Manufacturing, value added in Libya
Libya: Manufacturing, value added was 1.80 billion constant 2015 US$ in 2017. ▼ Falling
Manufacturing, value added in Libya, 2006–2017
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
Libya recorded 1.80 billion constant 2015 US$ for manufacturing, value added in 2017.
That represents a change of down 9.0% on the previous year and down 42.8% over ten years.
Over the whole period, manufacturing, value added in Libya peaked at 3.33 billion constant 2015 US$ in 2009 and was at its lowest, 1.31 billion constant 2015 US$, in 2011.
That places Libya 113th out of 186 countries with data for 2017, putting it in the middle of the range.
The long-run direction has been consistently falling across the 12 years of available data.
Manufacturing, value added in Libya, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2006 | 2.96 billion constant 2015 US$ | — |
| 2007 | 3.14 billion constant 2015 US$ | +6.1% |
| 2008 | 3.24 billion constant 2015 US$ | +3.0% |
| 2009 | 3.33 billion constant 2015 US$ | +2.8% |
| 2010 | 2.77 billion constant 2015 US$ | -16.9% |
| 2011 | 1.31 billion constant 2015 US$ | -52.8% |
| 2012 | 1.85 billion constant 2015 US$ | +42.0% |
| 2013 | 1.91 billion constant 2015 US$ | +3.1% |
| 2014 | 2.22 billion constant 2015 US$ | +16.4% |
| 2015 | 2.02 billion constant 2015 US$ | -9.3% |
| 2016 | 1.98 billion constant 2015 US$ | -2.0% |
| 2017 | 1.80 billion constant 2015 US$ | -9.0% |
Libya compared with similar countries
- Libya's 1.80 billion constant 2015 US$ is below the median for upper middle income countries, which is 3.45 billion constant 2015 US$, 52% of the median. (56 countries reporting)
- Libya's 1.80 billion constant 2015 US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 11.16 billion constant 2015 US$, 16% of the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.17 billion constant 2015 US$ | 2.96 billion constant 2015 US$ | 3.33 billion constant 2015 US$ | 4 |
| 2010s | 1.98 billion constant 2015 US$ | 1.31 billion constant 2015 US$ | 2.77 billion constant 2015 US$ | 8 |
Countries ranked near Libya
- 110 Palestine 1.91 billion constant 2015 US$ compare
- 111 Haiti 1.90 billion constant 2015 US$ compare
- 112 Burkina Faso 1.84 billion constant 2015 US$ compare
- 114 Equatorial Guinea 1.74 billion constant 2015 US$ compare
- 115 Kyrgyzstan 1.74 billion constant 2015 US$ compare
- 116 Armenia 1.69 billion constant 2015 US$ 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)
- 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$), annual growth rate 12.66 % change on previous year (2025)
Frequently asked questions
- What is manufacturing, value added in Libya?
- Manufacturing, value added in Libya was 1.80 billion constant 2015 US$ in 2017, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Libya?
- The highest recorded value was 3.33 billion constant 2015 US$ in 2009.
- What is the lowest manufacturing, value added recorded in Libya?
- The lowest recorded value was 1.31 billion constant 2015 US$ in 2011.
- How does Libya rank for manufacturing, value added?
- Libya ranks 113th out of 186 countries with data for 2017.
- Is manufacturing, value added rising or falling in Libya?
- Over the last ten years it is down 42.8%. The long-run trend across the full record is falling.
- Where does this Libya data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.