Manufacturing, value added in Libya

Libya: Manufacturing, value added was 2.8% in 2017. ▼ Falling

Latest (2017)
2.8%
Change on year
down 23.2%
World rank
180th
of 204 countries
All-time high
5.9%
in 2003
All-time low
2.3%
in 2012
Years of data
16
2002–2017

Manufacturing, value added in Libya, 2002–2017

02462002200920172002: 3.1 % of GDP2003: 5.9 % of GDP2004: 5.7 % of GDP2005: 5.1 % of GDP2006: 4.7 % of GDP2007: 4.6 % of GDP2008: 4.6 % of GDP2009: 5 % of GDP2010: 4 % of GDP2011: 3.7 % of GDP2012: 2.3 % of GDP2013: 3 % of GDP2014: 4.6 % of GDP2015: 4.1 % of GDP2016: 3.7 % of GDP2017: 2.8 % of GDP

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

Analysis

In 2017, manufacturing, value added in Libya stood at 2.8%.

Compared with earlier readings it is down 23.2% on the previous year and down 38.9% over ten years.

Over the whole period, manufacturing, value added in Libya peaked at 5.9% in 2003 and was at its lowest, 2.3%, in 2012.

That places Libya 180th out of 204 countries with data for 2017, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 16 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 4.8% 3.1% 5.9% 8
2010s 3.5% 2.3% 4.6% 8

Countries ranked near Libya

  1. 177 Marshall Islands 3.2% compare
  2. 178 Andorra 3.1% compare
  3. 179 Curacao 2.9% compare
  4. 181 Greenland 2.7% compare
  5. 182 Antigua and Barbuda 2.4% compare
  6. 183 Aruba 2.4% compare

See the full ranking of 251 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 2.8% 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 5.9% in 2003.
What is the lowest manufacturing, value added recorded in Libya?
The lowest recorded value was 2.3% in 2012.
How does Libya rank for manufacturing, value added?
Libya ranks 180th out of 204 countries with data for 2017.
Is manufacturing, value added rising or falling in Libya?
Over the last ten years it is down 38.9%. 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 (% of GDP). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Manufacturing, value added (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
251 places, 10,062 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.