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Libya - Trade Balance 2003

External balance on goods and services · World Bank
$6.3B +$4.1B from 2002 Global rank: 140th

Libya's trade balance was $6.3B in 2003, increased +$4.1B from $2.2B in 2002. This was the 140th highest globally.

Global Ranking - 2003▾
Trade Balance by Country - 2003
RankCountryValueYoY
1st United States $-522.0B -18.7%
2nd United Kingdom $-43.9B -3.4%
3rd Spain $-20.0B -43.1%
4th Greece $-20.0B -43.2%
5th Mexico $-10.6B 12.9%
6th Portugal $-10.6B 3.8%
7th Australia $-9.8B -58,406.9%
8th Poland $-6.0B 15.6%
9th Romania $-4.5B -71.2%
10th Viet Nam $-4.3B -71.6%
11th India $-4.2B 16.1%
12th Lebanon $-4.1B -14.7%
13th Croatia $-3.6B -45.4%
14th Hungary $-3.5B -141.9%
15th Bosnia and Herzegovina $-3.3B -22.9%
16th Serbia $-3.3B -17.1%
17th Colombia $-3.2B 3.0%
18th Guatemala $-3.2B -13.2%
19th Bangladesh $-2.9B -27.1%
20th Philippines $-2.6B 20.2%
21st El Salvador $-2.2B -15.1%
22nd Iran, Islamic Republic of $-2.2B -356.7%
23rd Bulgaria $-2.2B -64.6%
24th Jordan $-2.1B -16.2%
25th Egypt, Arab Republic of $-2.1B 44.0%
26th West Bank and Gaza $-2.0B -14.0%
27th Israel $-2.0B 57.7%
28th Morocco $-1.7B -51.6%
29th Azerbaijan $-1.7B -277.1%
30th Mozambique $-1.6B 10.6%
31st Czechia $-1.5B -39.3%
32nd Latvia $-1.5B -52.3%
33rd Albania $-1.4B -22.7%
34th Senegal $-1.3B -29.4%
35th Ghana $-1.2B -60.9%
36th Honduras $-1.2B -17.5%
37th Sri Lanka $-1.1B -5.8%
38th Nicaragua $-1.1B -3.7%
39th Lithuania $-1.1B -34.3%
40th Guam $-1.0B -14.4%
41st New Caledonia $-1.0B -35.6%
42nd Haiti $-946.0M -23.2%
43rd Tunisia $-939.8M -7.7%
44th Chad $-935.7M 53.6%
45th Uganda $-912.6M -6.6%
46th Kenya $-888.1M -25.6%
47th Estonia $-834.6M -52.9%
48th Nepal $-813.3M -25.0%
49th North Macedonia $-779.4M -2.4%
50th Belarus $-682.6M -24.8%
51st Moldova $-662.2M -60.0%
52nd Georgia $-587.6M -31.4%
53rd Cambodia $-586.3M -31.7%
54th Burkina Faso $-565.4M -14.9%
55th Congo, Democratic Republic of $-539.0M -404.8%
56th Zambia $-536.5M -20.1%
57th Armenia $-535.7M -23.1%
58th Timor-Leste $-532.5M 31.2%
59th Eritrea $-531.9M -37.5%
60th Namibia $-448.0M -543.9%
61st Madagascar $-423.3M -20.7%
62nd Sudan $-413.3M 18.8%
63rd Sierra Leone $-391.6M 6.2%
64th Pakistan $-360.6M 38.9%
65th Mauritania $-350.1M -172.2%
66th Costa Rica $-342.7M -5.2%
67th Iceland $-337.7M -326.7%
68th Zimbabwe $-324.3M -62.7%
69th Mali $-319.2M -478.2%
70th Rwanda $-294.2M 1.9%
71st Cabo Verde $-293.1M -31.2%
72nd Montenegro $-279.7M 11.2%
73rd Lao PDR $-274.6M -60.2%
74th Togo $-266.9M -26.8%
75th Mongolia $-248.8M -4.4%
76th Cuba $-245.3M 56.4%
77th Niger $-232.0M -19.2%
78th Benin $-231.5M -27.9%
79th Faroe Islands $-221.0M -3,396.3%
80th Cameroon $-218.7M 29.8%
81st Slovak Republic $-208.3M 90.8%
82nd Malta $-198.4M -277.3%
83rd Greenland $-182.5M -
84th Yemen, Republic of $-177.2M -127.6%
85th Bhutan $-157.4M -15.1%
86th Tajikistan $-152.5M 4.4%
87th Aruba $-149.9M -86.2%
88th Micronesia, Federated States of $-141.0M -8.5%
89th Panama $-136.1M -190.2%
90th Kyrgyz Republic $-126.1M -109.0%
91st Comoros $-98.9M -28.0%
92nd Slovenia $-94.1M -140.4%
93rd Guinea-Bissau $-78.4M -0.2%
94th Marshall Islands $-74.2M -18.0%
95th Guyana $-72.9M 17.2%
96th Tonga $-69.7M -2.1%
97th Kiribati $-68.5M -4.7%
98th Belize $-68.4M 5.8%
99th Bolivia, Plurinational State of $-61.9M 87.1%
100th American Samoa $-61.0M -38.6%
101st Solomon Islands $-49.9M -588.0%
102nd Samoa $-46.9M 14.8%
103rd Tanzania $-39.9M -126.6%
104th Gambia, The $-32.5M -5.5%
105th Dominican Republic $-30.7M 98.4%
106th Vanuatu $-15.8M 15.1%
107th Central African Republic $2.8M 106.6%
108th Guinea $26.6M 136.2%
109th Seychelles $46.6M 276.0%
110th Bahamas, The $49.4M -73.2%
111th Türkiye $66.8M -98.9%
112th Mauritius $110.3M -32.9%
113th Turkmenistan $120.2M -62.1%
114th Iraq $120.8M -98.3%
115th Congo, Republic of $166.9M -80.1%
116th Cyprus $221.1M 65.5%
117th Peru $237.7M 162.0%
118th Northern Mariana Islands $344.0M -11.1%
119th Uruguay $374.1M 126.4%
120th Ecuador $410.6M 145.1%
121st Virgin Islands (US) $543.0M 42.5%
122nd Papua New Guinea $544.1M 522.9%
123rd Uzbekistan $609.7M 118.0%
124th Syrian Arab Republic $626.2M -61.5%
125th Botswana $887.8M 30.8%
126th Côte d'Ivoire $897.2M -27.1%
127th Angola $904.9M -38.0%
128th Paraguay $1.0B -9.3%
129th Ukraine $1.3B -30.4%
130th Gabon $1.5B 40.5%
131st New Zealand $1.6B -23.1%
132nd Kazakhstan $1.7B 13,435.5%
133rd Bahrain $1.8B 33.3%
134th Brunei Darussalam $2.0B 56.3%
135th Macao SAR, China $2.9B 14.5%
136th Chile $3.4B 137.4%
137th Oman $3.7B -14.0%
138th South Africa $4.2B -5.3%
139th Luxembourg $6.1B 18.0%
140th Libya $6.3B 188.5%
141st Italy $7.2B -25.6%
142nd Austria $7.2B -8.7%
143rd Qatar $7.8B 25.4%
144th Kuwait $8.4B 176.4%
145th Thailand $9.7B 13.9%
146th Algeria $10.0B 67.4%
147th Korea $10.7B 53.6%
148th Finland $11.3B -10.2%
149th United Arab Emirates $11.9B 82.1%
150th Brazil $12.4B 188.6%
151st Argentina $14.3B -2.4%
152nd Hong Kong SAR, China $14.7B 8.2%
153rd Denmark $14.8B 21.1%
154th Belgium $17.0B 18.2%
155th Indonesia $17.2B 39.9%
156th Sweden $17.9B 27.5%
157th Switzerland $18.5B 12.0%
158th Puerto Rico (US) $21.4B 17.8%
159th Malaysia $21.7B 24.7%
160th Ireland $24.9B 12.9%
161st Singapore $27.3B 60.1%
162nd Norway $29.9B 13.6%
163rd France $30.7B -11.6%
164th Canada $34.9B 3.9%
165th China $35.8B -4.2%
166th Netherlands $41.8B 17.8%
167th Saudi Arabia $47.2B 43.9%
168th Russian Federation $48.9B 31.4%
169th Japan $72.6B 37.3%
170th Germany $91.8B 7.8%
Source: World Bank (NE.RSB.GNFS.CD)

FAQ

What was Libya's trade balance in 2003?▾

Libya's trade balance in 2003 was $6.3B. This ranked 140th globally.

How did Libya's trade balance change in 2003?▾

Libya's trade balance increased by 188.5% in 2003 compared to 2002.

Which country had the highest trade balance in 2003?▾

Germany had the highest trade balance in 2003 at $91.8B.

What is the trade balance of Libya in 2003?▾

The trade balance of Libya in 2003 was $6.3B. This ranked 140th globally.

What was Libya's trade balance in billion in 2003?▾

Libya's trade balance in 2003 was approximately 6.31 billion ($6.3B).

How does 2003 compare to 2002 for Libya's trade balance?▾

Libya's trade balance went from $2.2B in 2002 to $6.3B in 2003, a 188.5% increase.

HistorySaid - pattern alert

Libya matched the Export Boom Cycle pattern in 2003. Historically: 768 occurrences, 546 successful (71%). View full analysis →

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