Military expenditure (current USD), annual growth rate in Libya
Libya: Military expenditure (current USD), annual growth rate was 29.54 % change on previous year in 2023. ◆ Volatile
Military expenditure (current USD), annual growth rate in Libya, 1961–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for military expenditure (current usd), annual growth rate in Libya is 29.54 % change on previous year, measured in 2023.
The figure is down 9.7% over ten years.
Over the whole period, military expenditure (current usd), annual growth rate in Libya peaked at 132.81 % change on previous year in 1962 and was at its lowest, -48.11 % change on previous year, in 1981.
That places Libya 24th out of 164 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 47.86 % change on previous year | 11.91 % change on previous year | 132.81 % change on previous year | 9 |
| 1970s | 24.11 % change on previous year | -33.33 % change on previous year | 69.47 % change on previous year | 10 |
| 1980s | 1.67 % change on previous year | -48.11 % change on previous year | 27.27 % change on previous year | 3 |
| 1990s | -2.4 % change on previous year | -20.1 % change on previous year | 15.31 % change on previous year | 2 |
| 2000s | 4.1 % change on previous year | -44.8 % change on previous year | 72.12 % change on previous year | 9 |
| 2010s | 13.72 % change on previous year | -5.27 % change on previous year | 32.71 % change on previous year | 2 |
| 2020s | 29.54 % change on previous year | 29.54 % change on previous year | 29.54 % change on previous year | 1 |
Countries ranked near Libya
- 21 Germany 31.47 % change on previous year compare
- 22 Niger 31.32 % change on previous year compare
- 23 Montenegro 31.31 % change on previous year compare
- 25 Serbia 29.27 % change on previous year compare
- 26 Czechia 29.05 % change on previous year compare
- 27 Turkmenistan 27.9 % change on previous year compare
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), 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)
- Military expenditure (current USD), per square kilometre 894.37 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), annual growth rate in Libya?
- Military expenditure (current usd), annual growth rate in Libya was 29.54 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest military expenditure (current usd), annual growth rate recorded in Libya?
- The highest recorded value was 132.81 % change on previous year in 1962.
- What is the lowest military expenditure (current usd), annual growth rate recorded in Libya?
- The lowest recorded value was -48.11 % change on previous year in 1981.
- How does Libya rank for military expenditure (current usd), annual growth rate?
- Libya ranks 24th out of 164 countries with data for 2023.
- Is military expenditure (current usd), annual growth rate rising or falling in Libya?
- Over the last ten years it is down 9.7%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from Statizoid (derived), published as part of Military expenditure (current USD), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.