Value Added Deflator (Manufacturing) — Value Standard Local Currency in Libya
Libya: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 505.58 SLC in 2023. ◆ Volatile
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Libya, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
In 2023, value added deflator (manufacturing) — value standard local currency in Libya stood at 505.58 SLC.
The figure is down 7.6% on the previous year and up 369.9% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in Libya peaked at 547.04 SLC in 2022 and was at its lowest, 8.88 SLC, in 1970.
Libya ranks 8th of 194 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Libya, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 8.88 SLC | — |
| 1971 | 10.05 SLC | +13.2% |
| 1972 | 12.33 SLC | +22.7% |
| 1973 | 16.51 SLC | +33.9% |
| 1974 | 16.16 SLC | -2.1% |
| 1975 | 21.03 SLC | +30.2% |
| 1976 | 21.7 SLC | +3.2% |
| 1977 | 21.66 SLC | -0.2% |
| 1978 | 22.18 SLC | +2.4% |
| 1979 | 28.73 SLC | +29.5% |
| 1980 | 25.75 SLC | -10.4% |
| 1981 | 26.45 SLC | +2.7% |
| 1982 | 26.68 SLC | +0.9% |
| 1983 | 25.87 SLC | -3.0% |
| 1984 | 26 SLC | +0.5% |
| 1985 | 25.17 SLC | -3.2% |
| 1986 | 33.14 SLC | +31.7% |
| 1987 | 36.34 SLC | +9.6% |
| 1988 | 41.29 SLC | +13.6% |
| 1989 | 42.6 SLC | +3.2% |
| 1990 | 45.25 SLC | +6.2% |
| 1991 | 42.92 SLC | -5.1% |
| 1992 | 45.41 SLC | +5.8% |
| 1993 | 45.78 SLC | +0.8% |
| 1994 | 52.56 SLC | +14.8% |
| 1995 | 57.33 SLC | +9.1% |
| 1996 | 55.08 SLC | -3.9% |
| 1997 | 59.3 SLC | +7.7% |
| 1998 | 57.39 SLC | -3.2% |
| 1999 | 61.33 SLC | +6.9% |
| 2000 | 66.89 SLC | +9.1% |
| 2001 | 69.82 SLC | +4.4% |
| 2002 | 87.19 SLC | +24.9% |
| 2003 | 101.64 SLC | +16.6% |
| 2004 | 118.13 SLC | +16.2% |
| 2005 | 142.06 SLC | +20.3% |
| 2006 | 90.05 SLC | -36.6% |
| 2007 | 90.89 SLC | +0.9% |
| 2008 | 108.17 SLC | +19.0% |
| 2009 | 83.52 SLC | -22.8% |
| 2010 | 98.96 SLC | +18.5% |
| 2011 | 121.31 SLC | +22.6% |
| 2012 | 105.42 SLC | -13.1% |
| 2013 | 107.6 SLC | +2.1% |
| 2014 | 108.48 SLC | +0.8% |
| 2015 | 100 SLC | -7.8% |
| 2016 | 92.85 SLC | -7.1% |
| 2017 | 105.71 SLC | +13.8% |
| 2018 | 118.06 SLC | +11.7% |
| 2019 | 143.14 SLC | +21.2% |
| 2020 | 192.84 SLC | +34.7% |
| 2021 | 367.28 SLC | +90.5% |
| 2022 | 547.04 SLC | +48.9% |
| 2023 | 505.58 SLC | -7.6% |
Libya compared with similar countries
- Libya's 505.58 SLC is above the median for upper middle income countries, which is 139.05 SLC, 3.6× the median. (51 countries reporting)
- Libya's 505.58 SLC is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 132.94 SLC, 3.8× the median. (21 countries reporting)
Biggest year-on-year movements
Years where Value Added Deflator (Manufacturing) — Value Standard Local Currency in Libya changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +90.5% | 192.84 SLC | 367.28 SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 17.92 SLC | 8.88 SLC | 28.73 SLC | 10 |
| 1980s | 30.93 SLC | 25.17 SLC | 42.6 SLC | 10 |
| 1990s | 52.24 SLC | 42.92 SLC | 61.33 SLC | 10 |
| 2000s | 95.84 SLC | 66.89 SLC | 142.06 SLC | 10 |
| 2010s | 110.15 SLC | 92.85 SLC | 143.14 SLC | 10 |
| 2020s | 403.19 SLC | 192.84 SLC | 547.04 SLC | 4 |
Countries ranked near Libya
- 5 Democratic Republic of the Congo 407.17 SLC compare
- 5 Suriname 1,691 SLC compare
- 6 Haiti 571.27 SLC compare
- 6 Lao People's Democratic Republic 177.49 SLC compare
- 7 Angola 538.74 SLC compare
- 7 Republic of Moldova 167.89 SLC compare
- 8 Democratic People's Republic of Korea 132.57 SLC compare
- 9 Timor-Leste 122.52 SLC compare
- 9 Uzbekistan 444.52 SLC compare
- 10 Sierra Leone 408.26 SLC compare
- 10 Viet Nam 118.81 SLC compare
- 11 Bolivia (Plurinational State of) 114.95 SLC compare
- 11 Nigeria 391.35 SLC 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 value added deflator (manufacturing) — value standard local currency in Libya?
- Value added deflator (manufacturing) — value standard local currency in Libya was 505.58 SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added deflator (manufacturing) — value standard local currency recorded in Libya?
- The highest recorded value was 547.04 SLC in 2022.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Libya?
- The lowest recorded value was 8.88 SLC in 1970.
- How does Libya rank for value added deflator (manufacturing) — value standard local currency?
- Libya ranks 8th out of 194 countries with data for 2023.
- Is value added deflator (manufacturing) — value standard local currency rising or falling in Libya?
- Over the last ten years it is up 369.9%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).