Construction, value added (current US$) in Libya
Libya: Construction, value added (current US$) was 4.90 billion current US$ in 2008. ▲ Rising
Construction, value added in Libya, 2002–2008
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current US$.
Analysis
Libya recorded 4.90 billion current US$ for construction, value added in 2008. That is the highest value across all 7 years on record.
That represents a change of up 42.4% on the previous year and up 221.5% over ten years.
That places Libya 6th out of 52 countries with data for 2008, putting it in the top 10%.
Construction, value added (current US$) in Libya, year by year
| Year | current US$ | Change |
|---|---|---|
| 2002 | 1.52 billion current US$ | — |
| 2003 | 1.40 billion current US$ | -8.4% |
| 2004 | 1.66 billion current US$ | +19.0% |
| 2005 | 1.99 billion current US$ | +19.7% |
| 2006 | 2.44 billion current US$ | +23.0% |
| 2007 | 3.44 billion current US$ | +40.8% |
| 2008 | 4.90 billion current US$ | +42.4% |
Libya compared with similar countries
- Libya's 4.90 billion current US$ is above the median for upper middle income countries, which is 1.19 billion current US$, 4.1× the median. (8 countries reporting)
- Libya's 4.90 billion current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 5.25 billion current US$, 93% of the median. (6 countries reporting)
Countries ranked near Libya
More economy & growth data for Libya
- Real gdp growth, annual growth rate -240.99 % change on previous year (2019)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.31 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 6.09 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.094 units per US$ 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)
Frequently asked questions
- What is construction, value added in Libya?
- Construction, value added in Libya was 4.90 billion current US$ in 2008, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest construction, value added recorded in Libya?
- The highest recorded value was 4.90 billion current US$ in 2008.
- What is the lowest construction, value added recorded in Libya?
- The lowest recorded value was 1.40 billion current US$ in 2003.
- How does Libya rank for construction, value added?
- Libya ranks 6th out of 52 countries with data for 2008.
- Is construction, value added rising or falling in Libya?
- Over the last ten years it is up 221.5%. The long-run trend across the full record is rising.
- Where does this Libya data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Construction, value added (current US$). Statizoid updates them automatically from the source API.
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About this data
Value added in construction is defined as the value of output of the construction industry less the value of intermediate consumption (intermediate inputs). Construction is a subset of industry (ISIC 45). Data are in current U.S. dollars.