Commercial service imports in Libya

Libya: Commercial service imports was 9.30 billion current US$ in 2023. ◆ Volatile

Latest (2023)
9.30 billion current US$
Change on year
up 21.1%
World rank
71st
of 198 countries
All-time high
9.30 billion current US$
in 2023
All-time low
510.11 million current US$
in 1995
Years of data
47
1977–2023

Commercial service imports in Libya, 1977–2023

02.0B4.0B6.0B8.0B10.0B197720002023

Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.

Analysis

Libya recorded 9.30 billion current US$ for commercial service imports in 2023. That is the highest value across all 47 years on record.

The figure is up 21.1% on the previous year and up 25.9% over ten years.

Over the whole period, commercial service imports in Libya peaked at 9.30 billion current US$ in 2023 and was at its lowest, 510.11 million current US$, in 1995.

Libya ranks 71st of 198 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.33 billion current US$ 1.09 billion current US$ 1.70 billion current US$ 3
1980s 1.55 billion current US$ 885.55 million current US$ 2.42 billion current US$ 10
1990s 888.59 million current US$ 510.11 million current US$ 2.19 billion current US$ 10
2000s 2.12 billion current US$ 815.00 million current US$ 4.32 billion current US$ 10
2010s 5.08 billion current US$ 2.38 billion current US$ 7.39 billion current US$ 10
2020s 6.95 billion current US$ 3.26 billion current US$ 9.30 billion current US$ 4

Countries ranked near Libya

  1. 68 Slovenia 10.66 billion current US$ compare
  2. 69 Azerbaijan 10.13 billion current US$ compare
  3. 70 Bulgaria 9.42 billion current US$ compare
  4. 72 Venezuela 9.07 billion current US$ compare
  5. 73 Costa Rica 8.61 billion current US$ compare
  6. 74 Croatia 8.37 billion current US$ compare

See the full ranking of 246 places →

More private sector data for Libya

All data for Libya →

Frequently asked questions

What is commercial service imports in Libya?
Commercial service imports in Libya was 9.30 billion current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest commercial service imports recorded in Libya?
The highest recorded value was 9.30 billion current US$ in 2023.
What is the lowest commercial service imports recorded in Libya?
The lowest recorded value was 510.11 million current US$ in 1995.
How does Libya rank for commercial service imports?
Libya ranks 71st out of 198 countries with data for 2023.
Is commercial service imports rising or falling in Libya?
Over the last ten years it is up 25.9%. The long-run trend across the full record is volatile.
Where does this Libya data come from?
The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Commercial service imports (current US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Commercial service imports (current US$)
Unit
current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
246 places, 9,738 data points, 1960–2025
Last refreshed

Commercial service imports are total service imports minus imports of government services not included elsewhere. Imports of services are services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.