Gross value added at basic prices (GVA) … constant annual growth rate in Libya
Libya: Gross value added at basic prices (GVA) … constant annual growth rate was 13.3 % change on previous year in 2025. ◆ Volatile
Gross value added at basic prices (GVA) (constant LCU), annual growth in Libya, 2007–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross value added at basic prices (gva) (constant lcu), annual growth in Libya is 13.3 % change on previous year, measured in 2025.
Compared with earlier readings it is up 851.2% on the previous year and up 429.1% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant lcu), annual growth in Libya peaked at 83.27 % change on previous year in 2012 and was at its lowest, -46.54 % change on previous year, in 2011.
Libya ranks 4th of 195 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) … constant annual growth rate in Libya, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2007 | 7.21 % change on previous year | — |
| 2008 | -0.5169 % change on previous year | -107.2% |
| 2009 | -5.15 % change on previous year | +895.8% |
| 2010 | 4.97 % change on previous year | -196.6% |
| 2011 | -46.54 % change on previous year | -1036.0% |
| 2012 | 83.27 % change on previous year | -278.9% |
| 2013 | -16.88 % change on previous year | -120.3% |
| 2014 | -22.25 % change on previous year | +31.8% |
| 2015 | -4.04 % change on previous year | -81.8% |
| 2016 | -2.71 % change on previous year | -32.9% |
| 2017 | 28.49 % change on previous year | -1150.5% |
| 2018 | 5.43 % change on previous year | -80.9% |
| 2019 | -8.39 % change on previous year | -254.4% |
| 2020 | -31.81 % change on previous year | +279.2% |
| 2021 | 29.35 % change on previous year | -192.3% |
| 2022 | -8.84 % change on previous year | -130.1% |
| 2023 | 10.66 % change on previous year | -220.6% |
| 2024 | 1.4 % change on previous year | -86.9% |
| 2025 | 13.3 % change on previous year | +851.2% |
Libya compared with similar countries
- Libya's 13.3 % change on previous year is above the median for upper middle income countries, which is 3.16 % change on previous year, 4.2× the median. (57 countries reporting)
- Libya's 13.3 % change on previous year is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.98 % change on previous year, 4.5× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.5165 % change on previous year | -5.15 % change on previous year | 7.21 % change on previous year | 3 |
| 2010s | 2.14 % change on previous year | -46.54 % change on previous year | 83.27 % change on previous year | 10 |
| 2020s | 2.34 % change on previous year | -31.81 % change on previous year | 29.35 % change on previous year | 6 |
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 gross value added at basic prices (gva) (constant lcu), annual growth in Libya?
- Gross value added at basic prices (gva) (constant lcu), annual growth in Libya was 13.3 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant lcu), annual growth recorded in Libya?
- The highest recorded value was 83.27 % change on previous year in 2012.
- What is the lowest gross value added at basic prices (gva) (constant lcu), annual growth recorded in Libya?
- The lowest recorded value was -46.54 % change on previous year in 2011.
- How does Libya rank for gross value added at basic prices (gva) (constant lcu), annual growth?
- Libya ranks 4th out of 195 countries with data for 2025.
- Is gross value added at basic prices (gva) (constant lcu), annual growth rising or falling in Libya?
- Over the last ten years it is up 429.1%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.