Mining and quarrying, value added (current LCU) in Libya
Libya: Mining and quarrying, value added (current LCU) was 70.68 billion current LCU in 2008. ▲ Rising
Mining and quarrying, value added in Libya, 2002–2008
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current LCU.
Analysis
Libya recorded 70.68 billion current LCU for mining and quarrying, value added in 2008. That is the highest value across all 7 years on record.
The figure is up 19.9% on the previous year and up 415.4% over ten years.
That places Libya 23rd out of 50 countries with data for 2008, putting it in the middle of the range.
Mining and quarrying, value added (current LCU) in Libya, year by year
| Year | current LCU | Change |
|---|---|---|
| 2002 | 13.71 billion current LCU | — |
| 2003 | 19.30 billion current LCU | +40.8% |
| 2004 | 27.66 billion current LCU | +43.3% |
| 2005 | 43.46 billion current LCU | +57.1% |
| 2006 | 55.65 billion current LCU | +28.1% |
| 2007 | 58.96 billion current LCU | +6.0% |
| 2008 | 70.68 billion current LCU | +19.9% |
Libya compared with similar countries
- Libya's 70.68 billion current LCU is below the median for upper middle income countries, which is 260.38 billion current LCU, 27% of the median. (7 countries reporting)
- Libya's 70.68 billion current LCU is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 50.13 billion current LCU, 1.4× the median. (6 countries reporting)
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 mining and quarrying, value added in Libya?
- Mining and quarrying, value added in Libya was 70.68 billion current LCU in 2008, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest mining and quarrying, value added recorded in Libya?
- The highest recorded value was 70.68 billion current LCU in 2008.
- What is the lowest mining and quarrying, value added recorded in Libya?
- The lowest recorded value was 13.71 billion current LCU in 2002.
- How does Libya rank for mining and quarrying, value added?
- Libya ranks 23rd out of 50 countries with data for 2008.
- Is mining and quarrying, value added rising or falling in Libya?
- Over the last ten years it is up 415.4%. The long-run trend across the full record is rising.
- Where does this Libya data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Mining and quarrying, value added (current LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
Value added in mining and quarrying is defined as the value of output of the mining and quarrying industries less the value of intermediate consumption (intermediate inputs). Mining and quarrying is a subset of industry (ISIC 10-14). Data are in current local currency.