Construction, value added in Libya
Libya: Construction, value added 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 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$, 93% of the median. (6 countries reporting)
Countries ranked near Libya
More economy & growth data for Libya
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.31 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -56.51 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0012 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -7.66 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 794.70 million BoP, current US$ (2023)
- Foreign direct investment, net inflows (BoP, current US$), annual 13.21 % change on previous year (2023)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0181 BoP, current US$ per US$ of GDP (2023)
- Foreign direct investment, net inflows (BoP, current US$), per capita 108.78 BoP, current US$ per person (2023)
- Total reserves (includes gold, current US$), annual growth rate 12.66 % change on previous year (2025)
Frequently asked questions
- What is construction, value added in Libya?
- Construction, value added in Libya was 4.90 billion current US$ 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.
Download this data
CSV · JSON — 7 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.