Value Added (Total Manufacturing) — Value US$, annual growth rate (US) in Libya
Libya: Value Added (Total Manufacturing) — Value US$, annual growth rate (US) was 1.28 % change on previous year in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$, annual growth rate in Libya, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Libya recorded 1.28 % change on previous year for value added (total manufacturing) — value us$, annual growth rate in 2023.
That represents a change of down 94.5% on the previous year and down 71.0% over ten years.
Over the whole period, value added (total manufacturing) — value us$, annual growth rate in Libya peaked at 50.07 % change on previous year in 1973 and was at its lowest, -40.13 % change on previous year, in 2011.
That places Libya 162nd out of 236 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value US$, annual growth rate (US) in Libya, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 9.14 % change on previous year | — |
| 1972 | 41.48 % change on previous year | +353.9% |
| 1973 | 50.07 % change on previous year | +20.7% |
| 1974 | 29.57 % change on previous year | -40.9% |
| 1975 | 16.96 % change on previous year | -42.6% |
| 1976 | 38.32 % change on previous year | +125.9% |
| 1977 | 37.64 % change on previous year | -1.8% |
| 1978 | 19.25 % change on previous year | -48.9% |
| 1979 | 24.95 % change on previous year | +29.6% |
| 1980 | 3.44 % change on previous year | -86.2% |
| 1981 | 14.1 % change on previous year | +309.3% |
| 1982 | 11.13 % change on previous year | -21.1% |
| 1983 | 12.68 % change on previous year | +14.0% |
| 1984 | 8.63 % change on previous year | -31.9% |
| 1985 | 22.39 % change on previous year | +159.4% |
| 1986 | 9.61 % change on previous year | -57.1% |
| 1987 | -0.5778 % change on previous year | -106.0% |
| 1988 | 26.63 % change on previous year | -4708.9% |
| 1989 | 5.81 % change on previous year | -78.2% |
| 1990 | 17.05 % change on previous year | +193.4% |
| 1991 | 8.73 % change on previous year | -48.8% |
| 1992 | 4.99 % change on previous year | -42.9% |
| 1993 | -9.59 % change on previous year | -292.5% |
| 1994 | -6.06 % change on previous year | -36.8% |
| 1995 | 2.5 % change on previous year | -141.2% |
| 1996 | -9.45 % change on previous year | -478.1% |
| 1997 | 10.38 % change on previous year | -209.8% |
| 1998 | -6.17 % change on previous year | -159.4% |
| 1999 | 11.65 % change on previous year | -289.0% |
| 2000 | -6.65 % change on previous year | -157.1% |
| 2001 | -16.48 % change on previous year | +147.7% |
| 2002 | -37.83 % change on previous year | +129.5% |
| 2003 | 31.93 % change on previous year | -184.4% |
| 2004 | 21.44 % change on previous year | -32.8% |
| 2005 | 27.19 % change on previous year | +26.8% |
| 2006 | 18.63 % change on previous year | -31.5% |
| 2007 | 11.4 % change on previous year | -38.8% |
| 2008 | 26.46 % change on previous year | +132.1% |
| 2009 | -22.51 % change on previous year | -185.1% |
| 2010 | -2.59 % change on previous year | -88.5% |
| 2011 | -40.13 % change on previous year | +1448.0% |
| 2012 | 19.7 % change on previous year | -149.1% |
| 2013 | 4.42 % change on previous year | -77.5% |
| 2014 | 17.27 % change on previous year | +290.4% |
| 2015 | -22.98 % change on previous year | -233.0% |
| 2016 | -9.56 % change on previous year | -58.4% |
| 2017 | 3.32 % change on previous year | -134.7% |
| 2018 | 13.98 % change on previous year | +321.2% |
| 2019 | -6.1 % change on previous year | -143.6% |
| 2020 | -34.03 % change on previous year | +458.2% |
| 2021 | -24.54 % change on previous year | -27.9% |
| 2022 | 23.52 % change on previous year | -195.8% |
| 2023 | 1.28 % change on previous year | -94.5% |
Libya compared with similar countries
- Libya's 1.28 % change on previous year is below the median for upper middle income countries, which is 3.71 % change on previous year, 35% of the median. (54 countries reporting)
- Libya's 1.28 % change on previous year is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is -0.7402 % change on previous year. (22 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value US$, annual growth rate (US) 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 |
|---|---|---|---|
| 1988 | +4708.9% | -0.5778 % change on previous year | 26.63 % change on previous year |
| 2011 | -1448.0% | -2.59 % change on previous year | -40.13 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 29.71 % change on previous year | 9.14 % change on previous year | 50.07 % change on previous year | 9 |
| 1980s | 11.38 % change on previous year | -0.5778 % change on previous year | 26.63 % change on previous year | 10 |
| 1990s | 2.4 % change on previous year | -9.59 % change on previous year | 17.05 % change on previous year | 10 |
| 2000s | 5.36 % change on previous year | -37.83 % change on previous year | 31.93 % change on previous year | 10 |
| 2010s | -2.27 % change on previous year | -40.13 % change on previous year | 19.7 % change on previous year | 10 |
| 2020s | -8.44 % change on previous year | -34.03 % change on previous year | 23.52 % change on previous year | 4 |
Countries ranked near Libya
- 159 Iceland 1.75 % change on previous year compare
- 160 Fiji 1.64 % change on previous year compare
- 161 Bolivia (Plurinational State of) 1.57 % change on previous year compare
- 163 Bermuda 0.9383 % change on previous year compare
- 164 Uganda 0.5853 % change on previous year compare
- 165 Belgium 0.5461 % change on previous year compare
More economy & growth data for Libya
- Real gdp growth, annual growth rate -240.99 % change on previous year (2019)
- 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)
- SDRs holdings, US dollar, annual growth rate 6.09 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.094 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 605.92 units per person (2025)
- SDRs holdings, SDR, annual growth rate 1.03 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0686 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 442.44 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is value added (total manufacturing) — value us$, annual growth rate in Libya?
- Value added (total manufacturing) — value us$, annual growth rate in Libya was 1.28 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value us$, annual growth rate recorded in Libya?
- The highest recorded value was 50.07 % change on previous year in 1973.
- What is the lowest value added (total manufacturing) — value us$, annual growth rate recorded in Libya?
- The lowest recorded value was -40.13 % change on previous year in 2011.
- How does Libya rank for value added (total manufacturing) — value us$, annual growth rate?
- Libya ranks 162nd out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$, annual growth rate rising or falling in Libya?
- Over the last ten years it is down 71.0%. 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 Value Added (Total Manufacturing) — Value US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Value Added (Total Manufacturing) — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value Added (Total Manufacturing) — Value US$ Food and Agriculture Organization of the United Nations
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 Value Added (Total Manufacturing) — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.