Gross value added at basic prices (GVA) in Libya
Libya: Gross value added at basic prices (GVA) was 102.63 billion constant LCU in 2025. ▼ Falling
Gross value added at basic prices (GVA) in Libya, 2006–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
Libya recorded 102.63 billion constant LCU for gross value added at basic prices (gva) in 2025.
Compared with earlier readings it is up 13.3% on the previous year and up 23.4% over ten years.
Over the whole period, gross value added at basic prices (gva) in Libya peaked at 138.14 billion constant LCU in 2007 and was at its lowest, 68.46 billion constant LCU, in 2020.
That places Libya 128th out of 197 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 133.69 billion constant LCU | 128.85 billion constant LCU | 138.14 billion constant LCU | 4 |
| 2010s | 102.01 billion constant LCU | 73.15 billion constant LCU | 136.83 billion constant LCU | 10 |
| 2020s | 86.71 billion constant LCU | 68.46 billion constant LCU | 102.63 billion constant LCU | 6 |
Countries ranked near Libya
More economy & growth data for Libya
- Industry (including construction), value added 73.2% (2025)
- Gross national expenditure 50.86 billion constant 2015 US$ (2025)
- Services, value added 12.94 billion current US$ (2025)
- Gross national expenditure 77.5% (2025)
- Exports of goods and services 34.49 billion current US$ (2025)
- Exports of goods and services 182.99 billion current LCU (2025)
- Exports of goods and services 22.63 billion constant 2015 US$ (2025)
- Exports of goods and services 19.1% (2025)
- Gross fixed capital formation 8.6% (2025)
- Gross fixed capital formation 7.95 billion constant 2015 US$ (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Libya?
- Gross value added at basic prices (gva) in Libya was 102.63 billion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Libya?
- The highest recorded value was 138.14 billion constant LCU in 2007.
- What is the lowest gross value added at basic prices (gva) recorded in Libya?
- The lowest recorded value was 68.46 billion constant LCU in 2020.
- How does Libya rank for gross value added at basic prices (gva)?
- Libya ranks 128th out of 197 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Libya?
- Over the last ten years it is up 23.4%. The long-run trend across the full record is falling.
- Where does this Libya data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. 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.