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Libya - Trade Openness 1992

Trade as % of GDP · World Bank
56.06% −8.54% from 1991 Global rank: 67th

Libya's trade openness was 56.06% in 1992, decreased +8.54% from 64.60% in 1991. This was the 67th highest globally.

Global Ranking - 1992▾
Trade Openness by Country - 1992
RankCountryValueYoY
1st Iraq 1.92% -49.3%
2nd Argentina 14.73% 7.1%
3rd Japan 17.02% -4.2%
4th India 18.43% 8.5%
5th Brazil 19.25% 16.0%
6th Sudan 19.67% 30.5%
7th Bangladesh 19.93% 5.5%
8th United States 19.95% 0.8%
9th Rwanda 23.83% -6.1%
10th French Polynesia 25.43% -9.5%
11th Peru 27.98% 4.9%
12th Burkina Faso 28.37% -16.0%
13th Niger 28.71% -5.4%
14th China 30.03% 16.1%
15th Türkiye 31.74% 4.1%
16th Haiti 32.54% -18.3%
17th Australia 33.00% 2.7%
18th Uganda 33.05% 12.4%
19th Madagascar 33.16% -7.3%
20th Colombia 33.61% 0.2%
21st South Africa 34.32% -1.6%
22nd Italy 34.83% 3.1%
23rd Guinea 34.94% -16.4%
24th Cuba 35.15% -31.1%
25th Mexico 35.55% -0.7%
26th Tanzania 35.67% 18.0%
27th Comoros 35.76% 0.0%
28th Chad 35.90% -1.2%
29th Spain 36.02% 1.4%
30th Pakistan 37.69% 6.4%
31st Greece 37.79% 0.7%
32nd Mali 37.97% 5.0%
33rd Cameroon 38.86% 12.2%
34th Uruguay 40.07% 3.9%
35th Iran, Islamic Republic of 40.40% -8.6%
36th Senegal 41.46% -1.7%
37th Nepal 41.70% 20.2%
38th Mauritania 42.33% -24.2%
39th Central African Republic 43.23% -1.1%
40th France 43.96% -2.2%
41st Lao PDR 44.13% 15.6%
42nd Germany 44.68% -6.2%
43rd Ecuador 44.81% -0.9%
44th Philippines 44.99% 1.7%
45th Guatemala 45.36% 14.8%
46th New Caledonia 45.39% -8.3%
47th Ukraine 45.97% -8.3%
48th Ghana 45.99% 8.2%
49th Yemen, Republic of 46.15% -3.7%
50th United Kingdom 46.31% 2.2%
51st Korea 47.21% -2.2%
52nd El Salvador 48.68% 1.9%
53rd Bolivia, Plurinational State of 49.11% 1.4%
54th Algeria 49.19% -6.7%
55th Togo 49.66% -16.5%
56th Finland 50.24% 15.5%
57th Morocco 50.26% 1.0%
58th Sweden 50.85% -0.6%
59th Seychelles 52.40% -6.5%
60th Canada 52.74% 7.1%
61st Kenya 52.93% -4.8%
62nd European Union 53.40% -0.8%
63rd Israel 54.91% -1.5%
64th Guinea-Bissau 55.01% 15.2%
65th Hungary 55.29% -5.0%
66th Chile 55.54% -3.4%
67th Libya 56.06% -13.2%
68th Portugal 56.31% -6.7%
69th Eritrea 56.38% -
70th Benin 56.74% 10.5%
71st Congo, Republic of 57.14% -18.0%
72nd Indonesia 57.43% 4.7%
73rd Iceland 57.86% -5.0%
74th New Zealand 59.23% 8.4%
75th Egypt, Arab Republic of 59.31% -5.6%
76th Mozambique 59.34% 19.9%
77th Côte d'Ivoire 60.03% 5.3%
78th Zimbabwe 63.71% 24.8%
79th Syrian Arab Republic 63.89% 13.1%
80th Romania 63.99% 63.5%
81st Sierra Leone 64.49% 7.1%
82nd Oman 64.73% 3.2%
83rd Mongolia 65.30% -52.2%
84th Norway 66.71% -4.1%
85th Denmark 66.98% -3.2%
86th Gambia, The 67.44% 5.2%
87th Austria 67.90% -3.5%
88th Brunei Darussalam 69.94% 11.1%
89th Nicaragua 70.52% -5.1%
90th Tonga 72.63% -13.0%
91st Sri Lanka 72.80% 7.7%
92nd Viet Nam 73.58% 9.9%
93rd Saudi Arabia 75.09% 0.5%
94th Costa Rica 76.10% 6.5%
95th Thailand 77.95% -0.7%
96th Czechia 77.96% 10.2%
97th Switzerland 78.88% 0.8%
98th Gabon 79.87% -0.8%
99th Belize 80.35% 1.5%
100th Dominican Republic 80.46% -3.2%
101st Lebanon 82.84% -10.4%
102nd Kyrgyz Republic 83.19% 15.5%
103rd Cabo Verde 83.94% 3.7%
104th Honduras 84.76% -5.4%
105th Faroe Islands 84.86% 3.9%
106th Tunisia 86.00% 0.4%
107th Paraguay 89.50% 0.4%
108th Botswana 89.75% -9.9%
109th Bhutan 91.76% 20.8%
110th Namibia 91.97% -2.0%
111th Papua New Guinea 93.55% -0.9%
112th Vanuatu 94.64% 0.4%
113th Kuwait 94.69% -33.6%
114th Slovenia 98.39% -24.4%
115th Bulgaria 100.05% 21.0%
116th Armenia 101.08% 0.2%
117th Bahamas, The 101.46% -4.4%
118th Georgia 101.94% 72.3%
119th Netherlands 102.08% -3.0%
120th North Macedonia 102.38% 120.8%
121st Puerto Rico (US) 105.22% -8.7%
122nd Turkmenistan 105.31% 59.3%
123rd Albania 108.79% 201.6%
124th Ireland 109.55% 2.9%
125th Cyprus 110.10% 5.7%
126th Russian Federation 110.58% 321.1%
127th Kiribati 111.77% -16.7%
128th Belgium 115.07% -3.0%
129th Belarus 117.39% 76.1%
130th Mauritius 120.23% -5.1%
131st Slovak Republic 131.44% 51.5%
132nd Jordan 131.64% -4.1%
133rd Azerbaijan 140.80% 62.1%
134th Panama 144.88% 3.3%
135th Macao SAR, China 147.12% -12.7%
136th Kazakhstan 149.34% -
137th Solomon Islands 149.79% -10.9%
138th Malaysia 150.61% -5.5%
139th Bahrain 159.29% 0.3%
140th Malta 170.47% 3.2%
141st Luxembourg 182.55% -3.2%
142nd Hong Kong SAR, China 240.13% 3.6%
143rd Guyana 274.97% 23.5%
144th Singapore 311.31% -3.9%
Source: World Bank (NE.TRD.GNFS.ZS)

FAQ

What was Libya's trade openness in 1992?▾

Libya's trade openness in 1992 was 56.06%. This ranked 67th globally.

How did Libya's trade openness change in 1992?▾

Libya's trade openness decreased by 13.2% in 1992 compared to 1991.

Which country had the highest trade openness in 1992?▾

Singapore had the highest trade openness in 1992 at 311.31%.

What is the trade openness of Libya in 1992?▾

The trade openness of Libya in 1992 was 56.06%. This ranked 67th globally.

How does 1992 compare to 1991 for Libya's trade openness?▾

Libya's trade openness went from 64.60% in 1991 to 56.06% in 1992, a 13.2% decrease.

HistorySaid - pattern alert

Libya matched the Stagflation Risk pattern in 1992. Historically: 307 occurrences, 117 successful (38%). Outcome 24 months later: 5.1%. View full analysis →

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