Military spending sipri in Libya

Libya: Military spending sipri was 1.60 billion in 2023. ◆ Volatile

Latest (2023)
1.60 billion
Change on year
up 26.7%
World rank
75th
of 162 countries
All-time high
2.36 billion
in 2013
All-time low
41.70 million
in 1964
Years of data
36
1964–2023

Military spending sipri in Libya, 1964–2023

0500.0M1.0B1.5B2.0B2.5B1964199320231964: 41.7M1965: 50.7M1966: 90.8M1967: 115.1M1968: 137.6M1969: 187.8M1970: 336.1M1971: 346.9M1972: 267.8M1973: 332.9M1974: 442.3M1975: 270.2M1976: 290.5M1977: 401.8M1978: 472.6M1979: 588.1M1980: 674.5M1981: 314.7M1982: 363.3M1997: 353.8M1998: 399.1M1999: 308.2M2000: 329.8M2001: 322.7M2002: 414.7M2003: 516.2M2004: 674.0M2005: 664.0M2006: 584.2M2007: 549.8M2008: 831.0M2012: 1.8B2013: 2.4B2014: 2.2B2022: 1.3B2023: 1.6B

Source: Our World in Data.

Analysis

In 2023, military spending sipri in Libya stood at 1.60 billion.

The figure is up 26.7% on the previous year and down 32.2% over ten years.

Over the whole period, military spending sipri in Libya peaked at 2.36 billion in 2013 and was at its lowest, 41.70 million, in 1964.

Libya ranks 75th of 162 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 sipri in Libya, year by year

Annual values for Military spending sipri in Libya, 1964 to 2023.
Year Value Change
1964 41.70 million —
1965 50.74 million +21.7%
1966 90.85 million +79.0%
1967 115.05 million +26.6%
1968 137.60 million +19.6%
1969 187.82 million +36.5%
1970 336.11 million +78.9%
1971 346.88 million +3.2%
1972 267.84 million -22.8%
1973 332.86 million +24.3%
1974 442.31 million +32.9%
1975 270.24 million -38.9%
1976 290.48 million +7.5%
1977 401.76 million +38.3%
1978 472.57 million +17.6%
1979 588.13 million +24.5%
1980 674.45 million +14.7%
1981 314.71 million -53.3%
1982 363.27 million +15.4%
1997 353.82 million -2.6%
1998 399.11 million +12.8%
1999 308.17 million -22.8%
2000 329.83 million +7.0%
2001 322.68 million -2.2%
2002 414.70 million +28.5%
2003 516.17 million +24.5%
2004 674.03 million +30.6%
2005 663.98 million -1.5%
2006 584.21 million -12.0%
2007 549.84 million -5.9%
2008 830.98 million +51.1%
2012 1.81 billion +117.7%
2013 2.36 billion +30.4%
2014 2.18 billion -7.5%
2022 1.26 billion -42.1%
2023 1.60 billion +26.7%

Libya compared with similar countries

  • Libya's 1.60 billion is below the median for upper middle income countries, which is 1.62 billion, 99% of the median. (46 countries reporting)
  • Libya's 1.60 billion is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 5.93 billion, 27% of the median. (21 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 103.96 million 41.70 million 187.82 million 6
1970s 374.92 million 267.84 million 588.13 million 10
1980s 450.81 million 314.71 million 674.45 million 3
1990s 353.70 million 308.17 million 399.11 million 3
2000s 542.93 million 322.68 million 830.98 million 9
2010s 2.12 billion 1.81 billion 2.36 billion 3
2020s 1.43 billion 1.26 billion 1.60 billion 2

Countries ranked near Libya

  1. 72 Nigeria 1.76 billion compare
  2. 73 Armenia 1.65 billion compare
  3. 74 Latvia 1.60 billion compare
  4. 76 Ireland 1.46 billion compare
  5. 77 Bahrain 1.46 billion compare
  6. 78 Estonia 1.44 billion compare

See the full ranking of 162 places →

More reference data data for Libya

All data for Libya →

Frequently asked questions

What is military spending sipri in Libya?
Military spending sipri in Libya was 1.60 billion in 2023, according to Our World in Data.
What is the highest military spending sipri recorded in Libya?
The highest recorded value was 2.36 billion in 2013.
What is the lowest military spending sipri recorded in Libya?
The lowest recorded value was 41.70 million in 1964.
How does Libya rank for military spending sipri?
Libya ranks 75th out of 162 countries with data for 2023.
Is military spending sipri rising or falling in Libya?
Over the last ten years it is down 32.2%. The long-run trend across the full record is volatile.
Where does this Libya data come from?
The figures come from Our World in Data, published as part of Military spending sipri. Statizoid updates them automatically from the source API.

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Military spending sipri in Libya. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/military-spending-sipri/libya/

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About this data

Indicator
Military spending sipri
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
162 places, 8,341 data points, 1949–2025
Last refreshed