Services, value added in Libya
Libya: Services, value added was 28.43 billion constant 2015 US$ in 2025. ▼ Falling
Services, value added in Libya, 2006–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
The most recent figure for services, value added in Libya is 28.43 billion constant 2015 US$, measured in 2025.
Compared with earlier readings it is up 7.2% on the previous year and down 19.4% over ten years.
Over the whole period, services, value added in Libya peaked at 37.62 billion constant 2015 US$ in 2014 and was at its lowest, 20.38 billion constant 2015 US$, in 2020.
That places Libya 88th out of 195 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 25.41 billion constant 2015 US$ | 20.59 billion constant 2015 US$ | 28.55 billion constant 2015 US$ | 4 |
| 2010s | 33.75 billion constant 2015 US$ | 27.78 billion constant 2015 US$ | 37.62 billion constant 2015 US$ | 10 |
| 2020s | 23.87 billion constant 2015 US$ | 20.38 billion constant 2015 US$ | 28.43 billion constant 2015 US$ | 6 |
Countries ranked near Libya
- 85 Azerbaijan 30.43 billion constant 2015 US$ compare
- 86 Belarus 29.76 billion constant 2015 US$ compare
- 87 Jordan 29.71 billion constant 2015 US$ compare
- 89 Bahrain 25.90 billion constant 2015 US$ compare
- 90 Cyprus 25.22 billion constant 2015 US$ compare
- 91 Lebanon 25.14 billion constant 2015 US$ compare
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 services, value added in Libya?
- Services, value added in Libya was 28.43 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Libya?
- The highest recorded value was 37.62 billion constant 2015 US$ in 2014.
- What is the lowest services, value added recorded in Libya?
- The lowest recorded value was 20.38 billion constant 2015 US$ in 2020.
- How does Libya rank for services, value added?
- Libya ranks 88th out of 195 countries with data for 2025.
- Is services, value added rising or falling in Libya?
- Over the last ten years it is down 19.4%. 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 Services, value added (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defense, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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.