Manufacturing, value added (constant LCU) in Libya
Libya: Manufacturing, value added (constant LCU) was 2.67 billion constant LCU in 2017. ▼ Falling
Manufacturing, value added in Libya, 2006–2017
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for manufacturing, value added in Libya is 2.67 billion constant LCU, measured 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 4.95 billion constant LCU in 2009 and was at its lowest, 1.94 billion constant LCU, in 2011.
That places Libya 144th out of 192 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 (constant LCU) in Libya, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2006 | 4.40 billion constant LCU | — |
| 2007 | 4.67 billion constant LCU | +6.1% |
| 2008 | 4.81 billion constant LCU | +3.0% |
| 2009 | 4.95 billion constant LCU | +2.8% |
| 2010 | 4.11 billion constant LCU | -16.9% |
| 2011 | 1.94 billion constant LCU | -52.8% |
| 2012 | 2.75 billion constant LCU | +42.0% |
| 2013 | 2.84 billion constant LCU | +3.1% |
| 2014 | 3.31 billion constant LCU | +16.4% |
| 2015 | 3.00 billion constant LCU | -9.3% |
| 2016 | 2.94 billion constant LCU | -2.0% |
| 2017 | 2.67 billion constant LCU | -9.0% |
Libya compared with similar countries
- Libya's 2.67 billion constant LCU is below the median for upper middle income countries, which is 66.16 billion constant LCU, 4% of the median. (56 countries reporting)
- Libya's 2.67 billion constant LCU is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 84.08 billion constant LCU, 3% of the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.71 billion constant LCU | 4.40 billion constant LCU | 4.95 billion constant LCU | 4 |
| 2010s | 2.95 billion constant LCU | 1.94 billion constant LCU | 4.11 billion constant LCU | 8 |
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 manufacturing, value added in Libya?
- Manufacturing, value added in Libya was 2.67 billion constant LCU 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 4.95 billion constant LCU in 2009.
- What is the lowest manufacturing, value added recorded in Libya?
- The lowest recorded value was 1.94 billion constant LCU in 2011.
- How does Libya rank for manufacturing, value added?
- Libya ranks 144th out of 192 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 LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 varies by country. This series is expressed in local currency units.