2023
Flag  
GDP
$45.1BCURRENT US$
Rnk 97 / 195
2013-2023
Flag
GDP GROWTH
-40.2%CURRENT US$
Rnk 194 / 195
2023
Flag
 GDP
$4.24BCURRENT US$
Rnk 161 / 195
2013-2023
Flag
GDP GROWTH
33.5%CURRENT US$
Rnk 106 / 195
2023
Flag
GDP PC 
$6,173CURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP PC GROWTH
-48.4%CURRENT US$
Rnk 193 / 195
2023
Flag
GDP PC
$772CURRENT US$
Rnk 184 / 196
2013-2023
Flag
GDP PC GROWTH
8.6%CURRENT US$
Rnk 138 / 195

About

In N/A, Libya did not export any services to Liberia.

Liberia-Libya In N/A, Liberia did not export any products to Libya.

In N/A, Liberia did not export any services to Libya.

Comparison: In 2023,  Libya ranked 102 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($35.4B). That same year, Liberia ranked 126 in the Economic Complexity Index (ECI -1.44), and 142 in total exports ($2.36B).

Historical Data

Bilateral Trade by Products

Depth
Value

Libya does not register exports to Liberia. The main products exported from Libya to Liberia were Gypsum ($6.84k).

Liberia does not register exports to Libya. The main products exported from Liberia to Libya were Other Furniture ($6.4k).

Exports from Libya (Flag) to Liberia (Flag) (2023)

Exports from Liberia (Flag) to Libya (Flag) (2023)

Market Competitiveness

Color
Libya
Top Destination
Italy$7.96B
Liberia
Top Destination
Switzerland$708M

This map shows whether countries import more from Libya or Liberia. Each country is colored based on the difference in imports they receive from Libya and Liberia or the difference in the growth in imports.

In 2023, countries that imported more from Libya than Liberia included Italy ($7.96B), Germany ($5.16B), and Spain ($3.08B).

In 2023, countries that imported more from Liberia than Libya included Switzerland ($708M), Poland ($101M), and Tanzania ($38M).

Difference in imports from Liberia (Flag) and Libya (Flag) (2023)

Comparative Advantage Libya - Liberia

Flow
Scale

This chart compares trade between Libya and Liberia by product, considering products traded by both, Libya and Liberia.

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Libya Liberia+$3.36kRefined Petroleum
Top Product Potential Liberia Libya+$3.49kRefined Petroleum

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.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Libya and Liberia. This means that a dot/product with the flag of Libya indicates it has a comparative advantage over Liberia. Similarly, a dot/product with the flag of Liberia indicates it has a comparative advantage over Libya.

Product Space of Libya (Flag) and Liberia (Flag) (2023)

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