Libya - Manufacturing

Manufacturing, value added (current US$)

The latest value for Manufacturing, value added (current US$) in Libya was $3,879,209,000 as of 2008. Over the past 6 years, the value for this indicator has fluctuated between $3,879,209,000 in 2008 and $640,236,200 in 2002.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. 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 $640,236,200
2003 $1,556,016,000
2004 $1,883,615,000
2005 $2,393,534,000
2006 $2,768,651,000
2007 $3,191,906,000
2008 $3,879,209,000

Manufacturing, value added (current LCU)

The value for Manufacturing, value added (current LCU) in Libya was 4,746,600,000 as of 2008. As the graph below shows, over the past 6 years this indicator reached a maximum value of 4,746,600,000 in 2008 and a minimum value of 813,100,000 in 2002.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. 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 813,100,000
2003 1,991,700,000
2004 2,448,700,000
2005 3,131,700,000
2006 3,636,900,000
2007 4,030,100,000
2008 4,746,600,000

Manufacturing, value added (% of GDP)

Manufacturing, value added (% of GDP) in Libya was 4.45 as of 2008. Its highest value over the past 6 years was 5.92 in 2003, while its lowest value was 3.13 in 2002.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. 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 3.13
2003 5.92
2004 5.69
2005 5.06
2006 5.04
2007 4.73
2008 4.45

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts