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Libya – Services Value Added

Value added by the services sector as a share of GDP. Includes trade, transport, government, financial, and professional services. · World Bank
28.34% +4.36% from 2023 G20 rank: 2nd · all-time high: 88.33% (2020)

APA

Libya Services Value Added. HistorySaid. Retrieved March 10, 2026, from https://historysaid.com/libya/services-value-added

BibTeX

@misc{historysaid_libya_services-value-added,
  title = {Libya Services Value Added},
  url = {https://historysaid.com/libya/services-value-added},
  publisher = {HistorySaid},
  year = {2026}
}
Data & Projection
YearValueChangeRank
2027* trend -24.23%
2026* trend -11.40%
2025* trend 1.42%
2024 28.34% +4.36% 2nd
2023 23.98% −2.60% 2nd
2022 26.58% −5.65% 3rd
2021 32.23% −56.10% 5th
2020 88.33% +32.19% 195th
2019 56.14% +3.14% 98th
2018 52.99% −11.07% 75th
2017 64.07% −13.77% 145th
2016 77.84% +5.39% 190th
2015 72.45% +4.60% 177th
Show all years (2006–2024)
* Linear trend extrapolation from last 5 data points
Detected Pattern
Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +13.1% GDP growth 32.5% C/A balance 6.6%
This pattern occurred 682 times in G20 history, 460 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%
Reserves YoY
+20.1%
GDP growth
2.8%
C/A balance
3.3%
HistorySaid – pattern alert

In 460 of 682 past occurrences of this pattern, the outcome was successful (67% of cases). Libya matched this pattern in 2017. View full analysis →

HistorySaid

Libya's services value added stood at 28.34% in 2024, a rise of +4.36% from 2023. Based on recent trends, HistorySaid estimates 1.42% by 2025.