Value Added (Total Manufacturing) — Value Standard Local Currency in Libya
Libya: Value Added (Total Manufacturing) — Value Standard Local Currency was 6,047 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
Libya recorded 6,047 million SLC for value added (total manufacturing) — value standard local currency in 2023. That is the highest value across all 54 years on record.
The figure is up 1.3% on the previous year and up 112.9% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Libya peaked at 6,047 million SLC in 2023 and was at its lowest, 24.57 million SLC, in 1970.
Libya ranks 163rd of 231 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value Standard Local Currency in Libya, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 24.57 million SLC | — |
| 1971 | 26.76 million SLC | +8.9% |
| 1972 | 34.95 million SLC | +30.6% |
| 1973 | 47.83 million SLC | +36.9% |
| 1974 | 61.16 million SLC | +27.9% |
| 1975 | 71.53 million SLC | +17.0% |
| 1976 | 98.94 million SLC | +38.3% |
| 1977 | 136.19 million SLC | +37.6% |
| 1978 | 162.4 million SLC | +19.2% |
| 1979 | 202.91 million SLC | +25.0% |
| 1980 | 209.9 million SLC | +3.4% |
| 1981 | 239.5 million SLC | +14.1% |
| 1982 | 266.15 million SLC | +11.1% |
| 1983 | 299.89 million SLC | +12.7% |
| 1984 | 325.78 million SLC | +8.6% |
| 1985 | 398.73 million SLC | +22.4% |
| 1986 | 465.61 million SLC | +16.8% |
| 1987 | 435.96 million SLC | -6.4% |
| 1988 | 531.13 million SLC | +21.8% |
| 1989 | 589.2 million SLC | +10.9% |
| 1990 | 651.82 million SLC | +10.6% |
| 1991 | 702.59 million SLC | +7.8% |
| 1992 | 739.78 million SLC | +5.3% |
| 1993 | 723 million SLC | -2.3% |
| 1994 | 777.33 million SLC | +7.5% |
| 1995 | 956.35 million SLC | +23.0% |
| 1996 | 904.61 million SLC | -5.4% |
| 1997 | 1,054 million SLC | +16.5% |
| 1998 | 1,003 million SLC | -4.8% |
| 1999 | 1,111 million SLC | +10.8% |
| 2000 | 1,145 million SLC | +3.1% |
| 2001 | 1,130 million SLC | -1.3% |
| 2002 | 1,475 million SLC | +30.6% |
| 2003 | 1,980 million SLC | +34.2% |
| 2004 | 2,427 million SLC | +22.6% |
| 2005 | 3,095 million SLC | +27.5% |
| 2006 | 3,686 million SLC | +19.1% |
| 2007 | 3,947 million SLC | +7.1% |
| 2008 | 4,837 million SLC | +22.5% |
| 2009 | 3,840 million SLC | -20.6% |
| 2010 | 3,780 million SLC | -1.6% |
| 2011 | 2,187 million SLC | -42.1% |
| 2012 | 2,698 million SLC | +23.4% |
| 2013 | 2,840 million SLC | +5.3% |
| 2014 | 3,333 million SLC | +17.3% |
| 2015 | 2,786 million SLC | -16.4% |
| 2016 | 2,537 million SLC | -9.0% |
| 2017 | 2,627 million SLC | +3.6% |
| 2018 | 2,933 million SLC | +11.6% |
| 2019 | 2,821 million SLC | -3.8% |
| 2020 | 1,848 million SLC | -34.5% |
| 2021 | 4,534 million SLC | +145.3% |
| 2022 | 5,971 million SLC | +31.7% |
| 2023 | 6,047 million SLC | +1.3% |
Libya compared with similar countries
- Libya's 6,047 million SLC is below the median for upper middle income countries, which is 109,280 million SLC, 6% of the median. (54 countries reporting)
- Libya's 6,047 million SLC is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 151,914 million SLC, 4% of the median. (22 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total 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 | +145.3% | 1,848 million SLC | 4,534 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 86.72 million SLC | 24.57 million SLC | 202.91 million SLC | 10 |
| 1980s | 376.18 million SLC | 209.9 million SLC | 589.2 million SLC | 10 |
| 1990s | 862.27 million SLC | 651.82 million SLC | 1,111 million SLC | 10 |
| 2000s | 2,756 million SLC | 1,130 million SLC | 4,837 million SLC | 10 |
| 2010s | 2,854 million SLC | 2,187 million SLC | 3,780 million SLC | 10 |
| 2020s | 4,600 million SLC | 1,848 million SLC | 6,047 million SLC | 4 |
Countries ranked near Libya
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 (total manufacturing) — value standard local currency in Libya?
- Value added (total manufacturing) — value standard local currency in Libya was 6,047 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 6,047 million SLC in 2023.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Libya?
- The lowest recorded value was 24.57 million SLC in 1970.
- How does Libya rank for value added (total manufacturing) — value standard local currency?
- Libya ranks 163rd out of 231 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 up 112.9%. 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 (Total Manufacturing) — Value Standard Local Currency. 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).