Manufacturing, value added in Libya
Libya: Manufacturing, value added was 1.80 billion constant 2015 US$ in 2017. ▼ Falling
Manufacturing, value added in Libya, 2006–2017
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$, in 2011.
That places Libya 113th out of 185 countries with data for 2017, putting it in the middle of the range.
The long-run direction has been consistently falling across the 12 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.17 billion constant 2015 US$ | 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
- 110 Palestine 1.91 billion constant 2015 US$ compare
- 111 Haiti 1.90 billion constant 2015 US$ compare
- 112 Burkina Faso 1.84 billion constant 2015 US$ compare
- 114 Equatorial Guinea 1.74 billion constant 2015 US$ compare
- 115 Kyrgyzstan 1.74 billion constant 2015 US$ compare
- 116 Armenia 1.69 billion constant 2015 US$ compare
More economy & growth data for Libya
- Services, value added 12.94 billion current US$ (2025)
- Gross national expenditure 50.86 billion constant 2015 US$ (2025)
- Services, value added 68.67 billion current LCU (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 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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CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.