Services, value added (current US$), annual growth rate in Libya
Libya: Services, value added (current US$), annual growth rate was -5.8 % change on previous year in 2025. ◆ Volatile
Services, value added (current US$), annual growth rate in Libya, 2007–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for services, value added (current us$), annual growth rate in Libya is -5.8 % change on previous year, measured in 2025.
That represents a change of down 119.2% on the previous year and up 37.8% over ten years.
Over the whole period, services, value added (current us$), annual growth rate in Libya peaked at 30.17 % change on previous year in 2024 and was at its lowest, -72.58 % change on previous year, in 2021.
Libya ranks 196th of 204 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (current US$), annual growth rate in Libya, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2007 | 29.15 % change on previous year | — |
| 2008 | 17.71 % change on previous year | -39.2% |
| 2009 | 4.19 % change on previous year | -76.3% |
| 2010 | 18.51 % change on previous year | +341.6% |
| 2011 | 20.06 % change on previous year | +8.4% |
| 2012 | 20.97 % change on previous year | +4.5% |
| 2013 | 6.07 % change on previous year | -71.0% |
| 2014 | 4.21 % change on previous year | -30.7% |
| 2015 | -9.32 % change on previous year | -321.5% |
| 2016 | 10.08 % change on previous year | -208.1% |
| 2017 | 10.74 % change on previous year | +6.6% |
| 2018 | -5.55 % change on previous year | -151.6% |
| 2019 | -4.33 % change on previous year | -21.9% |
| 2020 | 6.45 % change on previous year | -248.9% |
| 2021 | -72.58 % change on previous year | -1224.8% |
| 2022 | 1.26 % change on previous year | -101.7% |
| 2023 | -8.15 % change on previous year | -745.9% |
| 2024 | 30.17 % change on previous year | -470.2% |
| 2025 | -5.8 % change on previous year | -119.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.02 % change on previous year | 4.19 % change on previous year | 29.15 % change on previous year | 3 |
| 2010s | 7.15 % change on previous year | -9.32 % change on previous year | 20.97 % change on previous year | 10 |
| 2020s | -8.11 % change on previous year | -72.58 % change on previous year | 30.17 % change on previous year | 6 |
Countries ranked near Libya
- 193 Papua New Guinea -0.1907 % change on previous year compare
- 194 Republic of Korea -0.6343 % change on previous year compare
- 195 Japan -3.58 % change on previous year compare
- 197 French Polynesia -7.78 % change on previous year compare
- 198 Egypt -9.22 % change on previous year compare
- 199 Palestine, State of -11.99 % 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$), per unit of GDP 0.2691 current US$ 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$), annual growth rate 7.16 % change on previous year (2025)
- Services, value added (constant 2015 US$), 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 (current us$), annual growth rate in Libya?
- Services, value added (current us$), annual growth rate in Libya was -5.8 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest services, value added (current us$), annual growth rate recorded in Libya?
- The highest recorded value was 30.17 % change on previous year in 2024.
- What is the lowest services, value added (current us$), annual growth rate recorded in Libya?
- The lowest recorded value was -72.58 % change on previous year in 2021.
- How does Libya rank for services, value added (current us$), annual growth rate?
- Libya ranks 196th out of 204 countries with data for 2025.
- Is services, value added (current us$), annual growth rate rising or falling in Libya?
- Over the last ten years it is up 37.8%. 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 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Services, value added (current US$). 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 (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.