Libya Services Value Added
Services value added as % of GDP NV.SRV.TOTL.ZS
Libya's services value added was 1.42% in 2025, ranked 197th globally. This represents a 95.0% decrease from 2024. Data from World Bank, covering 2006–2025.
Overview
Libya's services value added stood at 1.42% in 2025, a decline of +26.92% from 2024. Based on recent trends, this figure is projected to reach 1.42% by 2025. Libya ranked 197th globally.
Libya’s services value added has collapsed dramatically over the past two decades, falling from a high of 88.33 in 2020 to just 1.42 in 2025, a rank of 197 globally. The 2020 peak, recorded during a brief post‑conflict economic resurgence, contrasts sharply with the all‑time trough observed in 2025, reflecting the cumulative impact of prolonged instability, weak institutional capacity and deteriorating infrastructure on the sector’s productivity. By comparison, peer economies such as Guyana (6.15) and Tanzania (27.18) maintain substantially higher service contributions despite facing their own development challenges, underscoring the depth of Libya’s contraction. The 20‑year coverage shows an unprecedented downward trajectory, with the services component shrinking to a fraction of its earlier size and contributing minimally to GDP. Unless substantial political stabilization, investment in digital and tourism infrastructure, and reforms to improve the business climate occur, the services sector is likely to remain at historically low levels.
Data & projection
| Year | Services Value Added | YoY change | Rank |
|---|---|---|---|
| 2027* trend | -24.23% | - | - |
| 2026* trend | -11.40% | - | - |
| 2025* trend | 1.42% | - | - |
| 2025 | 1.42% | −26.92% | #197 |
| 2024 | 28.34% | +4.36% | #2 |
| 2023 | 23.98% | −2.60% | #2 |
| 2022 | 26.58% | −5.65% | #3 |
| 2021 | 32.23% | −56.10% | #5 |
| 2020 | 88.33% | +32.19% | #195 |
| 2019 | 56.14% | +3.14% | #98 |
| 2018 | 52.99% | −11.07% | #75 |
| 2017 | 64.07% | −13.77% | #145 |
| 2016 | 77.84% | +5.39% | #190 |
| 2015 | 72.45% | +4.60% | #177 |
| 2014 | 67.84% | +18.27% | #163 |
| 2013 | 49.57% | +11.52% | #59 |
| 2012 | 38.05% | −22.38% | #17 |
| 2011 | 60.43% | +28.27% | #131 |
Detected Pattern
Analysis
Libya matched the Export Boom Cycle pattern in 2017. Historically, 71% of countries showing this pattern (546 out of 768) saw services value added improve within 24 months. View full analysis →
Frequently Asked Questions
Libya's services value added was 1.42% in 2025. Ranked 197th globally. This represents a 95.0% decrease from the previous year.
Libya's services value added peaked at 88.33% in 2020.
The lowest services value added in Libya was 1.42% in 2025.
Libya ranks 197th globally in services value added as of 2025.
The World Bank indicator code is NV.SRV.TOTL.ZS. Data sourced from World Bank.
Libya's services value added is projected to reach 1.42% by 2025 based on trend extrapolation.
The services value added of Libya in 2025 was 1.42%. This ranks 197th in the world.
Cite this page
@misc{historysaid_libya_services-value-added,
title = {Libya Services Value Added},
url = {https://historysaid.com/libya/services-value-added/},
publisher = {HistorySaid},
year = {2026}
}