Libya vs Malaysia: Military spending

Libya
4.78 billion constant 2022 US$
in 2016
Malaysia
4.68 billion constant 2022 US$
in 2023
Libya rank
51st
Malaysia rank
53rd

Military spending over time

  • Libya
  • Malaysia
02.0B4.0B6.0B8.0B10.0B195119872023

How they compare

Libya currently reports 4.78 billion constant 2022 US$ against 4.68 billion constant 2022 US$ in Malaysia, a difference of 102.61 million constant 2022 US$.

The two have swapped places 5 times across 60 shared years of data; in 1957 it was Malaysia ahead.

Libya ranks 51st and Malaysia ranks 53rd of 172 countries.

Across the 7 decades both report, Libya averaged higher in 2 and Malaysia in 5.

Head to head by decade

Decade Libya Malaysia Difference Ahead
1950s 37.04 million constant 2022 US$ 401.02 million constant 2022 US$ 363.98 million constant 2022 US$ Malaysia
1960s 196.97 million constant 2022 US$ 579.70 million constant 2022 US$ 382.73 million constant 2022 US$ Malaysia
1970s 1.61 billion constant 2022 US$ 1.59 billion constant 2022 US$ 22.05 million constant 2022 US$ Libya
1980s 4.60 billion constant 2022 US$ 2.84 billion constant 2022 US$ 1.76 billion constant 2022 US$ Libya
1990s 2.63 billion constant 2022 US$ 3.66 billion constant 2022 US$ 1.03 billion constant 2022 US$ Malaysia
2000s 1.11 billion constant 2022 US$ 4.18 billion constant 2022 US$ 3.08 billion constant 2022 US$ Malaysia
2010s 4.05 billion constant 2022 US$ 5.15 billion constant 2022 US$ 1.09 billion constant 2022 US$ Malaysia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, Libya or Malaysia?
Libya, at 4.78 billion constant 2022 US$ against 4.68 billion constant 2022 US$ in Malaysia as of 2016.
What is the difference in military spending between Libya and Malaysia?
102.61 million constant 2022 US$, with Libya ahead.
How many years of comparable data are there for Libya and Malaysia?
60 years are reported by both, from 1957 to 2016.
How do Libya and Malaysia rank globally for military spending?
Libya ranks 51st and Malaysia ranks 53rd of 172 countries.
Where does this data come from?
Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as Military spending. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Libya vs Malaysia: Military spending. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/compare/military-spending-gmsd/libya/malaysia/

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About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.