Gross fixed capital formation, General … General Purchasing in Libya
Libya: Gross fixed capital formation, General … General Purchasing was 48.73 in 2008. ▲ Rising
Gross fixed capital formation, General government, Constant prices in Libya, 1960–2008
Source: International Monetary Fund.
Analysis
Libya recorded 48.73 for gross fixed capital formation, general government, constant prices in 2008.
Compared with earlier readings it is up 3.1% on the previous year and up 109.2% over ten years.
Over the whole period, gross fixed capital formation, general government, constant prices in Libya peaked at 69.83 in 1981 and was at its lowest, 23.29, in 1998.
That places Libya 23rd out of 173 countries with data for 2008, putting it in the top quarter.
The long-run direction has been consistently rising across the 49 years of available data.
Gross fixed capital formation, General … General Purchasing in Libya, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 23.47 | — |
| 1961 | 24.41 | +4.0% |
| 1962 | 25.38 | +4.0% |
| 1963 | 26.4 | +4.0% |
| 1964 | 27.45 | +4.0% |
| 1965 | 28.55 | +4.0% |
| 1966 | 29.69 | +4.0% |
| 1967 | 30.88 | +4.0% |
| 1968 | 32.12 | +4.0% |
| 1969 | 33.4 | +4.0% |
| 1970 | 34.62 | +3.7% |
| 1971 | 32.93 | -4.9% |
| 1972 | 36.03 | +9.4% |
| 1973 | 36.68 | +1.8% |
| 1974 | 44.59 | +21.6% |
| 1975 | 45.62 | +2.3% |
| 1976 | 58.39 | +28.0% |
| 1977 | 63.24 | +8.3% |
| 1978 | 64 | +1.2% |
| 1979 | 68.05 | +6.3% |
| 1980 | 63.34 | -6.9% |
| 1981 | 69.83 | +10.2% |
| 1982 | 58.03 | -16.9% |
| 1983 | 50.99 | -12.1% |
| 1984 | 46.18 | -9.4% |
| 1985 | 36.63 | -20.7% |
| 1986 | 32.48 | -11.3% |
| 1987 | 27.65 | -14.8% |
| 1988 | 29.68 | +7.3% |
| 1989 | 31.87 | +7.4% |
| 1990 | 33.4 | +4.8% |
| 1991 | 38.33 | +14.8% |
| 1992 | 36.9 | -3.7% |
| 1993 | 35.29 | -4.4% |
| 1994 | 36.8 | +4.3% |
| 1995 | 24.74 | -32.8% |
| 1996 | 32.4 | +31.0% |
| 1997 | 30.55 | -5.7% |
| 1998 | 23.29 | -23.8% |
| 1999 | 25.12 | +7.8% |
| 2000 | 35.15 | +39.9% |
| 2001 | 33.92 | -3.5% |
| 2002 | 39.72 | +17.1% |
| 2003 | 34.8 | -12.4% |
| 2004 | 41.75 | +20.0% |
| 2005 | 49.35 | +18.2% |
| 2006 | 45.06 | -8.7% |
| 2007 | 47.25 | +4.8% |
| 2008 | 48.73 | +3.1% |
Libya compared with similar countries
- Libya's 48.73 is above the median for upper middle income countries, which is 3.57, 13.6× the median. (50 countries reporting)
- Libya's 48.73 is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 11.42, 4.3× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 28.17 | 23.47 | 33.4 | 10 |
| 1970s | 48.41 | 32.93 | 68.05 | 10 |
| 1980s | 44.67 | 27.65 | 69.83 | 10 |
| 1990s | 31.68 | 23.29 | 38.33 | 10 |
| 2000s | 41.75 | 33.92 | 49.35 | 9 |
Countries ranked near Libya
More public sector data for Libya
- Democracy, annual growth rate -100 % change on previous year (2018)
- Chief executive of the government is elected, annual growth rate -100 % change on previous year (2018)
- Universal right to vote in practice, annual growth rate -100 % change on previous year (2018)
- Elected parliament, annual growth rate -100 % change on previous year (2018)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 0 (2025)
- Chief executive of the government is elected 0 (2025)
- Elected parliament 0 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is gross fixed capital formation, general government, constant prices in Libya?
- Gross fixed capital formation, general government, constant prices in Libya was 48.73 in 2008, according to International Monetary Fund.
- What is the highest gross fixed capital formation, general government, constant prices recorded in Libya?
- The highest recorded value was 69.83 in 1981.
- What is the lowest gross fixed capital formation, general government, constant prices recorded in Libya?
- The lowest recorded value was 23.29 in 1998.
- How does Libya rank for gross fixed capital formation, general government, constant prices?
- Libya ranks 23rd out of 173 countries with data for 2008.
- Is gross fixed capital formation, general government, constant prices rising or falling in Libya?
- Over the last ten years it is up 109.2%. 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 Gross fixed capital formation, General government, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
Download this data
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.