World Bank · Economy

Libya: Chemicals

16.06percent · 1980+36.2% since 1970

Manufacturing of chemicals and chemical products includes industries classified in ISIC (Rev. 3) division 24. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D). Annual figures for Libya from 1964 to 1980.