Manufacturing, value added (current US$) in Libya
Libya: Manufacturing, value added (current US$) was 1.88 billion current US$ in 2017. ▲ Rising
Manufacturing, value added in Libya, 2002–2017
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2017, manufacturing, value added in Libya stood at 1.88 billion current US$.
The figure is up 3.3% on the previous year and down 39.7% over ten years.
Over the whole period, manufacturing, value added in Libya peaked at 3.95 billion current US$ in 2008 and was at its lowest, 640.24 million current US$, in 2002.
Libya ranks 121st of 205 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Manufacturing, value added (current US$) in Libya, year by year
| Year | current US$ | Change |
|---|---|---|
| 2002 | 640.24 million current US$ | — |
| 2003 | 1.56 billion current US$ | +143.0% |
| 2004 | 1.88 billion current US$ | +21.1% |
| 2005 | 2.39 billion current US$ | +27.1% |
| 2006 | 2.81 billion current US$ | +17.2% |
| 2007 | 3.13 billion current US$ | +11.4% |
| 2008 | 3.95 billion current US$ | +26.5% |
| 2009 | 3.06 billion current US$ | -22.5% |
| 2010 | 2.98 billion current US$ | -2.6% |
| 2011 | 1.79 billion current US$ | -40.1% |
| 2012 | 2.14 billion current US$ | +19.7% |
| 2013 | 2.23 billion current US$ | +4.4% |
| 2014 | 2.62 billion current US$ | +17.3% |
| 2015 | 2.02 billion current US$ | -23.0% |
| 2016 | 1.82 billion current US$ | -9.6% |
| 2017 | 1.88 billion current US$ | +3.3% |
Libya compared with similar countries
- Libya's 1.88 billion current US$ is below the median for upper middle income countries, which is 4.09 billion current US$, 46% of the median. (59 countries reporting)
- Libya's 1.88 billion current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 10.70 billion current US$, 18% of the median. (21 countries reporting)
Biggest year-on-year movements
Years where Manufacturing, value added (current US$) in Libya changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +143.0% | 640.24 million current US$ | 1.56 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.43 billion current US$ | 640.24 million current US$ | 3.95 billion current US$ | 8 |
| 2010s | 2.19 billion current US$ | 1.79 billion current US$ | 2.98 billion current US$ | 8 |
Countries ranked near Libya
More economy & growth data for Libya
- Real gdp growth, annual growth rate -240.99 % change on previous year (2019)
- 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)
Frequently asked questions
- What is manufacturing, value added in Libya?
- Manufacturing, value added in Libya was 1.88 billion current 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 3.95 billion current US$ in 2008.
- What is the lowest manufacturing, value added recorded in Libya?
- The lowest recorded value was 640.24 million current US$ in 2002.
- How does Libya rank for manufacturing, value added?
- Libya ranks 121st out of 205 countries with data for 2017.
- Is manufacturing, value added rising or falling in Libya?
- Over the last ten years it is down 39.7%. The long-run trend across the full record is rising.
- 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.