Libya - Gross value added at factor cost
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 |
Gross value added at factor cost (current LCU)
The value for Gross value added at factor cost (current LCU) in Libya was 105,728,000,000 as of 2008. As the graph below shows, over the past 6 years this indicator reached a maximum value of 105,728,000,000 in 2008 and a minimum value of 25,914,000,000 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 local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 2002 | 25,914,000,000 |
| 2003 | 31,731,600,000 |
| 2004 | 48,105,600,000 |
| 2005 | 66,450,700,000 |
| 2006 | 80,729,900,000 |
| 2007 | 89,260,300,000 |
| 2008 | 105,728,000,000 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
