Services, value added in Libya

Libya: Services, value added was 12.94 billion current US$ in 2025. ▼ Falling

Latest (2025)
12.94 billion current US$
Change on year
down 5.8%
World rank
117th
of 205 countries
All-time high
43.03 billion current US$
in 2017
All-time low
10.56 billion current US$
in 2023
Years of data
20
2006–2025

Services, value added in Libya, 2006–2025

10.0B20.0B30.0B40.0B2006201520252006: 12.9B current US$2007: 16.7B current US$2008: 19.6B current US$2009: 20.5B current US$2010: 24.2B current US$2011: 29.1B current US$2012: 35.2B current US$2013: 37.4B current US$2014: 38.9B current US$2015: 35.3B current US$2016: 38.9B current US$2017: 43.0B current US$2018: 40.6B current US$2019: 38.9B current US$2020: 41.4B current US$2021: 11.3B current US$2022: 11.5B current US$2023: 10.6B current US$2024: 13.7B current US$2025: 12.9B current US$

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

Analysis

In 2025, services, value added in Libya stood at 12.94 billion current US$.

That represents a change of down 5.8% on the previous year and down 63.3% over ten years.

Over the whole period, services, value added in Libya peaked at 43.03 billion current US$ in 2017 and was at its lowest, 10.56 billion current US$, in 2023.

That places Libya 117th out of 205 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

DecadeAverage LowestHighest Years
2000s 17.42 billion current US$ 12.92 billion current US$ 20.46 billion current US$ 4
2010s 36.15 billion current US$ 24.24 billion current US$ 43.03 billion current US$ 10
2020s 16.91 billion current US$ 10.56 billion current US$ 41.39 billion current US$ 6

Countries ranked near Libya

  1. 114 Albania 15.18 billion current US$ compare
  2. 115 Trinidad and Tobago 15.17 billion current US$ compare
  3. 116 Jamaica 13.59 billion current US$ compare
  4. 118 Papua New Guinea 12.93 billion current US$ compare
  5. 119 Botswana 12.88 billion current US$ compare
  6. 120 Moldova 12.51 billion current US$ compare

See the full ranking of 252 places →

More economy & growth data for Libya

All data for Libya →

Frequently asked questions

What is services, value added in Libya?
Services, value added in Libya was 12.94 billion current 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 43.03 billion current US$ in 2017.
What is the lowest services, value added recorded in Libya?
The lowest recorded value was 10.56 billion current US$ in 2023.
How does Libya rank for services, value added?
Libya ranks 117th out of 205 countries with data for 2025.
Is services, value added rising or falling in Libya?
Over the last ten years it is down 63.3%. 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 (current 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

Indicator
Services, value added (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
252 places, 10,748 data points, 1960–2025
Last refreshed

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 defence, 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.