Manufacturing, value added in Libya

Libya: Manufacturing, value added was 1.80 billion constant 2015 US$ in 2017. ▼ Falling

Latest (2017)
1.80 billion constant 2015 US$
Change on year
down 9.0%
World rank
113th
of 185 countries
All-time high
3.33 billion constant 2015 US$
in 2009
All-time low
1.31 billion constant 2015 US$
in 2011
Years of data
12
2006–2017

Manufacturing, value added in Libya, 2006–2017

01.0B2.0B3.0B2006201120172006: 3.0B constant 2015 US$2007: 3.1B constant 2015 US$2008: 3.2B constant 2015 US$2009: 3.3B constant 2015 US$2010: 2.8B constant 2015 US$2011: 1.3B constant 2015 US$2012: 1.9B constant 2015 US$2013: 1.9B constant 2015 US$2014: 2.2B constant 2015 US$2015: 2.0B constant 2015 US$2016: 2.0B constant 2015 US$2017: 1.8B constant 2015 US$

Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.

Analysis

Libya recorded 1.80 billion constant 2015 US$ for manufacturing, value added in 2017.

That represents a change of down 9.0% on the previous year and down 42.8% over ten years.

Over the whole period, manufacturing, value added in Libya peaked at 3.33 billion constant 2015 US$ in 2009 and was at its lowest, 1.31 billion constant 2015 US$, in 2011.

That places Libya 113th out of 185 countries with data for 2017, putting it in the middle of the range.

The long-run direction has been consistently falling across the 12 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 3.17 billion constant 2015 US$ 2.96 billion constant 2015 US$ 3.33 billion constant 2015 US$ 4
2010s 1.98 billion constant 2015 US$ 1.31 billion constant 2015 US$ 2.77 billion constant 2015 US$ 8

Countries ranked near Libya

  1. 110 Palestine 1.91 billion constant 2015 US$ compare
  2. 111 Haiti 1.90 billion constant 2015 US$ compare
  3. 112 Burkina Faso 1.84 billion constant 2015 US$ compare
  4. 114 Equatorial Guinea 1.74 billion constant 2015 US$ compare
  5. 115 Kyrgyzstan 1.74 billion constant 2015 US$ compare
  6. 116 Armenia 1.69 billion constant 2015 US$ compare

See the full ranking of 220 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 1.80 billion constant 2015 US$ 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 3.33 billion constant 2015 US$ in 2009.
What is the lowest manufacturing, value added recorded in Libya?
The lowest recorded value was 1.31 billion constant 2015 US$ in 2011.
How does Libya rank for manufacturing, value added?
Libya ranks 113th out of 185 countries with data for 2017.
Is manufacturing, value added rising or falling in Libya?
Over the last ten years it is down 42.8%. 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 Manufacturing, value added (constant 2015 US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Manufacturing, value added (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
220 places, 8,964 data points, 1960–2025
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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.