Goods imports as a part of balance payment reached 8.67 USD bil in 2016 in Libya, according to the National Statistical Office. This is 47.2 % less than in the previous year.
Historically, goods imports as a part of balance payment in Libya reached an all time high of 34.0 USD bil in 2013 and an all time low of 4.13 USD bil in 2000. When compared to Libya's main peers, goods imports as a part of balance payment in Algeria amounted to 49.3 USD bil, 51.1 USD bil in Egypt and 18.4 USD bil in Tunisia in 2016.
Libya has been ranked 94th within the group of 162 countries we follow in terms of goods imports as a part of balance payment, 26 places behind the position seen 10 years ago.
Goods imports refer to all movable goods (including non-monetary gold) involved in a change of ownership from non-residents to residents.