.99% |
| 2007 |
$30.02B |
44.13% |
| 2006 |
$27.61B |
45.94% |
| 2005 |
$17.31B |
36.57% |
| 2004 |
$10.39B |
31.38% |
| 2003 |
$6.31B |
24.02% |
| 2002 |
$2.19B |
10.68% |
| 2001 |
$3.38B |
9.91% |
| 2000 |
$6.83B |
17.83% |
| 1999 |
$2.03B |
5.64% |
| 1998 |
$-0.41B |
-1.51% |
| 1997 |
$1.52B |
4.94% |
| 1996 |
$1.33B |
4.76% |
| 1995 |
$1.73B |
6.76% |
| 1994 |
$0.26B |
0.92% |
| 1993 |
$-1.01B |
-3.30% |
| 1992 |
$1.74B |
5.12% |
| 1991 |
$0.98B |
3.07% |
| 1990 |
$2.47B |
8.55% |
