Libya - Merchandise imports from high-income economies (% of total merchandise imports)

Merchandise imports from high-income economies (% of total merchandise imports) in Libya was 53.46 as of 2020. Its highest value over the past 60 years was 90.48 in 1960, while its lowest value was 44.79 in 2009.

Definition: Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1960 90.48
1961 89.01
1962 90.13
1963 89.52
1964 89.87
1965 88.12
1966 86.01
1967 84.62
1968 85.24
1969 85.32
1970 80.52
1971 79.61
1972 80.80
1973 82.10
1974 80.89
1975 85.00
1976 88.63
1977 89.08
1978 87.34
1979 88.49
1980 90.34
1981 87.95
1982 84.56
1983 85.99
1984 82.52
1985 85.18
1986 86.17
1987 84.24
1988 83.75
1989 81.61
1990 78.45
1991 76.15
1992 74.20
1993 77.90
1994 77.39
1995 74.85
1996 77.56
1997 80.59
1998 82.73
1999 78.83
2000 84.55
2001 85.72
2002 85.30
2003 75.90
2004 57.75
2005 55.31
2006 53.94
2007 53.21
2008 47.76
2009 44.79
2010 56.68
2011 61.99
2012 60.14
2013 59.85
2014 58.59
2015 55.85
2016 59.28
2017 59.30
2018 59.13
2019 53.30
2020 53.46

Development Relevance: Low- and middle-income economies are an increasingly important part of the global trading system. Trade between high-income economies and low- and middle-income economies has grown faster than trade between high-income economies. This increased trade benefits both producers and consumers in developing and high-income economies.

Limitations and Exceptions: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many low- and middle-income economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among low- and middle-income economies may be understated.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Imports