GDP$45.8BCURRENT US$Rnk 91 / 186 GDP GROWTH-50.6%CURRENT US$Rnk 186 / 186
GDP$264BCURRENT US$Rnk 48 / 186 GDP GROWTH21.2%CURRENT US$Rnk 118 / 186 GDP PC $6,716CURRENT US$Rnk 97 / 186GDP PC GROWTH-57.4%CURRENT US$Rnk 185 / 186GDP PC$5,937CURRENT US$Rnk 104 / 186GDP PC GROWTH-7.77%CURRENT US$Rnk 158 / 186In N/A, Libya did not export any services to Iraq.
Iraq-Libya In N/A, Iraq did not export any products to Libya.
In N/A, Iraq did not export any services to Libya.
Comparison: In 2022, Libya ranked 104 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($36B). That same year, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B).
This map shows whether countries import more from Libya or Iraq. Each country is colored based on the difference in imports they receive from Libya and Iraq or the difference in the growth in imports.
In 2022, countries that imported more from Libya than Iraq included Italy ($9.26B), Thailand ($1.67B), and United Kingdom ($1.4B).
In 2022, countries that imported more from Iraq than Libya included India ($38.8B), China ($34B), and South Korea ($8.21B).
) and Libya () (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 Libya and Iraq. This means that a dot/product with the flag of Libya indicates it has a comparative advantage over Iraq. Similarly, a dot/product with the flag of Iraq indicates it has a comparative advantage over Libya.
) and Iraq () (2014)
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