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

In , Libya's Merchandise imports from high-income economies (% of total merchandise imports) was 51.53.

That's down 10.8% from 2022, the highest value since .

The global average for this indicator in 2023 was 58.25 . Libya ranks #132 globally out of 205 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #17 of 23.

Source: World Bank Open Data (TM.VAL.MRCH.HI.ZS) • Data as of 2023

Trend (2004–2023)

Libya Merchandise imports from high-income economies (% of total merchandise imports) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins 2010: Arab Spring begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins
  • 2010 · Arab Spring begins

Highlights

Peak
62.01
Trough
49.06
1-year change
-10.8%
5-year change
-16.2%
-3.5% / yr
10-year change
+1.7%
+0.2% / yr

Historical Data — Last 10 Years

Year Merchandise imports from high-income economies (% of total merchandise imports)
51.5301
57.7761
52.3388
49.6188
53.5834
61.4694
61.2158
60.7334
55.7926
52.2225

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

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.

Indicator code: TM.VAL.MRCH.HI.ZSCategory: Trade & Finance

Frequently asked questions

What was Libya's Merchandise imports from high-income economies (% of total merchandise imports) in 2023?
In 2023, Libya's Merchandise imports from high-income economies (% of total merchandise imports) was 51.53, according to World Bank Open Data.
Is Libya's Merchandise imports from high-income economies (% of total merchandise imports) rising or falling?
Libya's Merchandise imports from high-income economies (% of total merchandise imports) fell 10.8% from 2022 to 2023.
How does Libya rank globally on Merchandise imports from high-income economies (% of total merchandise imports)?
In 2023, Libya ranked #132 out of 205 countries reporting Merchandise imports from high-income economies (% of total merchandise imports).
How does Libya's Merchandise imports from high-income economies (% of total merchandise imports) compare to the world average?
The global average for Merchandise imports from high-income economies (% of total merchandise imports) in 2023 was 58.25, so Libya is below the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #17 of 23.
What is Merchandise imports from high-income economies (% of total merchandise imports) and how is it measured?
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.
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Source: World Bank Open Data (TM.VAL.MRCH.HI.ZS), CC BY 4.0.