Libya - External balance on goods and services (current LCU)

The value for External balance on goods and services (current LCU) in Libya was -12,385,430,000 as of 2020. As the graph below shows, over the past 30 years this indicator reached a maximum value of 46,409,000,000 in 2008 and a minimum value of -23,488,900,000 in 2014.

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
1991 275,400,000
1992 488,500,000
1993 -308,200,000
1994 91,500,000
1995 722,000,000
1996 580,000,000
1997 699,000,000
1998 -193,000,000
1999 941,000,000
2000 3,496,000,000
2001 2,045,000,000
2002 2,777,000,000
2003 8,076,000,000
2004 13,513,030,000
2005 22,650,260,000
2006 32,676,800,000
2007 36,804,000,000
2008 46,409,000,000
2009 12,968,000,000
2010 22,267,000,000
2011 4,264,000,000
2012 36,027,000,000
2013 4,669,600,000
2014 -23,488,900,000
2015 -13,195,100,000
2016 -6,533,600,000
2017 5,361,100,000
2018 15,170,200,000
2019 4,720,300,000
2020 -12,385,430,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts