Expenditure, General government, Percent of GDP in Libya
Libya: Expenditure, General government, Percent of GDP was 54.55 in 2030. ▲ Rising
Latest (2030)
54.55
Change on year
down 3.3%
World rank
12th
of 195 countries
All-time high
94.84
in 2024
All-time low
25.65
in 1992
Years of data
40
1991–2030
Expenditure, General government, Percent of GDP in Libya, 1991–2030
Source: International Monetary Fund.
Analysis
The most recent figure for expenditure, general government, percent of gdp in Libya is 54.55, measured in 2030.
Compared with earlier readings it is down 3.3% on the previous year and down 4.9% over ten years.
Over the whole period, expenditure, general government, percent of gdp in Libya peaked at 94.84 in 2024 and was at its lowest, 25.65, in 1992.
That places Libya 12th out of 195 countries with data for 2030, putting it in the top 10%.
The long-run direction has been consistently rising across the 40 years of available data.
Expenditure, General government, Percent of GDP in Libya, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 27.47 | — |
| 1992 | 25.65 | -6.6% |
| 1993 | 30.22 | +17.8% |
| 1994 | 28.53 | -5.6% |
| 1995 | 27.66 | -3.0% |
| 1996 | 30.76 | +11.2% |
| 1997 | 34.32 | +11.6% |
| 1998 | 32.86 | -4.3% |
| 1999 | 26.96 | -18.0% |
| 2000 | 26.77 | -0.7% |
| 2001 | 36.98 | +38.1% |
| 2002 | 40.87 | +10.5% |
| 2003 | 41.72 | +2.1% |
| 2004 | 41.06 | -1.6% |
| 2005 | 28.15 | -31.4% |
| 2006 | 28.49 | +1.2% |
| 2007 | 33.44 | +17.4% |
| 2008 | 41.03 | +22.7% |
| 2009 | 60.28 | +46.9% |
| 2010 | 52.94 | -12.2% |
| 2011 | 39.63 | -25.1% |
| 2012 | 39.38 | -0.6% |
| 2013 | 73.46 | +86.5% |
| 2014 | 60.02 | -18.3% |
| 2015 | 53.52 | -10.8% |
| 2016 | 42.04 | -21.5% |
| 2017 | 34.93 | -16.9% |
| 2018 | 37.56 | +7.5% |
| 2019 | 47.31 | +26.0% |
| 2020 | 57.34 | +21.2% |
| 2021 | 64.71 | +12.8% |
| 2022 | 62.19 | -3.9% |
| 2023 | 65.36 | +5.1% |
| 2024 | 94.84 | +45.1% |
| 2025 | 72.02 | -24.1% |
| 2026 | 62.67 | -13.0% |
| 2027 | 60.22 | -3.9% |
| 2028 | 58.39 | -3.0% |
| 2029 | 56.43 | -3.4% |
| 2030 | 54.55 | -3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 29.38 | 25.65 | 34.32 | 9 |
| 2000s | 37.88 | 26.77 | 60.28 | 10 |
| 2010s | 48.08 | 34.93 | 73.46 | 10 |
| 2020s | 65.42 | 56.43 | 94.84 | 10 |
| 2030s | 54.55 | 54.55 | 54.55 | 1 |
Countries ranked near Libya
More public sector data for Libya
- Arms imports 5.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.6774 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -85.29 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 5.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 215.41 current USD per person (2023)
- Military expenditure (current USD), per unit of GDP 0.0357 current USD per US$ of GDP (2023)
- Military expenditure (current USD), annual growth rate 29.54 % change on previous year (2023)
- Military expenditure (current USD), gaps filled 1.57 billion current USD (2023)
- Arms imports (SIPRI trend indicator values), per square kilometre 19.32 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is expenditure, general government, percent of gdp in Libya?
- Expenditure, general government, percent of gdp in Libya was 54.55 in 2030, according to International Monetary Fund.
- What is the highest expenditure, general government, percent of gdp recorded in Libya?
- The highest recorded value was 94.84 in 2024.
- What is the lowest expenditure, general government, percent of gdp recorded in Libya?
- The lowest recorded value was 25.65 in 1992.
- How does Libya rank for expenditure, general government, percent of gdp?
- Libya ranks 12th out of 195 countries with data for 2030.
- Is expenditure, general government, percent of gdp rising or falling in Libya?
- Over the last ten years it is down 4.9%. The long-run trend across the full record is rising.
- Where does this Libya data come from?
- The figures come from International Monetary Fund, published as part of Expenditure, General government, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October