Goods, Debit/Expenditure in Libya
Libya: Goods, Debit/Expenditure was 23.23 billion in 2023. ▼ Falling
Goods, Debit/Expenditure in Libya, 2005–2023
Source: International Monetary Fund.
Analysis
The most recent figure for goods, debit/expenditure in Libya is 23.23 billion, measured in 2023.
Compared with earlier readings it is up 18.1% on the previous year and down 31.8% over ten years.
Over the whole period, goods, debit/expenditure in Libya peaked at 34.05 billion in 2013 and was at its lowest, 8.67 billion, in 2016.
That places Libya 77th out of 198 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Goods, Debit/Expenditure in Libya, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 11.17 billion | — |
| 2006 | 13.22 billion | +18.3% |
| 2007 | 17.70 billion | +33.9% |
| 2008 | 21.66 billion | +22.4% |
| 2009 | 22.00 billion | +1.6% |
| 2010 | 24.56 billion | +11.6% |
| 2011 | 11.20 billion | -54.4% |
| 2012 | 25.59 billion | +128.5% |
| 2013 | 34.05 billion | +33.1% |
| 2014 | 30.42 billion | -10.7% |
| 2015 | 16.43 billion | -46.0% |
| 2016 | 8.67 billion | -47.2% |
| 2017 | 10.56 billion | +21.8% |
| 2018 | 13.79 billion | +30.6% |
| 2019 | 17.73 billion | +28.6% |
| 2020 | 9.15 billion | -48.4% |
| 2021 | 16.96 billion | +85.4% |
| 2022 | 19.67 billion | +16.0% |
| 2023 | 23.23 billion | +18.1% |
Libya compared with similar countries
- Libya's 23.23 billion is above the median for upper middle income countries, which is 15.62 billion, 1.5× the median. (54 countries reporting)
- Libya's 23.23 billion is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 28.28 billion, 82% of the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.15 billion | 11.17 billion | 22.00 billion | 5 |
| 2010s | 19.30 billion | 8.67 billion | 34.05 billion | 10 |
| 2020s | 17.25 billion | 9.15 billion | 23.23 billion | 4 |
Countries ranked near Libya
More trade data for Libya
- Commodity Net Export Price Index, Individual Commodities Weighted by 66.39 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 86.13 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 85.76 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 63.22 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 99.57 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 82.34 (2025)
- Imports of low carbon technology products, Percent of GDP 0.7224 (2019)
- Imports of low carbon technology products, US dollar (World), per 71.96 units per person (2019)
- Imports of low carbon technology products, US dollar (World), per 0.0072 units per US$ of GDP (2019)
- Imports of low carbon technology products, US dollar (World), gaps 500.17 million (2019)
Frequently asked questions
- What is goods, debit/expenditure in Libya?
- Goods, debit/expenditure in Libya was 23.23 billion in 2023, according to International Monetary Fund.
- What is the highest goods, debit/expenditure recorded in Libya?
- The highest recorded value was 34.05 billion in 2013.
- What is the lowest goods, debit/expenditure recorded in Libya?
- The lowest recorded value was 8.67 billion in 2016.
- How does Libya rank for goods, debit/expenditure?
- Libya ranks 77th out of 198 countries with data for 2023.
- Is goods, debit/expenditure rising or falling in Libya?
- Over the last ten years it is down 31.8%. The long-run trend across the full record is falling.
- Where does this Libya data come from?
- The figures come from International Monetary Fund, published as part of Goods, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.