Military expenditure (current USD), per unit of GDP in Libya
Libya: Military expenditure (current USD), per unit of GDP was 0.0357 current USD per US$ of GDP in 2023. ▲ Rising
Military expenditure (current USD), per unit of GDP in Libya, 1960–2023
Source: Statizoid (derived). Measured in current USD per US$ of GDP.
Analysis
In 2023, military expenditure (current usd), per unit of gdp in Libya stood at 0.0357 current USD per US$ of GDP.
The figure is up 27.2% on the previous year and down 32.1% over ten years.
Over the whole period, military expenditure (current usd), per unit of gdp in Libya peaked at 0.0655 current USD per US$ of GDP in 2014 and was at its lowest, 0.0094 current USD per US$ of GDP, in 2007.
Libya ranks 25th of 166 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 40 years of available data.
Military expenditure (current USD), per unit of GDP in Libya, year by year
| Year | current USD per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.0139 current USD per US$ of GDP | — |
| 1961 | 0.0161 current USD per US$ of GDP | +16.4% |
| 1962 | 0.0269 current USD per US$ of GDP | +66.8% |
| 1963 | 0.0209 current USD per US$ of GDP | -22.3% |
| 1964 | 0.016 current USD per US$ of GDP | -23.5% |
| 1965 | 0.0161 current USD per US$ of GDP | +0.8% |
| 1966 | 0.0253 current USD per US$ of GDP | +56.9% |
| 1967 | 0.0292 current USD per US$ of GDP | +15.2% |
| 1968 | 0.0248 current USD per US$ of GDP | -15.0% |
| 1969 | 0.0327 current USD per US$ of GDP | +31.7% |
| 1970 | 0.0527 current USD per US$ of GDP | +61.3% |
| 1971 | 0.0462 current USD per US$ of GDP | -12.3% |
| 1972 | 0.0322 current USD per US$ of GDP | -30.3% |
| 1973 | 0.0346 current USD per US$ of GDP | +7.4% |
| 1974 | 0.0286 current USD per US$ of GDP | -17.4% |
| 1975 | 0.0196 current USD per US$ of GDP | -31.5% |
| 1976 | 0.0171 current USD per US$ of GDP | -12.7% |
| 1977 | 0.0214 current USD per US$ of GDP | +25.2% |
| 1978 | 0.033 current USD per US$ of GDP | +54.2% |
| 1979 | 0.028 current USD per US$ of GDP | -15.2% |
| 1980 | 0.0262 current USD per US$ of GDP | -6.2% |
| 1981 | 0.0153 current USD per US$ of GDP | -41.6% |
| 1982 | 0.021 current USD per US$ of GDP | +37.1% |
| 1997 | 0.0408 current USD per US$ of GDP | +94.1% |
| 1998 | 0.053 current USD per US$ of GDP | +29.9% |
| 1999 | 0.0321 current USD per US$ of GDP | -39.5% |
| 2000 | 0.0284 current USD per US$ of GDP | -11.5% |
| 2001 | 0.024 current USD per US$ of GDP | -15.3% |
| 2002 | 0.0221 current USD per US$ of GDP | -8.1% |
| 2003 | 0.0206 current USD per US$ of GDP | -6.7% |
| 2004 | 0.0207 current USD per US$ of GDP | +0.3% |
| 2005 | 0.0146 current USD per US$ of GDP | -29.4% |
| 2006 | 0.0102 current USD per US$ of GDP | -30.0% |
| 2007 | 0.0094 current USD per US$ of GDP | -8.1% |
| 2008 | 0.0127 current USD per US$ of GDP | +35.0% |
| 2012 | 0.0323 current USD per US$ of GDP | +154.5% |
| 2013 | 0.0526 current USD per US$ of GDP | +63.0% |
| 2014 | 0.0655 current USD per US$ of GDP | +24.4% |
| 2022 | 0.0281 current USD per US$ of GDP | -57.1% |
| 2023 | 0.0357 current USD per US$ of GDP | +27.2% |
Libya compared with similar countries
- Libya's 0.0357 current USD per US$ of GDP is above the median for upper middle income countries, which is 0.0133 current USD per US$ of GDP, 2.7× the median. (48 countries reporting)
- Libya's 0.0357 current USD per US$ of GDP is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.036 current USD per US$ of GDP, 99% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0222 current USD per US$ of GDP | 0.0139 current USD per US$ of GDP | 0.0327 current USD per US$ of GDP | 10 |
| 1970s | 0.0313 current USD per US$ of GDP | 0.0171 current USD per US$ of GDP | 0.0527 current USD per US$ of GDP | 10 |
| 1980s | 0.0209 current USD per US$ of GDP | 0.0153 current USD per US$ of GDP | 0.0262 current USD per US$ of GDP | 3 |
| 1990s | 0.0419 current USD per US$ of GDP | 0.0321 current USD per US$ of GDP | 0.053 current USD per US$ of GDP | 3 |
| 2000s | 0.0181 current USD per US$ of GDP | 0.0094 current USD per US$ of GDP | 0.0284 current USD per US$ of GDP | 9 |
| 2010s | 0.0501 current USD per US$ of GDP | 0.0323 current USD per US$ of GDP | 0.0655 current USD per US$ of GDP | 3 |
| 2020s | 0.0319 current USD per US$ of GDP | 0.0281 current USD per US$ of GDP | 0.0357 current USD per US$ of GDP | 2 |
Countries ranked near Libya
- 22 Brunei 0.0364 current USD per US$ of GDP compare
- 23 Djibouti 0.0363 current USD per US$ of GDP compare
- 24 Colombia 0.0359 current USD per US$ of GDP compare
- 26 Mali 0.0347 current USD per US$ of GDP compare
- 27 Morocco 0.0344 current USD per US$ of GDP compare
- 28 United States 0.034 current USD per US$ of GDP compare
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 military expenditure (current usd), per unit of gdp in Libya?
- Military expenditure (current usd), per unit of gdp in Libya was 0.0357 current USD per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest military expenditure (current usd), per unit of gdp recorded in Libya?
- The highest recorded value was 0.0655 current USD per US$ of GDP in 2014.
- What is the lowest military expenditure (current usd), per unit of gdp recorded in Libya?
- The lowest recorded value was 0.0094 current USD per US$ of GDP in 2007.
- How does Libya rank for military expenditure (current usd), per unit of gdp?
- Libya ranks 25th out of 166 countries with data for 2023.
- Is military expenditure (current usd), per unit of gdp rising or falling in Libya?
- Over the last ten years it is down 32.1%. The long-run trend across the full record is rising.
- Where does this Libya data come from?
- The figures come from Statizoid (derived), published as part of Military expenditure (current USD), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Military expenditure (current USD) ÷ GDP (current US$)
Computed from
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
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.