Least developed countries vs Libya: Military expenditure (current USD), per unit of GDP

Least developed countries
0.0152 current USD per US$ of GDP
in 2024
Libya
0.0357 current USD per US$ of GDP
in 2023
Least developed countries rank
27th
Libya rank
25th

Military expenditure (current USD), per unit of GDP over time

  • Least developed countries
  • Libya
00.0250.050.0750.10.125196019922024

How they compare

Libya currently reports 0.0357 current USD per US$ of GDP against 0.0152 current USD per US$ of GDP in Least developed countries, a difference of 0.0205 current USD per US$ of GDP.

That makes Libya's figure about 2.3 times Least developed countries's.

The two have swapped places 6 times across 27 shared years of data; in 1973 it was Libya ahead.

Least developed countries ranks 27th and Libya ranks 25th of 41 groups.

Across the 6 decades both report, Least developed countries averaged higher in 3 and Libya in 3.

Head to head by decade

Decade Least developed countries Libya Difference Ahead
1970s 0.0152 current USD per US$ of GDP 0.026 current USD per US$ of GDP 0.0108 current USD per US$ of GDP Libya
1980s 0.0209 current USD per US$ of GDP 0.0209 current USD per US$ of GDP 0.0001 current USD per US$ of GDP Least developed countries
1990s 0.0498 current USD per US$ of GDP 0.0419 current USD per US$ of GDP 0.0079 current USD per US$ of GDP Least developed countries
2000s 0.0631 current USD per US$ of GDP 0.0181 current USD per US$ of GDP 0.045 current USD per US$ of GDP Least developed countries
2010s 0.0195 current USD per US$ of GDP 0.0501 current USD per US$ of GDP 0.0307 current USD per US$ of GDP Libya
2020s 0.0131 current USD per US$ of GDP 0.0319 current USD per US$ of GDP 0.0188 current USD per US$ of GDP Libya

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure (current usd), per unit of gdp, Least developed countries or Libya?
Libya, at 0.0357 current USD per US$ of GDP against 0.0152 current USD per US$ of GDP in Least developed countries as of 2023.
What is the difference in military expenditure (current usd), per unit of gdp between Least developed countries and Libya?
0.0205 current USD per US$ of GDP, with Libya ahead.
How many years of comparable data are there for Least developed countries and Libya?
27 years are reported by both, from 1973 to 2023.
How do Least developed countries and Libya rank globally for military expenditure (current usd), per unit of gdp?
Least developed countries ranks 27th and Libya ranks 25th of 41 groups.
Where does this data come from?
Statizoid (derived), published as Military expenditure (current USD), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Least developed countries vs Libya: Military expenditure (current USD), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd-per-unit-of-gdp/least-developed-countries-un-classification/libya/

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About this data

Indicator
Military expenditure (current USD), per unit of GDP
Unit
current USD per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
210 places, 10,381 data points, 1960–2024
Last refreshed

Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.