Libya's import volume index (2015 = 100) was 112.2 in 2024, the latest year in the World Bank's World Development Indicators. That is down 19.45% from 139.3 in 2014 (2.14% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 112.2 | 2024 |
| Five years earlier | 113.7 | 2019 |
| Ten years earlier | 139.3 | 2014 |
| Highest | 201.5 | 2010 |
| Lowest | 40 | 2005 |
| Average since 2015 | 97.46 | 2015–2024 |
| First recorded | 40 | 2005 |
What the numbers say
In 2024, Libya's import volume index (2015 = 100) rose 3.2 on 2023 (from 109 to 112.2).
Across the 18 yearly changes before that (2006 to 2023), the average change was +3.83 and a typical year strayed about 56.08 from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 101.2 in 2012 and the biggest yearly fall was 152.2 in 2011. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 21% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Libya had the 113th highest value of the 203 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Libya | 112.2 | 2024 |
| World | 117.2 | 2024 |
Closest to Libya in the 2024 ranking
What this measures
Import volume indexes are derived from UNCTAD's volume index series and are the ratio of the import value indexes to the corresponding unit value indexes. Unit value indexes are based on data reported by countries that demonstrate consistency under UNCTAD quality controls, supplemented by UNCTAD's estimates using the previous year's trade values at the Standard International Trade Classification three-digit level as weights.
All 20 values
| Year | Import volume index (2015 = 100) |
|---|---|
| 2024 | 112.2 |
| 2023 | 109 |
| 2022 | 92.5 |
| 2021 | 99.8 |
| 2020 | 85.2 |
| 2019 | 113.7 |
| 2018 | 102.1 |
| 2017 | 73.5 |
| 2016 | 86.6 |
| 2015 | 100 |
| 2014 |
Import volume index (2015 = 100) in nearby economies
- Afghanistan — 42.8 (2024)
- Algeria — 74.6 (2024)
- Bahrain — 114 (2024)
- Djibouti — 493.8 (2024)
- Egypt, Arab Rep. — 111.3 (2024)
- Iran, Islamic Rep. — 125.6 (2024)
- Iraq — 150.3 (2024)
- Israel — 126.3 (2024)
- Jordan — 129.8 (2024)
- Kuwait — 97.9 (2024)
- Lebanon — 66.7 (2024)
- Malta
More trade data for Libya
- Import value index (2015 = 100) — 147.2 (2024)
- Net barter terms of trade index (2015 = 100) — 119.3 (2024)
- Export volume index (2015 = 100) — 80.1 (2024)
- Export value index (2015 = 100) — 125.4 (2024)
Every indicator for Libya is on the Libya data page.
Reading data like this
Questions people ask
- What is Libya's import volume index (2015 = 100)?
- 112.2 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2005?
- It is up 180.5% from 40 in 2005 (5.58% a year on average, compounded). The highest value was 201.5 in 2010 and the lowest 40 in 2005.
- How does Libya rank?
- 113th highest of 203 economies with data for 2024.
- Is the latest change in import volume index (2015 = 100) unusual for Libya?
- In 2024, Libya's import volume index (2015 = 100) rose 3.2 on 2023 (from 109 to 112.2). Across the 18 yearly changes before that (2006 to 2023), the average change was +3.83 and a typical year strayed about 56.08 from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
- Where does this data come from?
Source
World Bank, World Development Indicators, indicator TM.QTY.MRCH.XD.WD, licensed CC BY 4.0. Original source: UN Conference on Trade and Development (UNCTAD) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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