Services, value added in Libya
Libya: Services, value added was 28.43 billion constant 2015 US$ in 2025. ▼ Falling
Services, value added in Libya, 2006–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
The most recent figure for services, value added in Libya is 28.43 billion constant 2015 US$, measured in 2025.
Compared with earlier readings it is up 7.2% on the previous year and down 19.4% over ten years.
Over the whole period, services, value added in Libya peaked at 37.62 billion constant 2015 US$ in 2014 and was at its lowest, 20.38 billion constant 2015 US$, in 2020.
That places Libya 88th out of 196 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Services, value added in Libya, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2006 | 20.59 billion constant 2015 US$ | — |
| 2007 | 25.32 billion constant 2015 US$ | +23.0% |
| 2008 | 27.19 billion constant 2015 US$ | +7.4% |
| 2009 | 28.55 billion constant 2015 US$ | +5.0% |
| 2010 | 32.21 billion constant 2015 US$ | +12.8% |
| 2011 | 30.67 billion constant 2015 US$ | -4.8% |
| 2012 | 36.21 billion constant 2015 US$ | +18.1% |
| 2013 | 37.27 billion constant 2015 US$ | +2.9% |
| 2014 | 37.62 billion constant 2015 US$ | +0.9% |
| 2015 | 35.29 billion constant 2015 US$ | -6.2% |
| 2016 | 35.56 billion constant 2015 US$ | +0.8% |
| 2017 | 34.89 billion constant 2015 US$ | -1.9% |
| 2018 | 30.01 billion constant 2015 US$ | -14.0% |
| 2019 | 27.78 billion constant 2015 US$ | -7.4% |
| 2020 | 20.38 billion constant 2015 US$ | -26.6% |
| 2021 | 21.59 billion constant 2015 US$ | +5.9% |
| 2022 | 23.27 billion constant 2015 US$ | +7.8% |
| 2023 | 23.03 billion constant 2015 US$ | -1.0% |
| 2024 | 26.53 billion constant 2015 US$ | +15.2% |
| 2025 | 28.43 billion constant 2015 US$ | +7.2% |
Libya compared with similar countries
- Libya's 28.43 billion constant 2015 US$ is above the median for upper middle income countries, which is 26.58 billion constant 2015 US$, 1.1× the median. (58 countries reporting)
- Libya's 28.43 billion constant 2015 US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 48.28 billion constant 2015 US$, 59% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 25.41 billion constant 2015 US$ | 20.59 billion constant 2015 US$ | 28.55 billion constant 2015 US$ | 4 |
| 2010s | 33.75 billion constant 2015 US$ | 27.78 billion constant 2015 US$ | 37.62 billion constant 2015 US$ | 10 |
| 2020s | 23.87 billion constant 2015 US$ | 20.38 billion constant 2015 US$ | 28.43 billion constant 2015 US$ | 6 |
Countries ranked near Libya
- 85 Azerbaijan 30.43 billion constant 2015 US$ compare
- 86 Belarus 29.76 billion constant 2015 US$ compare
- 87 Jordan 29.71 billion constant 2015 US$ compare
- 89 Bahrain 25.90 billion constant 2015 US$ compare
- 90 Cyprus 25.22 billion constant 2015 US$ compare
- 91 Lebanon 25.14 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$), annual growth rate 12.66 % change on previous year (2025)
Frequently asked questions
- What is services, value added in Libya?
- Services, value added in Libya was 28.43 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Libya?
- The highest recorded value was 37.62 billion constant 2015 US$ in 2014.
- What is the lowest services, value added recorded in Libya?
- The lowest recorded value was 20.38 billion constant 2015 US$ in 2020.
- How does Libya rank for services, value added?
- Libya ranks 88th out of 196 countries with data for 2025.
- Is services, value added rising or falling in Libya?
- Over the last ten years it is down 19.4%. 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 Services, value added (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defense, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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.