Libya LY: GDP: Real: Gross Value Added at Factor Cost: Services

2006 - 2022 | Yearly | LYD mn | World Bank

Libya LY: GDP: Real: Gross Value Added at Factor Cost: Services data was reported at 35,149.700 LYD mn in 2022. This records an increase from the previous number of 30,564.900 LYD mn for 2021. Libya LY: GDP: Real: Gross Value Added at Factor Cost: Services data is updated yearly, averaging 39,079.300 LYD mn from Dec 2006 to 2022, with 17 observations. The data reached an all-time high of 47,935.700 LYD mn in 2014 and a record low of 26,235.300 LYD mn in 2006. Libya LY: GDP: Real: Gross Value Added at Factor Cost: Services 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: Real. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges and import duties. 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 industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency.;World Bank national accounts data, and OECD National Accounts data files.;;Note: Data for OECD countries are based on ISIC, revision 4.

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Libya Libya LY: GDP: Real: Gross Value Added at Factor Cost: Services
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Libya Libya LY: GDP: Real: Gross Value Added at Factor Cost: Services

What was Libya's Libya LY: GDP: Real: Gross Value Added at Factor Cost: Services in 2022?

Last Previous Min Max Unit Frequency Range
35,149.700 2022 30,564.900 2021 26,235.300 2006 47,935.700 2014 LYD mn yearly 2006 - 2022

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Libya Key Series

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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) 131.563 2028 yearly 1990 - 2028
Forecast: Government Net Debt (LYD bn) 140.430 2021 yearly 1990 - 2021
Forecast: Government Revenue (LYD bn) 137.273 2028 yearly 1990 - 2028
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) 7.305 2028 yearly 1980 - 2028

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