Gross fixed capital formation, General government, Current prices in Libya
Libya: Gross fixed capital formation, General government, Current prices was 32.66 in 2008. ◆ Volatile
Gross fixed capital formation, General government, Current prices in Libya, 1970–2008
Source: International Monetary Fund.
Analysis
The most recent figure for gross fixed capital formation, general government, current prices in Libya is 32.66, measured in 2008. That is the highest value across all 39 years on record.
Compared with earlier readings it is up 81.8% on the previous year and up 2,413.5% over ten years.
Over the whole period, gross fixed capital formation, general government, current prices in Libya peaked at 32.66 in 2008 and was at its lowest, 0.2119, in 1970.
Libya ranks 96th of 174 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, General government, Current prices in Libya, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 0.2119 | — |
| 1971 | 0.2513 | +18.6% |
| 1972 | 0.3811 | +51.6% |
| 1973 | 0.5554 | +45.7% |
| 1974 | 0.855 | +53.9% |
| 1975 | 0.9207 | +7.7% |
| 1976 | 1.07 | +16.2% |
| 1977 | 1.19 | +11.6% |
| 1978 | 1.34 | +12.0% |
| 1979 | 1.62 | +21.1% |
| 1980 | 2.16 | +33.4% |
| 1981 | 2.53 | +17.2% |
| 1982 | 2.15 | -14.9% |
| 1983 | 1.93 | -10.5% |
| 1984 | 1.77 | -8.0% |
| 1985 | 1.42 | -19.8% |
| 1986 | 1.26 | -11.7% |
| 1987 | 0.8665 | -31.0% |
| 1988 | 0.9576 | +10.5% |
| 1989 | 1.06 | +10.2% |
| 1990 | 1.04 | -1.9% |
| 1991 | 0.9435 | -8.9% |
| 1992 | 0.9195 | -2.5% |
| 1993 | 1.37 | +49.2% |
| 1994 | 1.48 | +7.9% |
| 1995 | 1.17 | -21.0% |
| 1996 | 1.56 | +33.4% |
| 1997 | 1.54 | -1.0% |
| 1998 | 1.3 | -15.9% |
| 1999 | 1.44 | +10.6% |
| 2000 | 2.11 | +46.6% |
| 2001 | 8.57 | +306.5% |
| 2002 | 12.74 | +48.6% |
| 2003 | 11.91 | -6.5% |
| 2004 | 11.48 | -3.6% |
| 2005 | 14.76 | +28.6% |
| 2006 | 12.5 | -15.3% |
| 2007 | 17.96 | +43.8% |
| 2008 | 32.66 | +81.8% |
Libya compared with similar countries
- Libya's 32.66 is below the median for upper middle income countries, which is 78.55, 42% of the median. (50 countries reporting)
- Libya's 32.66 is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 75.24, 43% of the median. (21 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation, General government, Current prices in Libya changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2001 | +306.5% | 2.11 | 8.57 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.8397 | 0.2119 | 1.62 | 10 |
| 1980s | 1.61 | 0.8665 | 2.53 | 10 |
| 1990s | 1.28 | 0.9195 | 1.56 | 10 |
| 2000s | 13.85 | 2.11 | 32.66 | 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)
- Elected parliament, annual growth rate -100 % change on previous year (2018)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate -100 % change on previous year (2018)
- 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)
Frequently asked questions
- What is gross fixed capital formation, general government, current prices in Libya?
- Gross fixed capital formation, general government, current prices in Libya was 32.66 in 2008, according to International Monetary Fund.
- What is the highest gross fixed capital formation, general government, current prices recorded in Libya?
- The highest recorded value was 32.66 in 2008.
- What is the lowest gross fixed capital formation, general government, current prices recorded in Libya?
- The lowest recorded value was 0.2119 in 1970.
- How does Libya rank for gross fixed capital formation, general government, current prices?
- Libya ranks 96th out of 174 countries with data for 2008.
- Is gross fixed capital formation, general government, current prices rising or falling in Libya?
- Over the last ten years it is up 2,413.5%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, General government, Current prices, Domestic currency. Statizoid updates them automatically from the source API.
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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.