Oilcrops, Oil Equivalent — Production, annual growth rate in Libya

Libya: Oilcrops, Oil Equivalent — Production, annual growth rate was -9.67 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-9.67 % change on previous year
Change on year
up 34.8%
World rank
174th
of 204 countries
All-time high
415.28 % change on previous year
in 1972
All-time low
-74.82 % change on previous year
in 1971
Years of data
63
1962–2024

Oilcrops, Oil Equivalent — Production, annual growth rate in Libya, 1962–2024

-1000100200300400196219932024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, oilcrops, oil equivalent — production, annual growth rate in Libya stood at -9.67 % change on previous year.

Compared with earlier readings it is up 34.8% on the previous year and down 296.7% over ten years.

Over the whole period, oilcrops, oil equivalent — production, annual growth rate in Libya peaked at 415.28 % change on previous year in 1972 and was at its lowest, -74.82 % change on previous year, in 1971.

That places Libya 174th out of 204 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Oilcrops, Oil Equivalent — Production, annual growth rate in Libya, year by year

Annual values for Oilcrops, Oil Equivalent — Production, annual growth rate in Libya, 1962 to 2024.
Year % change on previous year Change
1962 1.69 % change on previous year
1963 -5.01 % change on previous year -397.2%
1964 -26.57 % change on previous year +430.4%
1965 202.85 % change on previous year -863.5%
1966 -7.07 % change on previous year -103.5%
1967 38.86 % change on previous year -649.6%
1968 3.58 % change on previous year -90.8%
1969 -70.18 % change on previous year -2061.0%
1970 83.47 % change on previous year -219.0%
1971 -74.82 % change on previous year -189.6%
1972 415.28 % change on previous year -655.0%
1973 43.99 % change on previous year -89.4%
1974 -31.96 % change on previous year -172.6%
1975 50.23 % change on previous year -257.2%
1976 2.66 % change on previous year -94.7%
1977 -65.39 % change on previous year -2554.4%
1978 169.39 % change on previous year -359.0%
1979 -25.08 % change on previous year -114.8%
1980 48.59 % change on previous year -293.8%
1981 -3.61 % change on previous year -107.4%
1982 -6.84 % change on previous year +89.6%
1983 1.47 % change on previous year -121.5%
1984 -13.73 % change on previous year -1034.0%
1985 4.55 % change on previous year -133.1%
1986 -5.44 % change on previous year -219.6%
1987 -44.57 % change on previous year +719.6%
1988 5.49 % change on previous year -112.3%
1989 3.91 % change on previous year -28.8%
1990 3.71 % change on previous year -5.0%
1991 13.85 % change on previous year +273.2%
1992 19.36 % change on previous year +39.8%
1993 17.14 % change on previous year -11.5%
1994 14.53 % change on previous year -15.2%
1995 17.95 % change on previous year +23.5%
1996 9.6 % change on previous year -46.5%
1997 2.55 % change on previous year -73.4%
1998 6.01 % change on previous year +135.3%
1999 34 % change on previous year +465.8%
2000 -36.1 % change on previous year -206.2%
2001 -7.26 % change on previous year -79.9%
2002 0.9421 % change on previous year -113.0%
2003 11.17 % change on previous year +1085.4%
2004 5.63 % change on previous year -49.6%
2005 2.46 % change on previous year -56.2%
2006 -2.41 % change on previous year -197.6%
2007 0 % change on previous year -100.0%
2008 0 % change on previous year
2009 -2.37 % change on previous year
2010 0.3875 % change on previous year -116.3%
2011 1.62 % change on previous year +317.1%
2012 -1.12 % change on previous year -169.3%
2013 0.3896 % change on previous year -134.8%
2014 -2.44 % change on previous year -725.8%
2015 -8.94 % change on previous year +266.7%
2016 7.16 % change on previous year -180.1%
2017 -0.6814 % change on previous year -109.5%
2018 -18.78 % change on previous year +2656.5%
2019 -1.53 % change on previous year -91.9%
2020 23.61 % change on previous year -1643.4%
2021 0.1904 % change on previous year -99.2%
2022 -2.88 % change on previous year -1613.9%
2023 -14.82 % change on previous year +414.4%
2024 -9.67 % change on previous year -34.8%

Averages by decade

DecadeAverage LowestHighest Years
1960s 17.27 % change on previous year -70.18 % change on previous year 202.85 % change on previous year 8
1970s 56.78 % change on previous year -74.82 % change on previous year 415.28 % change on previous year 10
1980s -1.02 % change on previous year -44.57 % change on previous year 48.59 % change on previous year 10
1990s 13.87 % change on previous year 2.55 % change on previous year 34 % change on previous year 10
2000s -2.79 % change on previous year -36.1 % change on previous year 11.17 % change on previous year 10
2010s -2.39 % change on previous year -18.78 % change on previous year 7.16 % change on previous year 10
2020s -0.7155 % change on previous year -14.82 % change on previous year 23.61 % change on previous year 5

Countries ranked near Libya

  1. 171 Turkmenistan -9.22 % change on previous year compare
  2. 172 Switzerland -9.3 % change on previous year compare
  3. 173 Malawi -9.57 % change on previous year compare
  4. 175 Nicaragua -9.99 % change on previous year compare
  5. 176 Czechoslovakia -10.18 % change on previous year compare
  6. 177 Serbia and Montenegro -11.33 % change on previous year compare

See the full ranking of 235 places →

More agriculture & rural data for Libya

All data for Libya →

Frequently asked questions

What is oilcrops, oil equivalent — production, annual growth rate in Libya?
Oilcrops, oil equivalent — production, annual growth rate in Libya was -9.67 % change on previous year in 2024, according to Statizoid (derived).
What is the highest oilcrops, oil equivalent — production, annual growth rate recorded in Libya?
The highest recorded value was 415.28 % change on previous year in 1972.
What is the lowest oilcrops, oil equivalent — production, annual growth rate recorded in Libya?
The lowest recorded value was -74.82 % change on previous year in 1971.
How does Libya rank for oilcrops, oil equivalent — production, annual growth rate?
Libya ranks 174th out of 204 countries with data for 2024.
Is oilcrops, oil equivalent — production, annual growth rate rising or falling in Libya?
Over the last ten years it is down 296.7%. The long-run trend across the full record is volatile.
Where does this Libya data come from?
The figures come from Statizoid (derived), published as part of Oilcrops, Oil Equivalent — Production, annual growth rate. Statizoid updates them automatically from the source API.

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Oilcrops, Oil Equivalent — Production, annual growth rate in Libya. Statizoid, drawing on Statizoid (derived). Retrieved 05 September 2026, from https://agriculture.statizoid.com/stat/oilcrops-oil-equivalent-production-annual-growth-rate/libya/

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How this figure is calculated

The year-on-year percentage change in Oilcrops, Oil Equivalent — Production. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Oilcrops, Oil Equivalent — Production, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
235 places, 12,963 data points, 1962–2024
Last refreshed

The year-on-year percentage change in Oilcrops, Oil Equivalent — Production. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.