Libya vs Trinidad and Tobago: Services, value added
Services, value added over time
- Libya
- Trinidad and Tobago
How they compare
Trinidad and Tobago currently reports 15.17 billion current US$ against 12.94 billion current US$ in Libya, a difference of 2.23 billion current US$.
That makes Trinidad and Tobago's figure about 1.2 times Libya's.
The two have swapped places 1 time across 19 shared years of data; in 2006 it was Libya ahead.
Libya ranks 117th and Trinidad and Tobago ranks 115th of 203 countries.
Libya has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Libya | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 17.42 billion current US$ | 8.56 billion current US$ | 8.86 billion current US$ | Libya |
| 2010s | 36.15 billion current US$ | 13.62 billion current US$ | 22.54 billion current US$ | Libya |
| 2020s | 17.71 billion current US$ | 14.23 billion current US$ | 3.48 billion current US$ | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, Libya or Trinidad and Tobago?
- Trinidad and Tobago, at 15.17 billion current US$ against 12.94 billion current US$ in Libya as of 2024.
- What is the difference in services, value added between Libya and Trinidad and Tobago?
- 2.23 billion current US$, with Trinidad and Tobago ahead.
- How many years of comparable data are there for Libya and Trinidad and Tobago?
- 19 years are reported by both, from 2006 to 2024.
- How do Libya and Trinidad and Tobago rank globally for services, value added?
- Libya ranks 117th and Trinidad and Tobago ranks 115th of 203 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Services, value added (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.