Military spending, per unit of GDP in Libya

Libya: Military spending, per unit of GDP was 0.0363 constant 2024 US$ per US$ of GDP in 2023. ◆ Volatile

Latest (2023)
0.0363 constant 2024 US$ per US$ of GDP
Change on year
up 24.5%
World rank
21st
of 160 countries
All-time high
0.073 constant 2024 US$ per US$ of GDP
in 1970
All-time low
0.0081 constant 2024 US$ per US$ of GDP
in 2007
Years of data
36
1964–2023

Military spending, per unit of GDP in Libya, 1964–2023

00.020.040.060.081964199320231964: 0.031 constant 2024 US$ per US$ of GDP1965: 0.028 constant 2024 US$ per US$ of GDP1966: 0.039 constant 2024 US$ per US$ of GDP1967: 0.042 constant 2024 US$ per US$ of GDP1968: 0.036 constant 2024 US$ per US$ of GDP1969: 0.043 constant 2024 US$ per US$ of GDP1970: 0.073 constant 2024 US$ per US$ of GDP1971: 0.066 constant 2024 US$ per US$ of GDP1972: 0.043 constant 2024 US$ per US$ of GDP1973: 0.039 constant 2024 US$ per US$ of GDP1974: 0.029 constant 2024 US$ per US$ of GDP1975: 0.018 constant 2024 US$ per US$ of GDP1976: 0.015 constant 2024 US$ per US$ of GDP1977: 0.018 constant 2024 US$ per US$ of GDP1978: 0.021 constant 2024 US$ per US$ of GDP1979: 0.019 constant 2024 US$ per US$ of GDP1980: 0.016 constant 2024 US$ per US$ of GDP1981: 0.009 constant 2024 US$ per US$ of GDP1982: 0.011 constant 2024 US$ per US$ of GDP1997: 0.012 constant 2024 US$ per US$ of GDP1998: 0.015 constant 2024 US$ per US$ of GDP1999: 0.009 constant 2024 US$ per US$ of GDP2000: 0.009 constant 2024 US$ per US$ of GDP2001: 0.009 constant 2024 US$ per US$ of GDP2002: 0.02 constant 2024 US$ per US$ of GDP2003: 0.02 constant 2024 US$ per US$ of GDP2004: 0.02 constant 2024 US$ per US$ of GDP2005: 0.014 constant 2024 US$ per US$ of GDP2006: 0.01 constant 2024 US$ per US$ of GDP2007: 0.008 constant 2024 US$ per US$ of GDP2008: 0.01 constant 2024 US$ per US$ of GDP2012: 0.02 constant 2024 US$ per US$ of GDP2013: 0.031 constant 2024 US$ per US$ of GDP2014: 0.038 constant 2024 US$ per US$ of GDP2022: 0.029 constant 2024 US$ per US$ of GDP2023: 0.036 constant 2024 US$ per US$ of GDP

Source: Statizoid (derived). Measured in constant 2024 US$ per US$ of GDP.

Analysis

The most recent figure for military spending, per unit of gdp in Libya is 0.0363 constant 2024 US$ per US$ of GDP, measured in 2023.

Compared with earlier readings it is up 24.5% on the previous year and up 16.1% over ten years.

Over the whole period, military spending, per unit of gdp in Libya peaked at 0.073 constant 2024 US$ per US$ of GDP in 1970 and was at its lowest, 0.0081 constant 2024 US$ per US$ of GDP, in 2007.

Libya ranks 21st of 160 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending, per unit of GDP in Libya, year by year

Annual values for Military spending, per unit of GDP in Libya, 1964 to 2023.
Year constant 2024 US$ per US$ of GDP Change
1964 0.0311 constant 2024 US$ per US$ of GDP
1965 0.0281 constant 2024 US$ per US$ of GDP -9.6%
1966 0.0393 constant 2024 US$ per US$ of GDP +39.8%
1967 0.0422 constant 2024 US$ per US$ of GDP +7.4%
1968 0.0357 constant 2024 US$ per US$ of GDP -15.3%
1969 0.0429 constant 2024 US$ per US$ of GDP +20.0%
1970 0.073 constant 2024 US$ per US$ of GDP +70.4%
1971 0.0659 constant 2024 US$ per US$ of GDP -9.7%
1972 0.0425 constant 2024 US$ per US$ of GDP -35.5%
1973 0.0386 constant 2024 US$ per US$ of GDP -9.2%
1974 0.0293 constant 2024 US$ per US$ of GDP -24.2%
1975 0.0184 constant 2024 US$ per US$ of GDP -37.2%
1976 0.0152 constant 2024 US$ per US$ of GDP -17.2%
1977 0.0179 constant 2024 US$ per US$ of GDP +17.8%
1978 0.0213 constant 2024 US$ per US$ of GDP +19.2%
1979 0.0193 constant 2024 US$ per US$ of GDP -9.8%
1980 0.0165 constant 2024 US$ per US$ of GDP -14.5%
1981 0.0087 constant 2024 US$ per US$ of GDP -47.5%
1982 0.0108 constant 2024 US$ per US$ of GDP +24.4%
1997 0.0115 constant 2024 US$ per US$ of GDP +7.1%
1998 0.0146 constant 2024 US$ per US$ of GDP +27.1%
1999 0.0086 constant 2024 US$ per US$ of GDP -41.5%
2000 0.0086 constant 2024 US$ per US$ of GDP +0.6%
2001 0.0095 constant 2024 US$ per US$ of GDP +9.8%
2002 0.0202 constant 2024 US$ per US$ of GDP +114.0%
2003 0.0197 constant 2024 US$ per US$ of GDP -2.9%
2004 0.0203 constant 2024 US$ per US$ of GDP +3.6%
2005 0.014 constant 2024 US$ per US$ of GDP -31.1%
2006 0.0097 constant 2024 US$ per US$ of GDP -30.7%
2007 0.0081 constant 2024 US$ per US$ of GDP -16.9%
2008 0.0096 constant 2024 US$ per US$ of GDP +18.6%
2012 0.0196 constant 2024 US$ per US$ of GDP +104.0%
2013 0.0313 constant 2024 US$ per US$ of GDP +60.1%
2014 0.038 constant 2024 US$ per US$ of GDP +21.5%
2022 0.0292 constant 2024 US$ per US$ of GDP -23.2%
2023 0.0363 constant 2024 US$ per US$ of GDP +24.5%

Libya compared with similar countries

  • Libya's 0.0363 constant 2024 US$ per US$ of GDP is above the median for upper middle income countries, which is 0.0132 constant 2024 US$ per US$ of GDP, 2.7× the median. (46 countries reporting)
  • Libya's 0.0363 constant 2024 US$ per US$ of GDP is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.0385 constant 2024 US$ per US$ of GDP, 94% of the median. (20 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.0365 constant 2024 US$ per US$ of GDP 0.0281 constant 2024 US$ per US$ of GDP 0.0429 constant 2024 US$ per US$ of GDP 6
1970s 0.0341 constant 2024 US$ per US$ of GDP 0.0152 constant 2024 US$ per US$ of GDP 0.073 constant 2024 US$ per US$ of GDP 10
1980s 0.012 constant 2024 US$ per US$ of GDP 0.0087 constant 2024 US$ per US$ of GDP 0.0165 constant 2024 US$ per US$ of GDP 3
1990s 0.0116 constant 2024 US$ per US$ of GDP 0.0086 constant 2024 US$ per US$ of GDP 0.0146 constant 2024 US$ per US$ of GDP 3
2000s 0.0133 constant 2024 US$ per US$ of GDP 0.0081 constant 2024 US$ per US$ of GDP 0.0203 constant 2024 US$ per US$ of GDP 9
2010s 0.0296 constant 2024 US$ per US$ of GDP 0.0196 constant 2024 US$ per US$ of GDP 0.038 constant 2024 US$ per US$ of GDP 3
2020s 0.0328 constant 2024 US$ per US$ of GDP 0.0292 constant 2024 US$ per US$ of GDP 0.0363 constant 2024 US$ per US$ of GDP 2

Countries ranked near Libya

  1. 18 Poland 0.0411 constant 2024 US$ per US$ of GDP compare
  2. 19 Jordan 0.0406 constant 2024 US$ per US$ of GDP compare
  3. 20 Brunei 0.0365 constant 2024 US$ per US$ of GDP compare
  4. 22 Latvia 0.0329 constant 2024 US$ per US$ of GDP compare
  5. 23 Morocco 0.0323 constant 2024 US$ per US$ of GDP compare
  6. 24 Estonia 0.0306 constant 2024 US$ per US$ of GDP compare

See the full ranking of 160 places →

More reference data data for Libya

All data for Libya →

Frequently asked questions

What is military spending, per unit of gdp in Libya?
Military spending, per unit of gdp in Libya was 0.0363 constant 2024 US$ per US$ of GDP in 2023, according to Statizoid (derived).
What is the highest military spending, per unit of gdp recorded in Libya?
The highest recorded value was 0.073 constant 2024 US$ per US$ of GDP in 1970.
What is the lowest military spending, per unit of gdp recorded in Libya?
The lowest recorded value was 0.0081 constant 2024 US$ per US$ of GDP in 2007.
How does Libya rank for military spending, per unit of gdp?
Libya ranks 21st out of 160 countries with data for 2023.
Is military spending, per unit of gdp rising or falling in Libya?
Over the last ten years it is up 16.1%. 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 spending, per unit of GDP. Statizoid updates them automatically from the source API.

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Military spending, per unit of GDP in Libya. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-per-unit-of-gdp/libya/

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How this figure is calculated

Military spending 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 spending ÷ GDP (current US$)

Computed from

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

Indicator
Military spending, per unit of GDP
Unit
constant 2024 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
160 places, 7,842 data points, 1960–2025
Last refreshed

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.