Libya: Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
In , Libya's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 48.43.
That's up 16.1% from 2022, the highest value on record.
The global average for this indicator in 2023 was 22.36 . Libya ranks #14 globally out of 204 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #6 of 23.
Source: World Bank Open Data (TM.VAL.MRCH.OR.ZS) • Data as of 2023
Trend (2004–2023)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
- 2010 · Arab Spring begins
Highlights
- Peak
- 48.43
- Trough
- 26.78
- 1-year change
- +16.1%
- 5-year change
- +67.3%
- +10.8% / yr
- 10-year change
- +23.4%
- +2.1% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) |
|---|---|
| 48.4336 | |
| 41.7247 | |
| 42.8051 | |
| 40.1660 | |
| 36.9160 | |
| 28.9500 | |
| 28.7626 | |
| 27.9898 | |
| 33.5390 | |
| 37.5187 |
About Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in other World Bank regions 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.OR.ZS • Category: Trade & Finance
Frequently asked questions
- What was Libya's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023?
- In 2023, Libya's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 48.43, according to World Bank Open Data.
- Is Libya's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rising or falling?
- Libya's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rose 16.1% from 2022 to 2023.
- How does Libya rank globally on Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)?
- In 2023, Libya ranked #14 out of 204 countries reporting Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports).
- How does Libya's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) compare to the world average?
- The global average for Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023 was 22.36, so Libya is above the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #6 of 23.
- What is Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) and how is it measured?
- Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in other World Bank regions 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 Open Data (TM.VAL.MRCH.OR.ZS), CC BY 4.0.