Gross value added at basic prices (GVA) in Libya
Libya: Gross value added at basic prices (GVA) was 48.90 billion current US$ in 2025. ▬ Flat
Gross value added at basic prices (GVA) in Libya, 2002–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in Libya is 48.90 billion current US$, measured in 2025.
Compared with earlier readings it is down 3.2% on the previous year and down 9.3% over ten years.
Over the whole period, gross value added at basic prices (gva) in Libya peaked at 104.50 billion current US$ in 2012 and was at its lowest, 20.40 billion current US$, in 2002.
That places Libya 93rd out of 204 countries with data for 2025, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 54.21 billion current US$ | 20.40 billion current US$ | 94.66 billion current US$ | 8 |
| 2010s | 73.29 billion current US$ | 53.69 billion current US$ | 104.50 billion current US$ | 10 |
| 2020s | 46.71 billion current US$ | 38.41 billion current US$ | 50.89 billion current US$ | 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 48.90 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Libya?
- The highest recorded value was 104.50 billion current US$ in 2012.
- What is the lowest gross value added at basic prices (gva) recorded in Libya?
- The lowest recorded value was 20.40 billion current US$ in 2002.
- How does Libya rank for gross value added at basic prices (gva)?
- Libya ranks 93rd out of 204 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 down 9.3%. The long-run trend across the full record is flat.
- Where does this Libya data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). 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 indicator is expressed in United States dollars.