Gross value added at basic prices (GVA) (current LCU), annual growth in Libya
Libya: Gross value added at basic prices (GVA) (current LCU), annual growth was 6.22 % change on previous year in 2025. ◆ Volatile
Gross value added at basic prices (GVA) (current LCU), annual growth in Libya, 2003–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross value added at basic prices (gva) (current lcu), annual growth in Libya is 6.22 % change on previous year, measured in 2025.
That represents a change of down 38.6% on the previous year and up 148.3% over ten years.
Over the whole period, gross value added at basic prices (gva) (current lcu), annual growth in Libya peaked at 145.39 % change on previous year in 2021 and was at its lowest, -34.03 % change on previous year, in 2011.
Libya ranks 112th of 205 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current LCU), annual growth in Libya, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2003 | 22.45 % change on previous year | — |
| 2004 | 51.6 % change on previous year | +129.9% |
| 2005 | 38.14 % change on previous year | -26.1% |
| 2006 | 29.15 % change on previous year | -23.6% |
| 2007 | 9.92 % change on previous year | -66.0% |
| 2008 | 22.78 % change on previous year | +129.6% |
| 2009 | -28.57 % change on previous year | -225.4% |
| 2010 | 25.68 % change on previous year | -189.9% |
| 2011 | -34.03 % change on previous year | -232.5% |
| 2012 | 92.21 % change on previous year | -370.9% |
| 2013 | -15.47 % change on previous year | -116.8% |
| 2014 | -23.29 % change on previous year | +50.5% |
| 2015 | -12.88 % change on previous year | -44.7% |
| 2016 | 0.2354 % change on previous year | -101.8% |
| 2017 | 33.28 % change on previous year | +14038.6% |
| 2018 | 11.86 % change on previous year | -64.3% |
| 2019 | -5.9 % change on previous year | -149.7% |
| 2020 | -32.53 % change on previous year | +451.4% |
| 2021 | 145.39 % change on previous year | -547.0% |
| 2022 | 26.16 % change on previous year | -82.0% |
| 2023 | 1.36 % change on previous year | -94.8% |
| 2024 | 10.13 % change on previous year | +644.5% |
| 2025 | 6.22 % change on previous year | -38.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.78 % change on previous year | -28.57 % change on previous year | 51.6 % change on previous year | 7 |
| 2010s | 7.17 % change on previous year | -34.03 % change on previous year | 92.21 % change on previous year | 10 |
| 2020s | 26.12 % change on previous year | -32.53 % change on previous year | 145.39 % change on previous year | 6 |
Countries ranked near Libya
- 109 Czechia 6.39 % change on previous year compare
- 110 Solomon Islands 6.3 % change on previous year compare
- 111 Lithuania 6.25 % change on previous year compare
- 113 Central African Republic 6.22 % change on previous year compare
- 114 Kosovo 6.1 % change on previous year compare
- 115 Fiji 6.08 % change on previous year compare
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)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 5.39 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 34,780 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 13.3 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 1.38 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 8,923 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 13.3 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 2.13 constant LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant LCU), per capita 13,760 constant LCU per person (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (current lcu), annual growth in Libya?
- Gross value added at basic prices (gva) (current lcu), annual growth in Libya was 6.22 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current lcu), annual growth recorded in Libya?
- The highest recorded value was 145.39 % change on previous year in 2021.
- What is the lowest gross value added at basic prices (gva) (current lcu), annual growth recorded in Libya?
- The lowest recorded value was -34.03 % change on previous year in 2011.
- How does Libya rank for gross value added at basic prices (gva) (current lcu), annual growth?
- Libya ranks 112th out of 205 countries with data for 2025.
- Is gross value added at basic prices (gva) (current lcu), annual growth rising or falling in Libya?
- Over the last ten years it is up 148.3%. 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) (current 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) (current 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 Organizations and/or Central Banks
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) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.