Services, value added in Libya
Libya: Services, value added was 68.67 billion current LCU in 2025. ▲ Rising
Services, value added in Libya, 2006–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Libya recorded 68.67 billion current LCU for services, value added in 2025. That is the highest value across all 20 years on record.
That represents a change of up 3.4% on the previous year and up 40.9% over ten years.
Over the whole period, services, value added in Libya peaked at 68.67 billion current LCU in 2025 and was at its lowest, 16.97 billion current LCU, in 2006.
Libya ranks 143rd of 206 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Services, value added in Libya, year by year
| Year | current LCU | Change |
|---|---|---|
| 2006 | 16.97 billion current LCU | — |
| 2007 | 21.06 billion current LCU | +24.1% |
| 2008 | 24.02 billion current LCU | +14.1% |
| 2009 | 25.64 billion current LCU | +6.7% |
| 2010 | 30.71 billion current LCU | +19.8% |
| 2011 | 35.63 billion current LCU | +16.0% |
| 2012 | 44.43 billion current LCU | +24.7% |
| 2013 | 47.50 billion current LCU | +6.9% |
| 2014 | 49.52 billion current LCU | +4.3% |
| 2015 | 48.75 billion current LCU | -1.6% |
| 2016 | 54.02 billion current LCU | +10.8% |
| 2017 | 59.97 billion current LCU | +11.0% |
| 2018 | 55.47 billion current LCU | -7.5% |
| 2019 | 54.36 billion current LCU | -2.0% |
| 2020 | 57.47 billion current LCU | +5.7% |
| 2021 | 51.24 billion current LCU | -10.8% |
| 2022 | 55.32 billion current LCU | +8.0% |
| 2023 | 50.81 billion current LCU | -8.2% |
| 2024 | 66.40 billion current LCU | +30.7% |
| 2025 | 68.67 billion current LCU | +3.4% |
Libya compared with similar countries
- Libya's 68.67 billion current LCU is below the median for upper middle income countries, which is 591.41 billion current LCU, 12% of the median. (58 countries reporting)
- Libya's 68.67 billion current LCU is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 891.96 billion current LCU, 8% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.92 billion current LCU | 16.97 billion current LCU | 25.64 billion current LCU | 4 |
| 2010s | 48.04 billion current LCU | 30.71 billion current LCU | 59.97 billion current LCU | 10 |
| 2020s | 58.32 billion current LCU | 50.81 billion current LCU | 68.67 billion current LCU | 6 |
Countries ranked near Libya
- 140 Bulgaria 73.45 billion current LCU compare
- 141 Luxembourg 72.91 billion current LCU compare
- 142 Sierra Leone 70.35 billion current LCU compare
- 144 Puerto Rico 67.14 billion current LCU compare
- 145 Georgia 66.88 billion current LCU compare
- 146 Panama 63.34 billion current LCU 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 68.67 billion current LCU 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 68.67 billion current LCU in 2025.
- What is the lowest services, value added recorded in Libya?
- The lowest recorded value was 16.97 billion current LCU in 2006.
- How does Libya rank for services, value added?
- Libya ranks 143rd out of 206 countries with data for 2025.
- Is services, value added rising or falling in Libya?
- Over the last ten years it is up 40.9%. 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 Services, value added (current LCU). Statizoid updates them automatically from the source API.
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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 defence, 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.