Industry is the main economic sector in Libya. According to a forecast, the contribution of the industrial sector to the Gross Domestic Product (GDP) in the country would grow by over 115 percent in 2021 compared to the previous year. The value added would increase also in 2024 and 2025. Among Libya's economic sectors, only services was forecast to decline in 2021, registering an annual percentage change of minus eight percent. The GDP contribution of agriculture, the country's weaker sector, would record a growth of three percent in both 2024 and 2025.
Annual percentage change in the contribution to the Gross Domestic Product (GDP) in Libya from 2021 to 2025, by sector
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Economist Intelligence Unit. (March 20, 2024). Annual percentage change in the contribution to the Gross Domestic Product (GDP) in Libya from 2021 to 2025, by sector [Graph]. In Statista. Retrieved December 04, 2024, from https://www.statista.com/statistics/1245547/annual-percentage-change-in-contribution-to-gdp-by-sector-in-libya/
Economist Intelligence Unit. "Annual percentage change in the contribution to the Gross Domestic Product (GDP) in Libya from 2021 to 2025, by sector." Chart. March 20, 2024. Statista. Accessed December 04, 2024. https://www.statista.com/statistics/1245547/annual-percentage-change-in-contribution-to-gdp-by-sector-in-libya/
Economist Intelligence Unit. (2024). Annual percentage change in the contribution to the Gross Domestic Product (GDP) in Libya from 2021 to 2025, by sector. Statista. Statista Inc.. Accessed: December 04, 2024. https://www.statista.com/statistics/1245547/annual-percentage-change-in-contribution-to-gdp-by-sector-in-libya/
Economist Intelligence Unit. "Annual Percentage Change in The Contribution to The Gross Domestic Product (Gdp) in Libya from 2021 to 2025, by Sector." Statista, Statista Inc., 20 Mar 2024, https://www.statista.com/statistics/1245547/annual-percentage-change-in-contribution-to-gdp-by-sector-in-libya/
Economist Intelligence Unit, Annual percentage change in the contribution to the Gross Domestic Product (GDP) in Libya from 2021 to 2025, by sector Statista, https://www.statista.com/statistics/1245547/annual-percentage-change-in-contribution-to-gdp-by-sector-in-libya/ (last visited December 04, 2024)
Annual percentage change in the contribution to the Gross Domestic Product (GDP) in Libya from 2021 to 2025, by sector [Graph], Economist Intelligence Unit, March 20, 2024. [Online]. Available: https://www.statista.com/statistics/1245547/annual-percentage-change-in-contribution-to-gdp-by-sector-in-libya/