Libya Trade to GDP Ratio 1990-2023

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
  • Libya trade to gdp ratio for 2019 was 78.21%, a 14.43% increase from 2018.
  • Libya trade to gdp ratio for 2018 was 63.78%, a 16.23% increase from 2017.
  • Libya trade to gdp ratio for 2017 was 47.55%, a 6.44% increase from 2016.
  • Libya trade to gdp ratio for 2016 was 41.11%, a 15.79% decline from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
Nauru 164.46%
American Samoa 156.57%
Marshall Islands 152.27%
Maldives 147.85%
North Macedonia 138.58%
Belarus 130.85%
Bulgaria 124.64%
Malaysia 123.03%
Serbia 111.95%
Thailand 109.67%
Montenegro 108.84%
Fiji 106.68%
Belize 100.93%
Mauritius 96.29%
Armenia 96.11%
Bosnia 95.83%
Equatorial Guinea 94.88%
Jamaica 90.11%
Tonga 87.17%
Azerbaijan 85.82%
Jordan 84.75%
Romania 84.50%
Samoa 83.33%
Botswana 83.24%
Namibia 82.90%
Libya 78.21%
Mexico 77.90%
Albania 76.28%
Gabon 73.43%
Paraguay 71.33%
Iraq 68.99%
Costa Rica 65.76%
Kazakhstan 64.86%
Turkey 62.69%
Lebanon 62.56%
South Africa 54.05%
Algeria 51.81%
Dominican Republic 51.01%
Iran 50.75%
Russia 49.23%
Peru 46.94%
Ecuador 46.08%
Guatemala 45.52%
Colombia 37.56%
China 35.89%
Brazil 28.89%
Cuba 22.82%
Libya Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2019 78.21% 14.43%
2018 63.78% 16.23%
2017 47.55% 6.44%
2016 41.11% -15.79%
2015 56.90% -19.62%
2014 76.52% -29.81%
2013 106.33% 8.11%
2012 98.22% 35.22%
2011 63.01% -35.07%
2010 98.08% -9.54%
2009 107.62% 4.38%
2008 103.24% 0.51%
2007 102.73% 4.99%
2006 97.74% 6.88%
2005 90.86% -5.27%
2004 96.13% 5.52%
2003 90.61% 11.75%
2002 78.86% 35.69%
2001 43.17% -2.11%
2000 45.28% 10.48%
1999 34.80% -5.45%
1998 40.25% -8.38%
1997 48.63% -3.91%
1996 52.55% 0.95%
1995 51.59% -1.56%
1994 53.15% -6.64%
1993 59.79% 3.73%
1992 56.06% -8.54%
1991 64.60% -6.20%
1990 70.80% -6.20%