Libya vs Nigeria: Goods balance (credit less debit), Net (credits less debits)

Libya
13.88 billion
in 2023
Nigeria
13.17 billion
in 2024
Libya rank
31st
Nigeria rank
32nd

Goods balance (credit less debit), Net (credits less debits) over time

  • Libya
  • Nigeria
-20.0B020.0B40.0B200520142024

How they compare

Libya currently reports 13.88 billion against 13.17 billion in Nigeria, a difference of 714.70 million.

That makes Libya's figure about 1.1 times Nigeria's.

The two have swapped places 3 times across 19 shared years of data; in 2005 it was Nigeria ahead.

Libya ranks 31st and Nigeria ranks 32nd of 198 countries.

Across the 3 decades both report, Libya averaged higher in 1 and Nigeria in 2.

Head to head by decade

Decade Libya Nigeria Difference Ahead
2000s 25.30 billion 34.64 billion 9.34 billion Nigeria
2010s 9.67 billion 19.48 billion 9.81 billion Nigeria
2020s 12.37 billion -1.72 billion 14.09 billion Libya

Averages of every year both report within each decade.

Frequently asked questions

Which has higher goods balance (credit less debit), net (credits less debits), Libya or Nigeria?
Libya, at 13.88 billion against 13.17 billion in Nigeria as of 2023.
What is the difference in goods balance (credit less debit), net (credits less debits) between Libya and Nigeria?
714.70 million, with Libya ahead.
How many years of comparable data are there for Libya and Nigeria?
19 years are reported by both, from 2005 to 2023.
How do Libya and Nigeria rank globally for goods balance (credit less debit), net (credits less debits)?
Libya ranks 31st and Nigeria ranks 32nd of 198 countries.
Where does this data come from?
International Monetary Fund, published as Goods balance (credit less debit), Net (credits less debits) (US dollar). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Libya vs Nigeria: Goods balance (credit less debit), Net (credits less debits). Statizoid, drawing on International Monetary Fund. Retrieved 29 August 2026, from https://financial-sector.statizoid.com/compare/goods-balance-credit-less-debit-net-credits-less-debits-us-dollar/libya/nigeria/

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About this data

Indicator
Goods balance (credit less debit), Net (credits less debits) (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,864 data points, 2005–2024
Last refreshed

The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.