Libya vs Papua New Guinea: Services, value added
Services, value added over time
- Libya
- Papua New Guinea
How they compare
Libya currently reports 36.23 billion constant LCU against 32.50 billion constant LCU in Papua New Guinea, a difference of 3.74 billion constant LCU.
That makes Libya's figure about 1.1 times Papua New Guinea's.
The two have swapped places 4 times across 19 shared years of data; in 2006 it was Libya ahead.
Globally, Libya ranks 141st and Papua New Guinea ranks 143rd of 198 countries.
Individual pages
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.