Wage bill as a percentage of GDP in Libya

Libya: Wage bill as a percentage of GDP was 45.1% in 2014. β—† Volatile

Latest (2014)
45.1%
Change on year
up 49.4%
World rank
1st
of 188 countries
All-time high
45.1%
in 2014
All-time low
6.6%
in 2006
Years of data
15
2000–2014

Wage bill as a percentage of GDP in Libya, 2000–2014

10203040502000200720142000: 10.92001: 11.72002: 10.42003: 8.92004: 8.52005: 6.92006: 6.62007: 8.62008: 7.32009: 14.42010: 122011: 34.82012: 162013: 30.22014: 45.1

Source: World Bank.

Analysis

The most recent figure for wage bill as a percentage of gdp in Libya is 45.1%, measured in 2014. That is the highest value across all 15 years on record.

That represents a change of up 49.4% on the previous year and up 428.5% over ten years.

Over the whole period, wage bill as a percentage of gdp in Libya peaked at 45.1% in 2014 and was at its lowest, 6.6%, in 2006.

Libya ranks 1st of 188 countries on this measure, in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 9.4% 6.6% 14.4% 10
2010s 27.6% 12.0% 45.1% 5

Countries ranked near Libya

  1. 1 Djibouti 5.7% compare
  2. 2 Nauru 42.6% compare
  3. 3 Kiribati 38.6%
  4. 4 Tuvalu 31.3% compare

See the full ranking of 190 places β†’

More reference data data for Libya

All data for Libya β†’

Frequently asked questions

What is wage bill as a percentage of gdp in Libya?
Wage bill as a percentage of gdp in Libya was 45.1% in 2014, according to the World Bank.
What is the highest wage bill as a percentage of gdp recorded in Libya?
The highest recorded value was 45.1% in 2014.
What is the lowest wage bill as a percentage of gdp recorded in Libya?
The lowest recorded value was 6.6% in 2006.
How does Libya rank for wage bill as a percentage of gdp?
Libya ranks 1st out of 188 countries with data for 2014.
Is wage bill as a percentage of gdp rising or falling in Libya?
Over the last ten years it is up 428.5%. The long-run trend across the full record is volatile.
Where does this Libya data come from?
The figures come from the World Bank, published as part of Wage bill as a percentage of GDP. Statizoid updates them automatically from the source API.

Download this data

CSV Β· JSON β€” 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Wage bill as a percentage of GDP
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 4,104 data points, 2000–2022
Last refreshed