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)
90.48484848 1960
89.0080429 1961
90.12645914 1962
89.51781971 1963
89.86995209 1964
88.11757348 1965
86.00741656 1966
84.62186644 1967
85.24359775 1968
85.31675548 1969
80.51550108 1970
79.60638905 1971
80.80421254 1972
82.09994776 1973
80.88533372 1974
84.99858877 1975
88.63325031 1976
89.07985193 1977
87.3427075 1978
88.48637759 1979
90.34238489 1980
87.95351778 1981
84.55616142 1982
85.9931474 1983
82.52169502 1984
85.18233221 1985
86.16754354 1986
84.24290385 1987
83.75036143 1988
81.61219888 1989
78.45136972 1990
76.14701477 1991
74.19740073 1992
77.89894152 1993
77.39480621 1994
74.84565097 1995
77.56014072 1996
80.59494907 1997
82.73435304 1998
78.83288398 1999
84.55486076 2000
85.71501664 2001
85.29528863 2002
75.90385219 2003
57.74805459 2004
55.30629521 2005
53.93574305 2006
53.20914305 2007
47.76041226 2008
44.79231229 2009
56.68306523 2010
61.98704235 2011
60.1431549 2012
59.84645942 2013
58.58777493 2014
55.84508205 2015
59.28260937 2016
59.29970074 2017
59.12622973 2018
53.29640344 2019
53.46259462 2020
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