Libya - Imports of goods and services

Imports of goods and services (BoP, current US$)

The latest value for Imports of goods and services (BoP, current US$) in Libya was $24,499,900,000 as of 2019. Over the past 42 years, the value for this indicator has fluctuated between $42,521,000,000 in 2013 and $5,024,000,000 in 2000.

Definition: Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, nonmonetary gold, and services. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1977 $6,230,345,000
1978 $7,211,933,000
1979 $10,600,200,000
1980 $12,670,800,000
1981 $17,320,620,000
1982 $13,240,870,000
1983 $11,293,590,000
1984 $10,666,000,000
1985 $7,528,719,000
1986 $5,474,391,000
1987 $6,771,401,000
1988 $7,398,706,000
1989 $7,989,609,000
1990 $8,960,115,000
1991 $10,733,870,000
1992 $8,750,384,000
1993 $9,604,750,000
1994 $7,478,007,000
1995 $5,755,182,000
1996 $6,617,220,000
1997 $6,675,474,000
1998 $5,665,194,000
1999 $5,290,735,000
2000 $5,024,000,000
2001 $5,859,000,000
2002 $8,952,001,000
2003 $8,797,000,000
2004 $10,682,000,000
2005 $13,523,000,000
2006 $15,783,000,000
2007 $20,325,500,000
2008 $26,002,500,000
2009 $27,065,000,000
2010 $30,686,400,000
2011 $15,586,400,000
2012 $32,585,900,000
2013 $42,521,000,000
2014 $37,874,800,000
2015 $21,086,900,000
2016 $11,550,000,000
2017 $15,114,600,000
2018 $18,848,800,000
2019 $24,499,900,000

Imports of goods and services (current US$)

The latest value for Imports of goods and services (current US$) in Libya was $16,098,090,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between $42,464,180,000 in 2013 and $5,245,796,000 in 1999.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1990 $8,994,703,000
1991 $9,843,249,000
1992 $8,629,261,000
1993 $9,671,484,000
1994 $7,471,584,000
1995 $5,725,903,000
1996 $6,662,088,000
1997 $6,706,444,000
1998 $5,690,761,000
1999 $5,245,796,000
2000 $5,251,855,000
2001 $5,673,442,000
2002 $6,982,677,000
2003 $8,745,312,000
2004 $10,722,810,000
2005 $12,848,400,000
2006 $15,554,050,000
2007 $19,934,260,000
2008 $25,254,990,000
2009 $26,990,030,000
2010 $31,477,740,000
2011 $15,542,390,000
2012 $32,541,810,000
2013 $42,464,180,000
2014 $37,803,290,000
2015 $20,680,930,000
2016 $11,546,610,000
2017 $15,073,400,000
2018 $18,846,010,000
2019 $24,504,330,000
2020 $16,098,090,000

Imports of goods and services (current LCU)

The value for Imports of goods and services (current LCU) in Libya was 22,506,750,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 54,001,700,000 in 2013 and a minimum value of 2,394,000,000 in 1995.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1990 2,547,300,000
1991 2,763,000,000
1992 2,430,000,000
1993 2,944,000,000
1994 2,603,100,000
1995 2,394,000,000
1996 2,910,000,000
1997 3,091,000,000
1998 2,661,000,000
1999 2,433,000,000
2000 2,690,000,000
2001 3,433,000,000
2002 8,868,000,000
2003 11,194,000,000
2004 13,939,650,000
2005 16,810,850,000
2006 20,431,800,000
2007 25,169,000,000
2008 30,902,000,000
2009 33,832,000,000
2010 39,876,000,000
2011 19,027,000,000
2012 41,058,000,000
2013 54,001,700,000
2014 48,100,900,000
2015 28,564,500,000
2016 16,054,400,000
2017 21,009,300,000
2018 25,724,800,000
2019 34,254,600,000
2020 22,506,750,000

Imports of goods and services (constant 2010 US$)

The latest value for Imports of goods and services (constant 2010 US$) in Libya was 19,888,070,000 as of 2020. Over the past 17 years, the value for this indicator has fluctuated between 36,309,160,000 in 2013 and 11,815,040,000 in 2011.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2003 13,492,200,000
2004 14,149,660,000
2005 15,765,480,000
2006 15,009,920,000
2007 19,845,180,000
2008 21,262,790,000
2009 27,131,970,000
2010 27,774,510,000
2011 11,815,040,000
2012 26,379,830,000
2013 36,309,160,000
2014 33,106,880,000
2015 20,680,930,000
2016 12,087,040,000
2017 15,396,800,000
2018 19,060,250,000
2019 19,327,090,000
2020 19,888,070,000

Imports of goods and services (annual % growth)

The value for Imports of goods and services (annual % growth) in Libya was 2.90 as of 2020. As the graph below shows, over the past 16 years this indicator reached a maximum value of 123.27 in 2012 and a minimum value of -57.46 in 2011.

Definition: Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2004 4.87
2005 11.42
2006 -4.79
2007 32.21
2008 7.14
2009 27.60
2010 2.37
2011 -57.46
2012 123.27
2013 37.64
2014 -8.82
2015 -37.53
2016 -41.55
2017 27.38
2018 23.79
2019 1.40
2020 2.90

Imports of goods and services (constant LCU)

The value for Imports of goods and services (constant LCU) in Libya was 16,500,420,000 as of 2020. As the graph below shows, over the past 17 years this indicator reached a maximum value of 30,124,430,000 in 2013 and a minimum value of 9,802,524,000 in 2011.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2003 11,194,000,000
2004 11,739,470,000
2005 13,080,060,000
2006 12,453,200,000
2007 16,464,850,000
2008 17,640,980,000
2009 22,510,440,000
2010 23,043,530,000
2011 9,802,524,000
2012 21,886,410,000
2013 30,124,430,000
2014 27,467,610,000
2015 17,158,230,000
2016 10,028,190,000
2017 12,774,180,000
2018 15,813,610,000
2019 16,035,000,000
2020 16,500,420,000

Imports of goods and services (% of GDP)

Imports of goods and services (% of GDP) in Libya was 63.33 as of 2020. Its highest value over the past 30 years was 91.88 in 2014, while its lowest value was 13.72 in 2000.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1990 31.12
1991 30.76
1992 25.47
1993 31.55
1994 26.12
1995 22.42
1996 23.89
1997 21.85
1998 20.88
1999 14.58
2000 13.72
2001 16.63
2002 34.09
2003 33.30
2004 32.37
2005 27.14
2006 28.30
2007 29.53
2008 28.98
2009 42.82
2010 42.10
2011 44.79
2012 39.75
2013 64.83
2014 91.88
2015 74.28
2016 44.08
2017 39.79
2018 35.82
2019 47.04
2020 63.33

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments