Libya LY: GDP: Growth: Gross Value Added: Industry

2007 - 2023 | Yearly | % | World Bank

Libya LY: GDP: Growth: Gross Value Added: Industry data was reported at 12.543 % in 2023. This records an increase from the previous number of -12.052 % for 2022. Libya LY: GDP: Growth: Gross Value Added: Industry data is updated yearly, averaging -0.868 % from Dec 2007 (Median) to 2023, with 17 observations. The data reached an all-time high of 223.030 % in 2021 and a record low of -65.341 % in 2011. Libya LY: GDP: Growth: Gross Value Added: Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Libya – Table LY.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for industrial (including construction) value added based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Industry corresponds to ISIC divisions 05-43 and includes manufacturing (ISIC divisions 10-33). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;Note: Data for OECD countries are based on ISIC, revision 4.

View Libya's Libya LY: GDP: Growth: Gross Value Added: Industry from 2007 to 2023 in the chart:

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Libya Libya LY: GDP: Growth: Gross Value Added: Industry
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Libya Libya LY: GDP: Growth: Gross Value Added: Industry

What was Libya's Libya LY: GDP: Growth: Gross Value Added: Industry in 2023?

Last Previous Min Max Unit Frequency Range
12.543 2023 -12.052 2022 -65.341 2011 223.030 2021 % yearly 2007 - 2023

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Libya Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 29,874.070 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 7,095.950 2027 yearly 1980 - 2027
Forecast: Real GDP Growth (%) 3.588 2027 yearly 1980 - 2027
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (LYD bn) 128.676 2029 yearly 1990 - 2029
Forecast: Government Net Debt (LYD bn) 140.430 2021 yearly 1990 - 2021
Forecast: Government Revenue (LYD bn) 131.116 2029 yearly 1990 - 2029
Demographic and Labour Market Last Frequency Range
Forecast: Population (Person mn) 7.194 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 0.000 yearly -
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 2.863 2028 yearly 1980 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) 5.770 2029 yearly 1980 - 2029

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