Libya LY: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Services

2006 - 2024 | Yearly | USD mn | World Bank

Libya LY: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Services data was reported at 26.534 USD bn in 2024. This records an increase from the previous number of 23.029 USD bn for 2023. Libya LY: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Services data is updated yearly, averaging 35.294 USD bn from Dec 2006 (Median) to 2024, with 19 observations. The data reached an all-time high of 37.616 USD bn in 2014 and a record low of 20.383 USD bn in 2020. Libya LY: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: 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 industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and retaurants, 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 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.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Gap-filled total;

View Libya's Libya LY: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Services from 2006 to 2024 in the chart:

Libya Libya LY: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Services

What was Libya's Libya LY: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Services in 2024?

Last Previous Min Max Unit Frequency Range
24,351.760 2024 22,096.613 2023 20,383.486 2020 37,616.126 2014 USD mn yearly 2006 - 2024

Related Indicators for Libya LY: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Services

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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) 168.169 2030 yearly 1990 - 2030
Forecast: Government Net Debt (LYD bn) 140.430 2021 yearly 1990 - 2021
Forecast: Government Revenue (LYD bn) 164.654 2030 yearly 1990 - 2030
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) 4.510 2030 yearly 1980 - 2030

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