Military spending in Libya

Libya: Military spending was 4.78 billion constant 2022 US$ in 2016. ◆ Volatile

Latest (2016)
4.78 billion constant 2022 US$
Change on year
up 0.9%
World rank
51st
of 172 countries
All-time high
9.05 billion constant 2022 US$
in 1983
All-time low
32.45 million constant 2022 US$
in 1951
Years of data
66
1951–2016

Military spending in Libya, 1951–2016

02.0B4.0B6.0B8.0B10.0B195119832016

Source: Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.

Analysis

The most recent figure for military spending in Libya is 4.78 billion constant 2022 US$, measured in 2016.

That represents a change of up 0.9% on the previous year and up 471.2% over ten years.

Over the whole period, military spending in Libya peaked at 9.05 billion constant 2022 US$ in 1983 and was at its lowest, 32.45 million constant 2022 US$, in 1951.

Libya ranks 51st of 172 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.

Military spending in Libya, year by year

Annual values for Military spending in Libya, 1951 to 2016.
Year constant 2022 US$ Change
1951 32.45 million constant 2022 US$
1952 36.85 million constant 2022 US$ +13.6%
1953 36.87 million constant 2022 US$ +0.1%
1954 37.16 million constant 2022 US$ +0.8%
1955 34.93 million constant 2022 US$ -6.0%
1956 36.88 million constant 2022 US$ +5.6%
1957 38.06 million constant 2022 US$ +3.2%
1958 38.32 million constant 2022 US$ +0.7%
1959 34.75 million constant 2022 US$ -9.3%
1960 36.74 million constant 2022 US$ +5.7%
1961 55.32 million constant 2022 US$ +50.6%
1962 97.17 million constant 2022 US$ +75.7%
1963 113.85 million constant 2022 US$ +17.2%
1964 135.72 million constant 2022 US$ +19.2%
1965 178.49 million constant 2022 US$ +31.5%
1966 234.37 million constant 2022 US$ +31.3%
1967 278.57 million constant 2022 US$ +18.9%
1968 352.00 million constant 2022 US$ +26.4%
1969 487.44 million constant 2022 US$ +38.5%
1970 756.86 million constant 2022 US$ +55.3%
1971 906.74 million constant 2022 US$ +19.8%
1972 929.96 million constant 2022 US$ +2.6%
1973 1.09 billion constant 2022 US$ +17.0%
1974 1.43 billion constant 2022 US$ +31.6%
1975 1.14 billion constant 2022 US$ -20.6%
1976 1.48 billion constant 2022 US$ +30.5%
1977 1.82 billion constant 2022 US$ +22.5%
1978 2.48 billion constant 2022 US$ +36.4%
1979 4.10 billion constant 2022 US$ +65.7%
1980 3.43 billion constant 2022 US$ -16.4%
1981 2.68 billion constant 2022 US$ -22.0%
1982 3.47 billion constant 2022 US$ +29.8%
1983 9.05 billion constant 2022 US$ +160.6%
1984 8.98 billion constant 2022 US$ -0.8%
1985 3.76 billion constant 2022 US$ -58.1%
1986 3.25 billion constant 2022 US$ -13.5%
1987 3.96 billion constant 2022 US$ +21.7%
1988 3.70 billion constant 2022 US$ -6.6%
1989 3.67 billion constant 2022 US$ -0.6%
1990 3.63 billion constant 2022 US$ -1.2%
1991 3.69 billion constant 2022 US$ +1.7%
1992 3.70 billion constant 2022 US$ +0.2%
1993 2.94 billion constant 2022 US$ -20.5%
1994 2.63 billion constant 2022 US$ -10.4%
1995 2.24 billion constant 2022 US$ -14.8%
1996 2.00 billion constant 2022 US$ -11.0%
1997 1.95 billion constant 2022 US$ -2.3%
1998 1.86 billion constant 2022 US$ -4.7%
1999 1.65 billion constant 2022 US$ -10.9%
2000 1.49 billion constant 2022 US$ -9.7%
2001 1.12 billion constant 2022 US$ -25.1%
2002 851.93 million constant 2022 US$ -23.9%
2003 814.52 million constant 2022 US$ -4.4%
2004 904.27 million constant 2022 US$ +11.0%
2005 897.77 million constant 2022 US$ -0.7%
2006 837.59 million constant 2022 US$ -6.7%
2007 886.41 million constant 2022 US$ +5.8%
2008 1.26 billion constant 2022 US$ +41.8%
2009 2.03 billion constant 2022 US$ +61.4%
2010 2.80 billion constant 2022 US$ +38.1%
2011 3.20 billion constant 2022 US$ +14.2%
2012 3.53 billion constant 2022 US$ +10.3%
2013 4.69 billion constant 2022 US$ +32.9%
2014 4.62 billion constant 2022 US$ -1.6%
2015 4.74 billion constant 2022 US$ +2.8%
2016 4.78 billion constant 2022 US$ +0.9%

Libya compared with similar countries

  • Libya's 4.78 billion constant 2022 US$ is above the median for upper middle income countries, which is 1.25 billion constant 2022 US$, 3.8× the median. (49 countries reporting)
  • Libya's 4.78 billion constant 2022 US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 5.51 billion constant 2022 US$, 87% of the median. (22 countries reporting)

Biggest year-on-year movements

Years where Military spending 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.

YearChange FromTo
1983 +160.6% 3.47 billion constant 2022 US$ 9.05 billion constant 2022 US$

Averages by decade

DecadeAverage LowestHighest Years
1950s 36.25 million constant 2022 US$ 32.45 million constant 2022 US$ 38.32 million constant 2022 US$ 9
1960s 196.97 million constant 2022 US$ 36.74 million constant 2022 US$ 487.44 million constant 2022 US$ 10
1970s 1.61 billion constant 2022 US$ 756.86 million constant 2022 US$ 4.10 billion constant 2022 US$ 10
1980s 4.60 billion constant 2022 US$ 2.68 billion constant 2022 US$ 9.05 billion constant 2022 US$ 10
1990s 2.63 billion constant 2022 US$ 1.65 billion constant 2022 US$ 3.70 billion constant 2022 US$ 10
2000s 1.11 billion constant 2022 US$ 814.52 million constant 2022 US$ 2.03 billion constant 2022 US$ 10
2010s 4.05 billion constant 2022 US$ 2.80 billion constant 2022 US$ 4.78 billion constant 2022 US$ 7

Countries ranked near Libya

  1. 48 Czechia 5.11 billion constant 2022 US$ compare
  2. 49 Austria 5.11 billion constant 2022 US$ compare
  3. 50 Egypt 4.83 billion constant 2022 US$ compare
  4. 52 Portugal 4.74 billion constant 2022 US$ compare
  5. 53 Malaysia 4.68 billion constant 2022 US$ compare
  6. 54 Argentina 4.45 billion constant 2022 US$ compare

See the full ranking of 172 places →

More reference data data for Libya

All data for Libya →

Frequently asked questions

What is military spending in Libya?
Military spending in Libya was 4.78 billion constant 2022 US$ in 2016, according to Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
What is the highest military spending recorded in Libya?
The highest recorded value was 9.05 billion constant 2022 US$ in 1983.
What is the lowest military spending recorded in Libya?
The lowest recorded value was 32.45 million constant 2022 US$ in 1951.
How does Libya rank for military spending?
Libya ranks 51st out of 172 countries with data for 2016.
Is military spending rising or falling in Libya?
Over the last ten years it is up 471.2%. The long-run trend across the full record is volatile.
Where does this Libya data come from?
The figures come from Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.

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Military spending in Libya. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 22 September 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/libya/

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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.