Value Added (Total Manufacturing) — Value Standard Local Currency in Libya
Libya: Value Added (Total Manufacturing) — Value Standard Local Currency was 1,196 million SLC in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Libya, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Libya stood at 1,196 million SLC.
Compared with earlier readings it is up 9.6% on the previous year and down 54.7% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Libya peaked at 4,598 million SLC in 2009 and was at its lowest, 266.24 million SLC, in 1971.
Libya ranks 166th of 207 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 435.79 million SLC | 266.24 million SLC | 732.15 million SLC | 10 |
| 1980s | 1,199 million SLC | 815.23 million SLC | 1,584 million SLC | 10 |
| 1990s | 1,641 million SLC | 1,441 million SLC | 1,811 million SLC | 10 |
| 2000s | 2,871 million SLC | 1,618 million SLC | 4,598 million SLC | 10 |
| 2010s | 2,635 million SLC | 1,803 million SLC | 3,820 million SLC | 10 |
| 2020s | 1,120 million SLC | 958.39 million SLC | 1,234 million SLC | 4 |
Countries ranked near Libya
More economy & growth data for Libya
- External balance on goods and services as a percent of gdp 5.77 (2025)
- Inflation of consumer prices 1.84 (2025)
- Gdp per capita worldbank constant usd 8,634 (2025)
- Manufacturing value added to gdp 2.81 (2017)
- Gdp worldbank constant usd 64.40 billion (2025)
- Gdp per capita in international and market dollars 8,634 (2025)
- DEC alternative conversion factor 5.31 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -22.55 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -4.25 billion current US$ (2025)
- Taxes less subsidies on products -4.24 billion current LCU (2025)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Libya?
- Value added (total manufacturing) — value standard local currency in Libya was 1,196 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in Libya?
- The highest recorded value was 4,598 million SLC in 2009.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Libya?
- The lowest recorded value was 266.24 million SLC in 1971.
- How does Libya rank for value added (total manufacturing) — value standard local currency?
- Libya ranks 166th out of 207 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Libya?
- Over the last ten years it is down 54.7%. 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 (Total Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).