Libya - Industry
Industry, value added (current US$)
The latest value for Industry, value added (current US$) in Libya was $67,569,220,000 as of 2008. Over the past 6 years, the value for this indicator has fluctuated between $67,569,220,000 in 2008 and $13,483,310,000 in 2002.
Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). 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 3. Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 2002 | $13,483,310,000 |
| 2003 | $18,620,700,000 |
| 2004 | $25,385,770,000 |
| 2005 | $37,147,410,000 |
| 2006 | $49,521,560,000 |
| 2007 | $55,910,650,000 |
| 2008 | $67,569,220,000 |
Industry, value added (current LCU)
The value for Industry, value added (current LCU) in Libya was 82,677,700,000 as of 2008. As the graph below shows, over the past 6 years this indicator reached a maximum value of 82,677,700,000 in 2008 and a minimum value of 17,123,800,000 in 2002.
Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). 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 3. Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 2002 | 17,123,800,000 |
| 2003 | 23,834,500,000 |
| 2004 | 33,001,500,000 |
| 2005 | 50,149,000,000 |
| 2006 | 63,387,600,000 |
| 2007 | 68,211,000,000 |
| 2008 | 82,677,700,000 |
Industry, value added (% of GDP)
Industry, value added (% of GDP) in Libya was 78.20 as of 2008. Its highest value over the past 6 years was 78.52 in 2006, while its lowest value was 66.08 in 2002.
Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). 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 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 2002 | 66.08 |
| 2003 | 75.11 |
| 2004 | 68.60 |
| 2005 | 75.47 |
| 2006 | 78.52 |
| 2007 | 76.42 |
| 2008 | 78.20 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
