Gross value added at basic prices (GVA) in Libya
Libya: Gross value added at basic prices (GVA) was 259.41 billion current LCU in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in Libya, 2002–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2025, gross value added at basic prices (gva) in Libya stood at 259.41 billion current LCU. That is the highest value across all 24 years on record.
The figure is up 6.2% on the previous year and up 248.3% over ten years.
Over the whole period, gross value added at basic prices (gva) in Libya peaked at 259.41 billion current LCU in 2025 and was at its lowest, 25.91 billion current LCU, in 2002.
That places Libya 126th out of 206 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 68.87 billion current LCU | 25.91 billion current LCU | 115.83 billion current LCU | 8 |
| 2010s | 96.60 billion current LCU | 68.59 billion current LCU | 131.84 billion current LCU | 10 |
| 2020s | 198.03 billion current LCU | 70.67 billion current LCU | 259.41 billion current LCU | 6 |
Countries ranked near Libya
More economy & growth data for Libya
- External balance on goods and services as a percent of GDP 5.8% (2025)
- Inflation of consumer prices 1.8% (2025)
- GDP per capita 8,634 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 2.8% (2017)
- Gross domestic product (GDP) 64.40 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 8,634 constant 2015 US$ (2025)
- DEC alternative conversion factor 5.31 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -22.55 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -4.25 billion current US$ (2025)
- Taxes less subsidies on products -4.24 billion current LCU (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Libya?
- Gross value added at basic prices (gva) in Libya was 259.41 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Libya?
- The highest recorded value was 259.41 billion current LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Libya?
- The lowest recorded value was 25.91 billion current LCU in 2002.
- How does Libya rank for gross value added at basic prices (gva)?
- Libya ranks 126th out of 206 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Libya?
- Over the last ten years it is up 248.3%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.