Libya - Gross value added at factor cost (current US$)

The latest value for Gross value added at factor cost (current US$) in Libya was $86,407,650,000 as of 2008. Over the past 6 years, the value for this indicator has fluctuated between $86,407,650,000 in 2008 and $20,404,720,000 in 2002.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2002 $20,404,720,000
2003 $24,790,310,000
2004 $37,004,310,000
2005 $50,787,760,000
2006 $61,456,990,000
2007 $70,695,620,000
2008 $86,407,650,000

Aggregation method: Gap-filled total

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts