GDP$4BCURRENT US$Rnk 155 / 186 GDP GROWTH43.3%CURRENT US$Rnk 80 / 186
GDP$45.8BCURRENT US$Rnk 91 / 186 GDP GROWTH-50.6%CURRENT US$Rnk 186 / 186 GDP PC $755CURRENT US$Rnk 176 / 186GDP PC GROWTH17.1%CURRENT US$Rnk 96 / 186GDP PC$6,716CURRENT US$Rnk 97 / 186GDP PC GROWTH-57.4%CURRENT US$Rnk 185 / 186In N/A, Liberia did not export any services to Libya.
Libya-Liberia In N/A, Libya did not export any products to Liberia.
In N/A, Libya did not export any services to Liberia.
Comparison: In 2022, Liberia ranked 128 in the Economic Complexity Index (ECI -1.72), and 144 in total exports ($1.96B). That same year, Libya ranked 104 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($36B).
This map shows whether countries import more from Liberia or Libya. Each country is colored based on the difference in imports they receive from Liberia and Libya or the difference in the growth in imports.
In 2022, countries that imported more from Liberia than Libya included Switzerland ($544M), Poland ($124M), and Cyprus ($53.7M).
In 2022, countries that imported more from Libya than Liberia included Italy ($9.26B), Spain ($3.48B), and Germany ($3.32B).
) and Liberia () (2022)We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.
This visualization shows the product space at the HS4 level with the flags of Liberia and Libya. This means that a dot/product with the flag of Liberia indicates it has a comparative advantage over Libya. Similarly, a dot/product with the flag of Libya indicates it has a comparative advantage over Liberia.
) and Libya () (2010)
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