Libya | Merchandise imports from high-income economies (% of total merchandise imports)

Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data. Development relevance: Low- and middle-income economies are an increasingly important part of the global trading system. Trade between high-income economies and low- and middle-income economies has grown faster than trade between high-income economies. This increased trade benefits both producers and consumers in developing and high-income economies. Limitations and exceptions: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many low- and middle-income economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among low- and middle-income economies may be understated.
Publisher
The World Bank
Origin
State of Libya
Records
63
Source
Libya | Merchandise imports from high-income economies (% of total merchandise imports)
year value
1960 90.48484848
1961 89.0080429
1962 90.12645914
1963 89.51781971
1964 89.86995209
1965 88.11757348
1966 86.00741656
1967 84.62186644
1968 85.24359775
1969 85.31675548
1970 80.51550108
1971 79.60638905
1972 80.80421254
1973 82.09994776
1974 80.88533372
1975 84.99858877
1976 88.63325031
1977 89.07985193
1978 87.3427075
1979 88.48637759
1980 90.34238489
1981 87.95351778
1982 84.55616142
1983 85.9931474
1984 82.52169502
1985 85.18233221
1986 86.16754354
1987 84.24290385
1988 83.75036143
1989 81.61219888
1990 78.45136972
1991 76.14701477
1992 74.19740073
1993 77.89894152
1994 77.39480621
1995 74.84565097
1996 77.56014072
1997 80.59494907
1998 82.73435304
1999 78.83288398
2000 84.55486076
2001 85.71501664
2002 85.29528863
2003 75.90385219
2004 57.74805459
2005 55.30629521
2006 53.93574305
2007 53.20914305
2008 47.76041226
2009 44.79231229
2010 56.68306523
2011 61.98704235
2012 60.1431549
2013 59.84645942
2014 58.58777493
2015 55.84508205
2016 59.28260937
2017 59.29970074
2018 59.12622973
2019 53.29640344
2020 53.46259462
2021
2022

Libya | Merchandise imports from high-income economies (% of total merchandise imports)

Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data. Development relevance: Low- and middle-income economies are an increasingly important part of the global trading system. Trade between high-income economies and low- and middle-income economies has grown faster than trade between high-income economies. This increased trade benefits both producers and consumers in developing and high-income economies. Limitations and exceptions: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many low- and middle-income economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among low- and middle-income economies may be understated.
Publisher
The World Bank
Origin
State of Libya
Records
63
Source