Africa's Development: Sectoral breakdown of the economy … wholesale in Libya
Libya: Africa's Development: Sectoral breakdown of the economy … wholesale was 6.97 Percentage of GDP in 2022. ▲ Rising
Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of in Libya, 2000–2022
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2022, africa's development dynamics (afdd) table 08 - sectoral breakdown of in Libya stood at 6.97 Percentage of GDP.
The figure is up 3.2% on the previous year and up 53.6% over ten years.
Over the whole period, africa's development dynamics (afdd) table 08 - sectoral breakdown of in Libya peaked at 11.09 Percentage of GDP in 2017 and was at its lowest, 2.74 Percentage of GDP, in 2006.
That places Libya 156th out of 169 countries with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Africa's Development: Sectoral breakdown of the economy … wholesale in Libya, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 6.25 Percentage of GDP | — |
| 2001 | 6.7 Percentage of GDP | +7.2% |
| 2002 | 5.98 Percentage of GDP | -10.7% |
| 2003 | 5.25 Percentage of GDP | -12.1% |
| 2004 | 4.86 Percentage of GDP | -7.4% |
| 2005 | 4.33 Percentage of GDP | -10.9% |
| 2006 | 2.74 Percentage of GDP | -36.7% |
| 2007 | 2.75 Percentage of GDP | +0.1% |
| 2008 | 2.98 Percentage of GDP | +8.3% |
| 2009 | 4.23 Percentage of GDP | +42.2% |
| 2010 | 3.68 Percentage of GDP | -13.0% |
| 2011 | 7.84 Percentage of GDP | +113.1% |
| 2012 | 4.54 Percentage of GDP | -42.1% |
| 2013 | 5.71 Percentage of GDP | +25.9% |
| 2014 | 6.66 Percentage of GDP | +16.6% |
| 2015 | 4.46 Percentage of GDP | -33.1% |
| 2016 | 10.42 Percentage of GDP | +133.9% |
| 2017 | 11.09 Percentage of GDP | +6.4% |
| 2018 | 6.09 Percentage of GDP | -45.1% |
| 2019 | 6.33 Percentage of GDP | +3.9% |
| 2020 | 7.83 Percentage of GDP | +23.7% |
| 2021 | 6.75 Percentage of GDP | -13.8% |
| 2022 | 6.97 Percentage of GDP | +3.2% |
Libya compared with similar countries
- Libya's 6.97 Percentage of GDP is below the median for upper middle income countries, which is 15.8 Percentage of GDP, 44% of the median. (51 countries reporting)
- Libya's 6.97 Percentage of GDP is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 12.94 Percentage of GDP, 54% of the median. (21 countries reporting)
Biggest year-on-year movements
Years where Africa's Development: Sectoral breakdown of the economy … wholesale in Libya changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | +133.9% | 4.46 Percentage of GDP | 10.42 Percentage of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.61 Percentage of GDP | 2.74 Percentage of GDP | 6.7 Percentage of GDP | 10 |
| 2010s | 6.68 Percentage of GDP | 3.68 Percentage of GDP | 11.09 Percentage of GDP | 10 |
| 2020s | 7.18 Percentage of GDP | 6.75 Percentage of GDP | 7.83 Percentage of GDP | 3 |
Countries ranked near Libya
More economy & growth data for Libya
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.31 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 6.09 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.094 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 605.92 units per person (2025)
- SDRs holdings, SDR, annual growth rate 1.03 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0686 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 442.44 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0332 units per US$ of GDP (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 08 - sectoral breakdown of in Libya?
- Africa's development dynamics (afdd) table 08 - sectoral breakdown of in Libya was 6.97 Percentage of GDP in 2022, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 08 - sectoral breakdown of recorded in Libya?
- The highest recorded value was 11.09 Percentage of GDP in 2017.
- What is the lowest africa's development dynamics (afdd) table 08 - sectoral breakdown of recorded in Libya?
- The lowest recorded value was 2.74 Percentage of GDP in 2006.
- How does Libya rank for africa's development dynamics (afdd) table 08 - sectoral breakdown of?
- Libya ranks 156th out of 169 countries with data for 2022.
- Is africa's development dynamics (afdd) table 08 - sectoral breakdown of rising or falling in Libya?
- Over the last ten years it is up 53.6%. The long-run trend across the full record is rising.
- Where does this Libya data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of the economy — Value added in wholesale, retail trade, restaurants and hotels. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 8 shows the breakdown of national economies by sectors of activity, looking at share of employment, contributions to GDP, along with the impact of natural resource extraction on the economy.