Libya - External balance on goods and services

External balance on goods and services (current US$)

The latest value for External balance on goods and services (current US$) in Libya was $37,191,290,000.00 as of 2008. Over the past 18 years, the value for this indicator has fluctuated between $37,191,290,000.00 in 2008 and ($1,012,583,000.00) in 1993.

Definition: 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.

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

See also:

Year Value
1990 $2,472,720,000.00
1991 $981,048,700.00
1992 $1,735,020,000.00
1993 ($1,012,583,000.00)
1994 $262,653,300.00
1995 $1,726,674,000.00
1996 $1,327,839,000.00
1997 $1,516,710,000.00
1998 ($412,772,400.00)
1999 $2,028,844,000.00
2000 $6,825,592,000.00
2001 $3,379,830,000.00
2002 $2,186,614,000.00
2003 $6,188,113,000.00
2004 $10,394,640,000.00
2005 $16,777,970,000.00
2006 $25,891,610,000.00
2007 $27,435,460,000.00
2008 $37,191,290,000.00

External balance on goods and services (current LCU)

The value for External balance on goods and services (current LCU) in Libya was 45,507,260,000.00 as of 2008. As the graph below shows, over the past 18 years this indicator reached a maximum value of 45,507,260,000.00 in 2008 and a minimum value of -308,200,000.00 in 1993.

Definition: 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 local currency.

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

Year Value
1990 700,200,000.00
1991 275,400,000.00
1992 488,500,000.00
1993 -308,200,000.00
1994 91,500,000.00
1995 722,000,000.00
1996 580,000,000.00
1997 699,000,000.00
1998 -193,000,000.00
1999 941,000,000.00
2000 3,496,000,000.00
2001 2,045,000,000.00
2002 2,777,000,000.00
2003 7,920,784,000.00
2004 13,513,030,000.00
2005 22,650,260,000.00
2006 33,141,260,000.00
2007 33,471,260,000.00
2008 45,507,260,000.00

External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Libya was 39.92 as of 2008. Its highest value over the past 18 years was 45.84 in 2006, while its lowest value was -3.30 in 1993.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).

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

See also:

Year Value
1990 8.55
1991 3.07
1992 5.12
1993 -3.30
1994 0.92
1995 6.76
1996 4.76
1997 4.94
1998 -1.51
1999 6.66
2000 20.14
2001 11.89
2002 11.02
2003 25.72
2004 31.14
2005 38.13
2006 45.84
2007 38.21
2008 39.92

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts