Labor share of gdp in Libya
Libya: Labor share of gdp was 45.2 in 2020. ◆ Volatile
Labor share of gdp in Libya, 2004–2020
Source: Our World in Data.
Analysis
In 2020, labor share of gdp in Libya stood at 45.2.
Compared with earlier readings it is up 9.2% on the previous year and up 137.9% over ten years.
Over the whole period, labor share of gdp in Libya peaked at 57.9 in 2016 and was at its lowest, 12.2, in 2005.
That places Libya 105th out of 187 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Labor share of gdp in Libya, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 12.3 | — |
| 2005 | 12.2 | -0.8% |
| 2006 | 12.3 | +0.8% |
| 2007 | 14.9 | +21.1% |
| 2008 | 12.8 | -14.1% |
| 2009 | 19.6 | +53.1% |
| 2010 | 19 | -3.1% |
| 2011 | 44.7 | +135.3% |
| 2012 | 24.7 | -44.7% |
| 2013 | 32.9 | +33.2% |
| 2014 | 49.5 | +50.5% |
| 2015 | 56.2 | +13.5% |
| 2016 | 57.9 | +3.0% |
| 2017 | 46.5 | -19.7% |
| 2018 | 42 | -9.7% |
| 2019 | 41.4 | -1.4% |
| 2020 | 45.2 | +9.2% |
Libya compared with similar countries
- Libya's 45.2 is below the median for upper middle income countries, which is 45.7, 99% of the median. (53 countries reporting)
- Libya's 45.2 is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 42.8, 1.1× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Labor share of gdp in Libya changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | +135.3% | 19 | 44.7 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.02 | 12.2 | 19.6 | 6 |
| 2010s | 41.48 | 19 | 57.9 | 10 |
| 2020s | 45.2 | 45.2 | 45.2 | 1 |
Countries ranked near Libya
More work & labour data for Libya
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.1881 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.1642 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.213 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.54 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.4664 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 7,184 1000 No (2050)
- Population - Est. & Proj. — Rural population 939.57 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 4,815 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 4,969 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 9,784 1000 No (2100)
Frequently asked questions
- What is labor share of gdp in Libya?
- Labor share of gdp in Libya was 45.2 in 2020, according to Our World in Data.
- What is the highest labor share of gdp recorded in Libya?
- The highest recorded value was 57.9 in 2016.
- What is the lowest labor share of gdp recorded in Libya?
- The lowest recorded value was 12.2 in 2005.
- How does Libya rank for labor share of gdp?
- Libya ranks 105th out of 187 countries with data for 2020.
- Is labor share of gdp rising or falling in Libya?
- Over the last ten years it is up 137.9%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from Our World in Data, published as part of Labor share of gdp. Statizoid updates them automatically from the source API.
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CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Our World in Data).