Libya vs Upper middle income: Military expenditure (current USD), annual growth rate

Libya
29.54 % change on previous year
in 2023
Upper middle income
6.71 % change on previous year
in 2024
Libya rank
24th
Upper middle income rank
23rd

Military expenditure (current USD), annual growth rate over time

  • Libya
  • Upper middle income
-50050100150196119922024

How they compare

Libya currently reports 29.54 % change on previous year against 6.71 % change on previous year in Upper middle income, a difference of 22.83 % change on previous year.

That makes Libya's figure about 4.4 times Upper middle income's.

The two have swapped places 6 times across 14 shared years of data; in 1998 it was Libya ahead.

Libya ranks 24th and Upper middle income ranks 23rd of 164 countries.

Across the 4 decades both report, Libya averaged higher in 2 and Upper middle income in 2.

Head to head by decade

Decade Libya Upper middle income Difference Ahead
1990s -2.4 % change on previous year -0.5706 % change on previous year 1.83 % change on previous year Upper middle income
2000s 4.1 % change on previous year 11.93 % change on previous year 7.83 % change on previous year Upper middle income
2010s 13.72 % change on previous year 6.38 % change on previous year 7.34 % change on previous year Libya
2020s 29.54 % change on previous year 11.2 % change on previous year 18.34 % change on previous year Libya

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure (current usd), annual growth rate, Libya or Upper middle income?
Libya, at 29.54 % change on previous year against 6.71 % change on previous year in Upper middle income as of 2023.
What is the difference in military expenditure (current usd), annual growth rate between Libya and Upper middle income?
22.83 % change on previous year, with Libya ahead.
How many years of comparable data are there for Libya and Upper middle income?
14 years are reported by both, from 1998 to 2023.
How do Libya and Upper middle income rank globally for military expenditure (current usd), annual growth rate?
Libya ranks 24th and Upper middle income ranks 23rd of 164 countries.
Where does this data come from?
Statizoid (derived), published as Military expenditure (current USD), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Libya vs Upper middle income: Military expenditure (current USD), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 27 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd-annual-growth-rate/libya/upper-middle-income/

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About this data

Indicator
Military expenditure (current USD), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 10,048 data points, 1961–2024
Last refreshed

The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.