Services, value added (current LCU), annual growth rate in Libya
Libya: Services, value added (current LCU), annual growth rate was 3.42 % change on previous year in 2025. ◆ Volatile
Services, value added (current LCU), annual growth rate in Libya, 2007–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, services, value added (current lcu), annual growth rate in Libya stood at 3.42 % change on previous year.
Compared with earlier readings it is down 88.9% on the previous year and up 317.9% over ten years.
Over the whole period, services, value added (current lcu), annual growth rate in Libya peaked at 30.69 % change on previous year in 2024 and was at its lowest, -10.85 % change on previous year, in 2021.
Libya ranks 178th of 204 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (current LCU), annual growth rate in Libya, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2007 | 24.14 % change on previous year | — |
| 2008 | 14.06 % change on previous year | -41.7% |
| 2009 | 6.74 % change on previous year | -52.0% |
| 2010 | 19.77 % change on previous year | +193.0% |
| 2011 | 16.02 % change on previous year | -18.9% |
| 2012 | 24.68 % change on previous year | +54.0% |
| 2013 | 6.92 % change on previous year | -72.0% |
| 2014 | 4.27 % change on previous year | -38.3% |
| 2015 | -1.57 % change on previous year | -136.8% |
| 2016 | 10.81 % change on previous year | -789.4% |
| 2017 | 11.02 % change on previous year | +1.9% |
| 2018 | -7.5 % change on previous year | -168.1% |
| 2019 | -2 % change on previous year | -73.3% |
| 2020 | 5.72 % change on previous year | -386.0% |
| 2021 | -10.85 % change on previous year | -289.6% |
| 2022 | 7.96 % change on previous year | -173.4% |
| 2023 | -8.15 % change on previous year | -202.4% |
| 2024 | 30.69 % change on previous year | -476.4% |
| 2025 | 3.42 % change on previous year | -88.9% |
Libya compared with similar countries
- Libya's 3.42 % change on previous year is below the median for upper middle income countries, which is 7.79 % change on previous year, 44% of the median. (58 countries reporting)
- Libya's 3.42 % change on previous year is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 5.94 % change on previous year, 58% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.98 % change on previous year | 6.74 % change on previous year | 24.14 % change on previous year | 3 |
| 2010s | 8.24 % change on previous year | -7.5 % change on previous year | 24.68 % change on previous year | 10 |
| 2020s | 4.8 % change on previous year | -10.85 % change on previous year | 30.69 % change on previous year | 6 |
Countries ranked near Libya
- 175 Sweden 3.64 % change on previous year compare
- 176 Grenada 3.53 % change on previous year compare
- 177 Greenland 3.51 % change on previous year compare
- 179 Sri Lanka 3.4 % change on previous year compare
- 180 Qatar 3.32 % change on previous year compare
- 181 Denmark 3.18 % 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)
- 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 services, value added (current lcu), annual growth rate in Libya?
- Services, value added (current lcu), annual growth rate in Libya was 3.42 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest services, value added (current lcu), annual growth rate recorded in Libya?
- The highest recorded value was 30.69 % change on previous year in 2024.
- What is the lowest services, value added (current lcu), annual growth rate recorded in Libya?
- The lowest recorded value was -10.85 % change on previous year in 2021.
- How does Libya rank for services, value added (current lcu), annual growth rate?
- Libya ranks 178th out of 204 countries with data for 2025.
- Is services, value added (current lcu), annual growth rate rising or falling in Libya?
- Over the last ten years it is up 317.9%. 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (current LCU). 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.