Libya - Trade in services (% of GDP)

Trade in services (% of GDP) in Libya was 14.36 as of 2019. Its highest value over the past 29 years was 18.47 in 2015, while its lowest value was 2.37 in 1995.

Definition: Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1990 5.20
1991 8.73
1992 3.85
1993 4.01
1994 2.64
1995 2.37
1996 2.86
1997 2.53
1998 2.84
1999 2.91
2000 2.79
2001 3.57
2002 9.50
2003 7.76
2004 7.10
2005 6.09
2006 5.55
2007 4.05
2008 5.22
2009 8.64
2010 8.74
2011 12.76
2012 8.73
2013 13.21
2014 18.32
2015 18.47
2016 11.33
2017 12.32
2018 9.88
2019 14.36

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments