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Libya - Trade Openness 2015

Name: Libya Trade Openness 2015
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Trade as % of GDP · World Bank

56.90% −19.62% from 2014 Global rank: 53rd

Libya's trade openness was 56.90% in 2015, decreased +19.62% from 76.52% in 2014. This was the 53rd highest globally.

Global Ranking - 2015▾

Trade Openness by Country - 2015
Rank	Country	Value	YoY
1st	Sudan	18.38%	-11.8%
2nd	Argentina	22.49%	-20.8%
3rd	Pakistan	26.69%	-9.4%
4th	Brazil	26.95%	9.2%
5th	United States	27.82%	-7.3%
6th	Yemen, Republic of	30.37%	-37.1%
7th	Uzbekistan	30.76%	-15.4%
8th	Cuba	31.61%	-19.5%
9th	Egypt, Arab Republic of	34.85%	-5.6%
10th	Japan	35.43%	-5.4%
11th	Sierra Leone	36.48%	-28.6%
12th	Uganda	37.69%	4.7%
13th	Comoros	37.80%	-3.6%
14th	Colombia	38.36%	2.3%
15th	China	38.70%	-12.2%
16th	Iran, Islamic Republic of	39.42%	-13.1%
17th	Kenya	40.33%	-12.7%
18th	Tanzania	40.76%	-10.1%
19th	Australia	41.49%	-1.9%
20th	India	41.92%	-14.3%
21st	Indonesia	41.94%	-12.8%
22nd	Haiti	41.95%	-1.0%
23rd	Bangladesh	42.09%	-5.5%
24th	Gambia, The	44.52%	-23.6%
25th	Niger	44.73%	-2.2%
26th	Peru	45.16%	-3.6%
27th	Rwanda	45.20%	3.0%
28th	Uruguay	45.33%	-7.7%
29th	Cameroon	45.54%	-10.4%
30th	Nepal	46.67%	1.5%
31st	Sri Lanka	46.92%	-4.5%
32nd	Ecuador	47.83%	-22.1%
33rd	Chad	48.51%	18.9%
34th	Russian Federation	49.36%	3.3%
35th	Guatemala	49.89%	-9.4%
36th	Tajikistan	49.94%	-8.6%
37th	Syrian Arab Republic	51.09%	-5.9%
38th	Türkiye	51.87%	-4.5%
39th	Dominican Republic	52.35%	-6.0%
40th	Côte d'Ivoire	52.72%	-1.8%
41st	Kazakhstan	53.05%	-18.3%
42nd	Central African Republic	53.15%	0.1%
43rd	Algeria	53.20%	-6.5%
44th	Mali	53.58%	4.9%
45th	Guinea-Bissau	54.37%	16.0%
46th	New Zealand	54.85%	-0.4%
47th	Angola	54.98%	-21.0%
48th	Italy	55.44%	1.8%
49th	French Polynesia	55.63%	-1.1%
50th	South Africa	56.73%	-4.7%
51st	Zimbabwe	56.75%	3.8%
52nd	Benin	56.76%	-13.0%
53rd	Libya	56.90%	-25.6%
54th	United Kingdom	57.13%	-2.9%
55th	Congo, Democratic Republic of	57.75%	-22.1%
56th	Senegal	58.11%	-0.6%
57th	Israel	58.90%	-4.6%
58th	Burkina Faso	59.09%	0.5%
59th	Philippines	59.14%	2.9%
60th	Chile	59.35%	-9.6%
61st	New Caledonia	60.05%	1.8%
62nd	Timor-Leste	60.08%	-27.4%
63rd	Costa Rica	60.75%	-6.8%
64th	Madagascar	61.22%	-1.2%
65th	France	63.50%	2.1%
66th	Spain	63.58%	0.3%
67th	Greece	65.27%	-1.7%
68th	South Sudan	65.55%	1.4%
69th	Canada	66.16%	2.8%
70th	Paraguay	66.92%	-3.1%
71st	Saudi Arabia	67.11%	-14.0%
72nd	Morocco	67.29%	-6.4%
73rd	Bolivia, Plurinational State of	67.93%	-20.3%
74th	Togo	69.13%	-2.5%
75th	Iraq	69.59%	0.9%
76th	Bahamas, The	69.68%	-13.5%
77th	Mexico	70.41%	9.9%
78th	Norway	70.43%	1.9%
79th	West Bank and Gaza	70.78%	4.5%
80th	Albania	71.28%	-5.0%
81st	Guam	71.34%	-9.0%
82nd	Armenia	71.68%	-5.4%
83rd	Lebanon	71.84%	-10.0%
84th	Finland	71.96%	-3.6%
85th	Guinea	72.44%	-5.6%
86th	Azerbaijan	72.60%	4.5%
87th	Bermuda	73.30%	-4.2%
88th	Gabon	73.95%	0.6%
89th	Kosovo	74.02%	-4.0%
90th	Samoa	74.63%	-7.3%
91st	Korea	75.39%	-13.3%
92nd	Somalia, Fed. Rep.	76.48%	-6.4%
93rd	Ghana	76.52%	19.9%
94th	El Salvador	76.56%	-2.0%
95th	Mauritania	77.35%	-15.6%
96th	Germany	77.76%	1.2%
97th	Zambia	79.87%	4.8%
98th	Portugal	80.63%	0.5%
99th	Turkmenistan	81.30%	-10.8%
100th	Tonga	81.39%	8.9%
101st	Greenland	83.10%	-4.6%
102nd	Romania	83.52%	0.2%
103rd	Sweden	84.17%	0.4%
104th	Virgin Islands (US)	84.77%	-48.4%
105th	Lao PDR	85.80%	-13.4%
106th	European Union	86.68%	1.4%
107th	Tunisia	87.25%	-9.2%
108th	Solomon Islands	88.19%	-5.6%
109th	Eswatini	88.26%	-3.7%
110th	Bosnia and Herzegovina	88.29%	-2.5%
111th	Moldova	88.97%	-5.6%
112th	Bhutan	89.64%	1.9%
113th	Mongolia	89.65%	-18.0%
114th	Brunei Darussalam	89.90%	-12.2%
115th	Croatia	90.65%	6.4%
116th	Poland	92.26%	0.2%
117th	Serbia	93.53%	5.8%
118th	Qatar	93.71%	-5.4%
119th	Cabo Verde	94.01%	3.0%
120th	Iceland	94.89%	-0.4%
121st	Jordan	95.36%	-13.3%
122nd	Oman	96.38%	-5.8%
123rd	Panama	96.58%	-16.0%
124th	Georgia	97.02%	2.2%
125th	Namibia	97.24%	-5.7%
126th	Nicaragua	98.19%	-8.0%
127th	Kuwait	98.70%	-1.3%
128th	Mozambique	98.76%	-15.1%
129th	Equatorial Guinea	98.88%	-5.3%
130th	Austria	103.12%	-1.3%
131st	Belize	104.07%	-2.8%
132nd	Montenegro	104.13%	3.7%
133rd	Denmark	105.13%	1.9%
134th	Faroe Islands	105.61%	-0.5%
135th	Honduras	107.26%	-5.1%
136th	Micronesia, Federated States of	107.68%	0.0%
137th	Ukraine	107.81%	7.1%
138th	Vanuatu	108.76%	3.4%
139th	Puerto Rico (US)	108.88%	6.3%
140th	Kiribati	109.89%	5.5%
141st	Kyrgyz Republic	110.96%	-11.3%
142nd	Botswana	112.90%	-5.5%
143rd	North Macedonia	113.70%	1.0%
144th	Belarus	115.91%	4.8%
145th	Switzerland	117.14%	-2.6%
146th	Congo, Republic of	117.32%	12.6%
147th	Macao SAR, China	119.25%	0.6%
148th	Cambodia	122.11%	-1.9%
149th	Northern Mariana Islands	122.75%	2.4%
150th	Thailand	124.84%	-4.6%
151st	Latvia	126.38%	-2.8%
152nd	Palau	126.50%	-13.2%
153rd	Bulgaria	126.74%	-2.7%
154th	Lesotho	129.72%	2.7%
155th	Antigua and Barbuda	130.07%	-8.1%
156th	Malaysia	131.37%	-5.0%
157th	Mauritius	133.14%	-1.5%
158th	Cyprus	137.28%	4.9%
159th	Lithuania	138.20%	-3.6%
160th	Marshall Islands	138.49%	-7.6%
161st	Aruba	140.49%	-10.2%
162nd	Maldives	143.72%	-13.4%
163rd	Viet Nam	144.91%	7.0%
164th	Slovenia	147.22%	0.5%
165th	Bahrain	147.92%	-12.3%
166th	Curaçao	148.31%	-9.8%
167th	Estonia	148.51%	-6.0%
168th	Czechia	154.02%	-1.5%
169th	Belgium	155.07%	-2.2%
170th	Netherlands	160.33%	5.7%
171st	American Samoa	162.41%	-7.1%
172nd	United Arab Emirates	164.29%	3.0%
173rd	Hungary	167.29%	-0.6%
174th	Slovak Republic	179.43%	1.5%
175th	Seychelles	187.48%	-12.1%
176th	Nauru	200.00%	1.4%
177th	Malta	207.20%	14.3%
178th	Ireland	223.70%	5.9%
179th	Djibouti	268.36%	-10.1%
180th	San Marino	321.36%	-
181st	Singapore	329.47%	-8.6%
182nd	Luxembourg	351.13%	5.3%
183rd	Hong Kong SAR, China	389.41%	-8.6%

FAQ

What was Libya's trade openness in 2015?▾

Libya's trade openness in 2015 was 56.90%. This ranked 53rd globally.

How did Libya's trade openness change in 2015?▾

Libya's trade openness decreased by 25.6% in 2015 compared to 2014.

Which country had the highest trade openness in 2015?▾

Hong Kong SAR, China had the highest trade openness in 2015 at 389.41%.

What is the trade openness of Libya in 2015?▾

The trade openness of Libya in 2015 was 56.90%. This ranked 53rd globally.

How does 2015 compare to 2014 for Libya's trade openness?▾

Libya's trade openness went from 76.52% in 2014 to 56.90% in 2015, a 25.6% decrease.

HistorySaid - pattern alert

Libya matched the Stagflation Risk pattern in 2015. Historically: 307 occurrences, 117 successful (38%). Outcome 24 months later: 25.8%. View full analysis →

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