Services, value added (constant 2015 US$), annual growth rate in Libya
Libya: Services, value added (constant 2015 US$), annual growth rate was 7.16 % change on previous year in 2025. ◆ Volatile
Services, value added (constant 2015 US$), annual growth rate in Libya, 2007–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, services, value added (constant 2015 us$), annual growth rate in Libya stood at 7.16 % change on previous year.
The figure is down 52.9% on the previous year and up 216.0% over ten years.
Over the whole period, services, value added (constant 2015 us$), annual growth rate in Libya peaked at 22.99 % change on previous year in 2007 and was at its lowest, -26.62 % change on previous year, in 2020.
That places Libya 21st out of 195 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (constant 2015 US$), annual growth rate in Libya, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2007 | 22.99 % change on previous year | — |
| 2008 | 7.38 % change on previous year | -67.9% |
| 2009 | 5.01 % change on previous year | -32.1% |
| 2010 | 12.81 % change on previous year | +155.6% |
| 2011 | -4.79 % change on previous year | -137.4% |
| 2012 | 18.08 % change on previous year | -477.6% |
| 2013 | 2.93 % change on previous year | -83.8% |
| 2014 | 0.9202 % change on previous year | -68.6% |
| 2015 | -6.17 % change on previous year | -770.8% |
| 2016 | 0.7636 % change on previous year | -112.4% |
| 2017 | -1.9 % change on previous year | -348.6% |
| 2018 | -13.98 % change on previous year | +636.2% |
| 2019 | -7.45 % change on previous year | -46.7% |
| 2020 | -26.62 % change on previous year | +257.5% |
| 2021 | 5.89 % change on previous year | -122.1% |
| 2022 | 7.78 % change on previous year | +32.1% |
| 2023 | -1.02 % change on previous year | -113.0% |
| 2024 | 15.22 % change on previous year | -1599.0% |
| 2025 | 7.16 % change on previous year | -52.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.79 % change on previous year | 5.01 % change on previous year | 22.99 % change on previous year | 3 |
| 2010s | 0.1225 % change on previous year | -13.98 % change on previous year | 18.08 % change on previous year | 10 |
| 2020s | 1.4 % change on previous year | -26.62 % change on previous year | 15.22 % change on previous year | 6 |
Countries ranked near Libya
- 18 Iraq 7.86 % change on previous year compare
- 19 Ethiopia 7.52 % change on previous year compare
- 20 Côte d'Ivoire 7.29 % change on previous year compare
- 22 Mali 7.14 % change on previous year compare
- 23 Armenia 6.9 % change on previous year compare
- 24 Congo, Democratic Republic of the 6.78 % change on previous year 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)
- Services, value added (current US$), annual growth rate -5.8 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.2691 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 1,735 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 3.42 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 1.43 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 9,207 current LCU per person (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5912 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 3,812 constant 2015 US$ per person (2025)
Frequently asked questions
- What is services, value added (constant 2015 us$), annual growth rate in Libya?
- Services, value added (constant 2015 us$), annual growth rate in Libya was 7.16 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest services, value added (constant 2015 us$), annual growth rate recorded in Libya?
- The highest recorded value was 22.99 % change on previous year in 2007.
- What is the lowest services, value added (constant 2015 us$), annual growth rate recorded in Libya?
- The lowest recorded value was -26.62 % change on previous year in 2020.
- How does Libya rank for services, value added (constant 2015 us$), annual growth rate?
- Libya ranks 21st out of 195 countries with data for 2025.
- Is services, value added (constant 2015 us$), annual growth rate rising or falling in Libya?
- Over the last ten years it is up 216.0%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Services, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Services, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.