Libya vs Nigeria: Military spending, gaps filled

Libya
1.60 billion constant 2024 US$
in 2023
Nigeria
1.76 billion constant 2024 US$
in 2025
Libya rank
75th
Nigeria rank
72nd

Military spending, gaps filled over time

  • Libya
  • Nigeria
01.0B2.0B3.0B4.0B5.0B196019922025

How they compare

Nigeria currently reports 1.76 billion constant 2024 US$ against 1.60 billion constant 2024 US$ in Libya, a difference of 156.19 million constant 2024 US$.

That makes Nigeria's figure about 1.1 times Libya's.

The two have swapped places 2 times across 39 shared years of data; in 1964 it was Nigeria ahead.

Libya ranks 75th and Nigeria ranks 72nd of 162 countries.

Across the 7 decades both report, Libya averaged higher in 1 and Nigeria in 6.

Head to head by decade

Decade Libya Nigeria Difference Ahead
1960s 103.96 million constant 2024 US$ 1.00 billion constant 2024 US$ 899.91 million constant 2024 US$ Nigeria
1970s 374.92 million constant 2024 US$ 2.85 billion constant 2024 US$ 2.48 billion constant 2024 US$ Nigeria
1980s 450.81 million constant 2024 US$ 1.40 billion constant 2024 US$ 951.59 million constant 2024 US$ Nigeria
1990s 353.70 million constant 2024 US$ 530.98 million constant 2024 US$ 177.28 million constant 2024 US$ Nigeria
2000s 596.19 million constant 2024 US$ 888.63 million constant 2024 US$ 292.44 million constant 2024 US$ Nigeria
2010s 1.85 billion constant 2024 US$ 1.38 billion constant 2024 US$ 462.50 million constant 2024 US$ Libya
2020s 1.43 billion constant 2024 US$ 1.63 billion constant 2024 US$ 197.31 million constant 2024 US$ Nigeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, gaps filled, Libya or Nigeria?
Nigeria, at 1.76 billion constant 2024 US$ against 1.60 billion constant 2024 US$ in Libya as of 2025.
What is the difference in military spending, gaps filled between Libya and Nigeria?
156.19 million constant 2024 US$, with Nigeria ahead.
How many years of comparable data are there for Libya and Nigeria?
39 years are reported by both, from 1964 to 2023.
How do Libya and Nigeria rank globally for military spending, gaps filled?
Libya ranks 75th and Nigeria ranks 72nd of 162 countries.
Where does this data come from?
Statizoid (derived), published as Military spending, gaps filled. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Libya vs Nigeria: Military spending, gaps filled. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/compare/military-spending-gaps-filled/libya/nigeria/

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About this data

Indicator
Military spending, gaps filled
Unit
constant 2024 US$
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
162 places, 8,449 data points, 1949–2025
Last refreshed

Military spending with 108 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.