Manufacturing, value added in Libya

Libya: Manufacturing, value added was -9.0% in 2017. ◆ Volatile

Latest (2017)
-9.0%
Change on year
down 361.6%
World rank
184th
of 191 countries
All-time high
42.0%
in 2012
All-time low
-52.8%
in 2011
Years of data
11
2007–2017

Manufacturing, value added in Libya, 2007–2017

-60-40-20020402007201220172007: 6.1 annual % growth2008: 3 annual % growth2009: 2.8 annual % growth2010: -16.9 annual % growth2011: -52.8 annual % growth2012: 42 annual % growth2013: 3.1 annual % growth2014: 16.4 annual % growth2015: -9.3 annual % growth2016: -2 annual % growth2017: -9 annual % growth

Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.

Analysis

In 2017, manufacturing, value added in Libya stood at -9.0%.

The figure is down 361.6% on the previous year and down 248.1% over ten years.

Over the whole period, manufacturing, value added in Libya peaked at 42.0% in 2012 and was at its lowest, -52.8%, in 2011.

That places Libya 184th out of 191 countries with data for 2017, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 4.0% 2.8% 6.1% 3
2010s -3.6% -52.8% 42.0% 8

Countries ranked near Libya

  1. 181 Suriname -6.1% compare
  2. 182 Lebanon -6.9% compare
  3. 183 Venezuela -7.2% compare
  4. 185 Bermuda -9.7% compare
  5. 186 Cuba -10.1% compare
  6. 187 Central African Republic -10.3% compare

See the full ranking of 226 places →

More economy & growth data for Libya

All data for Libya →

Frequently asked questions

What is manufacturing, value added in Libya?
Manufacturing, value added in Libya was -9.0% in 2017, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest manufacturing, value added recorded in Libya?
The highest recorded value was 42.0% in 2012.
What is the lowest manufacturing, value added recorded in Libya?
The lowest recorded value was -52.8% in 2011.
How does Libya rank for manufacturing, value added?
Libya ranks 184th out of 191 countries with data for 2017.
Is manufacturing, value added rising or falling in Libya?
Over the last ten years it is down 248.1%. The long-run trend across the full record is volatile.
Where does this Libya data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (annual % growth). Statizoid updates them automatically from the source API.

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About this data

Indicator
Manufacturing, value added (annual % growth)
Unit
annual % growth
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
226 places, 8,906 data points, 1961–2025
Last refreshed

Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.