Libya vs Low income: Military expenditure (current USD), per unit of GDP
Libya
0.0357 current USD per US$ of GDP
in 2023
Low income
0.0154 current USD per US$ of GDP
in 2024
Libya rank
25th
Low income rank
26th
Military expenditure (current USD), per unit of GDP over time
- Libya
- Low income
How they compare
Libya currently reports 0.0357 current USD per US$ of GDP against 0.0154 current USD per US$ of GDP in Low income, a difference of 0.0203 current USD per US$ of GDP.
That makes Libya's figure about 2.3 times Low income's.
The two have swapped places 8 times across 28 shared years of data; in 1970 it was Libya ahead.
Libya ranks 25th and Low income ranks 26th of 166 countries.
Across the 6 decades both report, Libya averaged higher in 4 and Low income in 2.
Head to head by decade
| Decade | Libya | Low income | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.0294 current USD per US$ of GDP | 0.028 current USD per US$ of GDP | 0.0014 current USD per US$ of GDP | Libya |
| 1980s | 0.0209 current USD per US$ of GDP | 0.0434 current USD per US$ of GDP | 0.0226 current USD per US$ of GDP | Low income |
| 1990s | 0.0419 current USD per US$ of GDP | 0.031 current USD per US$ of GDP | 0.0109 current USD per US$ of GDP | Libya |
| 2000s | 0.0181 current USD per US$ of GDP | 0.0266 current USD per US$ of GDP | 0.0085 current USD per US$ of GDP | Low income |
| 2010s | 0.0501 current USD per US$ of GDP | 0.0135 current USD per US$ of GDP | 0.0366 current USD per US$ of GDP | Libya |
| 2020s | 0.0319 current USD per US$ of GDP | 0.013 current USD per US$ of GDP | 0.0189 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, Libya or Low income?
- Libya, at 0.0357 current USD per US$ of GDP against 0.0154 current USD per US$ of GDP in Low income as of 2023.
- What is the difference in military expenditure (current usd), per unit of gdp between Libya and Low income?
- 0.0203 current USD per US$ of GDP, with Libya ahead.
- How many years of comparable data are there for Libya and Low income?
- 28 years are reported by both, from 1970 to 2023.
- How do Libya and Low income rank globally for military expenditure (current usd), per unit of gdp?
- Libya ranks 25th and Low income ranks 26th of 166 countries.
- 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.
Individual pages
About this data
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.