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Libya - Trade Openness 1994

Trade as % of GDP · World Bank
53.15% −6.64% from 1993 Global rank: 59th

Libya's trade openness was 53.15% in 1994, decreased +6.64% from 59.79% in 1993. This was the 59th highest globally.

Global Ranking - 1994▾
Trade Openness by Country - 1994
RankCountryValueYoY
1st Iraq 0.10% -81.7%
2nd Sudan 14.61% 27.4%
3rd Japan 15.81% 0.6%
4th Argentina 18.13% 11.8%
5th Brazil 18.67% -4.7%
6th India 20.08% 2.2%
7th United States 21.06% 5.0%
8th Bangladesh 22.87% -1.1%
9th French Polynesia 27.19% 4.8%
10th Cuba 27.78% -3.9%
11th Uganda 27.84% -1.4%
12th Peru 28.92% 0.5%
13th Mexico 29.16% 11.4%
14th Haiti 31.13% -36.1%
15th Guinea 33.34% -11.0%
16th Niger 33.64% 28.9%
17th Pakistan 35.06% -8.9%
18th Greece 35.22% -2.3%
19th China 35.61% -0.8%
20th Comoros 35.76% 0.0%
21st Colombia 35.92% -0.7%
22nd Australia 36.41% 3.0%
23rd Cameroon 36.96% 41.3%
24th South Africa 37.11% 4.0%
25th Nicaragua 39.08% -42.8%
26th Burkina Faso 39.23% 32.4%
27th Uruguay 40.15% 3.8%
28th Italy 40.36% 7.1%
29th Germany 41.10% 3.4%
30th Iran, Islamic Republic of 41.61% -9.6%
31st Spain 41.70% 12.7%
32nd Türkiye 41.75% 26.4%
33rd New Caledonia 42.06% -3.0%
34th Guatemala 42.37% -3.2%
35th Congo, Democratic Republic of 42.52% -
36th Madagascar 43.56% 32.5%
37th France 43.75% 4.9%
38th Ecuador 43.78% 1.4%
39th Mali 44.06% 23.1%
40th Tanzania 44.24% -2.2%
41st Morocco 47.31% -4.7%
42nd Korea 47.74% 5.1%
43rd Central African Republic 48.42% 21.1%
44th Algeria 48.58% 8.2%
45th Bolivia, Plurinational State of 48.86% 2.9%
46th Gambia, The 49.92% -22.8%
47th Seychelles 50.07% -13.5%
48th Nepal 50.43% 6.9%
49th Egypt, Arab Republic of 50.63% -9.5%
50th Guinea-Bissau 50.76% 22.1%
51st Russian Federation 50.95% -25.8%
52nd Chad 50.99% 19.6%
53rd Romania 51.87% 1.7%
54th Indonesia 51.88% 2.7%
55th United Kingdom 51.89% 4.3%
56th Philippines 52.53% 4.1%
57th Chile 52.81% -0.2%
58th Albania 53.10% -34.0%
59th Libya 53.15% -11.1%
60th European Union 54.46% 5.1%
61st Senegal 54.74% 41.2%
62nd El Salvador 55.15% 3.0%
63rd Sierra Leone 55.16% 4.4%
64th Azerbaijan 55.35% -58.5%
65th Hungary 56.31% 5.4%
66th Portugal 57.18% 5.5%
67th Togo 57.56% 34.8%
68th Mozambique 58.74% 6.3%
69th New Zealand 58.81% 2.2%
70th Israel 59.79% -0.4%
71st Saudi Arabia 60.07% -11.4%
72nd Ghana 62.02% 9.4%
73rd Finland 62.50% 7.3%
74th Mauritania 62.69% 36.0%
75th Oman 62.69% -3.7%
76th Brunei Darussalam 62.87% -10.8%
77th Tonga 62.96% -6.6%
78th Iceland 63.29% 6.4%
79th Sweden 63.95% 9.8%
80th Canada 64.39% 10.5%
81st Benin 64.40% 16.3%
82nd Cambodia 64.47% 32.3%
83rd Lao PDR 64.81% 23.1%
84th Austria 66.25% 4.3%
85th Zambia 66.65% -
86th Norway 67.63% 0.6%
87th Denmark 67.84% 3.4%
88th Yemen, Republic of 68.96% 18.6%
89th Côte d'Ivoire 69.84% 26.2%
90th Lebanon 70.27% -8.0%
91st Rwanda 71.10% 176.9%
92nd Zimbabwe 71.12% 12.6%
93rd Kenya 71.27% -2.2%
94th Cabo Verde 71.56% 18.7%
95th Bhutan 72.10% -8.5%
96th Kyrgyz Republic 73.83% -1.2%
97th Ukraine 73.94% 42.0%
98th Czechia 74.80% -4.3%
99th Faroe Islands 75.76% 4.2%
100th Switzerland 76.16% -2.0%
101st Dominican Republic 77.16% -1.1%
102nd Viet Nam 77.47% 17.0%
103rd Costa Rica 78.00% -1.7%
104th Syrian Arab Republic 78.45% 14.1%
105th Qatar 78.65% -
106th Sri Lanka 79.43% 3.0%
107th Belize 80.88% 6.8%
108th Thailand 81.25% 4.5%
109th North Macedonia 82.34% -14.6%
110th Kiribati 82.95% -15.5%
111th Kazakhstan 84.18% -0.5%
112th Tajikistan 86.37% 23.0%
113th West Bank and Gaza 86.46% -
114th Botswana 88.18% 2.3%
115th Namibia 89.49% -6.9%
116th Bulgaria 90.72% 7.9%
117th Tunisia 92.80% 5.0%
118th Vanuatu 92.87% -2.2%
119th Kuwait 93.18% 1.2%
120th Papua New Guinea 93.30% 4.1%
121st Cyprus 95.78% 0.4%
122nd Puerto Rico (US) 96.77% -1.2%
123rd Slovenia 97.12% 1.1%
124th Mongolia 99.16% -23.6%
125th Gabon 99.93% 19.9%
126th Bosnia and Herzegovina 101.85% -
127th Netherlands 103.05% 4.1%
128th Bahamas, The 104.40% 1.0%
129th Slovak Republic 107.06% -3.4%
130th Eritrea 110.88% 8.6%
131st Armenia 112.43% 4.1%
132nd Belgium 113.23% 3.9%
133rd Honduras 114.44% 16.5%
134th Jordan 118.34% -9.3%
135th Mauritius 120.56% -0.3%
136th Paraguay 123.08% 8.3%
137th Ireland 126.49% 8.5%
138th Macao SAR, China 130.41% -3.1%
139th Congo, Republic of 132.74% 78.9%
140th Bahrain 136.47% -5.7%
141st Solomon Islands 136.81% -15.3%
142nd Panama 143.61% 2.8%
143rd Estonia 148.14% 12.1%
144th Belarus 155.38% 2.9%
145th Georgia 166.90% 40.7%
146th Turkmenistan 170.26% 16.6%
147th Malaysia 179.90% 13.9%
148th Malta 181.70% 1.6%
149th Luxembourg 185.79% 2.4%
150th Guyana 222.07% -9.5%
151st Hong Kong SAR, China 237.43% 1.5%
152nd Singapore 316.22% 0.9%
Source: World Bank (NE.TRD.GNFS.ZS)

FAQ

What was Libya's trade openness in 1994?▾

Libya's trade openness in 1994 was 53.15%. This ranked 59th globally.

How did Libya's trade openness change in 1994?▾

Libya's trade openness decreased by 11.1% in 1994 compared to 1993.

Which country had the highest trade openness in 1994?▾

Singapore had the highest trade openness in 1994 at 316.22%.

What is the trade openness of Libya in 1994?▾

The trade openness of Libya in 1994 was 53.15%. This ranked 59th globally.

How does 1994 compare to 1993 for Libya's trade openness?▾

Libya's trade openness went from 59.79% in 1993 to 53.15% in 1994, a 11.1% decrease.

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1993 1995 All years Full ranking 1994 Exports Imports Trade Balance Current Account Balance FDI Inflows Peak: 2025 Lowest: 1999 Trade Openness 1990s Trade Openness 2000s Trade Openness 2010s Trade Openness 2020s Highest ever Lowest ever Average vs Suriname vs Fiji vs Paraguay vs Botswana Organisation of Islamic Cooperation Trade Openness OPEC Trade Openness African Union Trade Openness Global Ranking