Wage bill as a percentage of GDP in Libya
Libya: Wage bill as a percentage of GDP was 45.1% in 2014. ◆ Volatile
Wage bill as a percentage of GDP in Libya, 2000–2014
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 191 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Wage bill as a percentage of GDP in Libya, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 10.9% | — |
| 2001 | 11.7% | +7.5% |
| 2002 | 10.4% | -11.9% |
| 2003 | 8.9% | -14.1% |
| 2004 | 8.5% | -4.1% |
| 2005 | 6.9% | -19.4% |
| 2006 | 6.6% | -3.9% |
| 2007 | 8.6% | +29.8% |
| 2008 | 7.3% | -15.2% |
| 2009 | 14.4% | +97.9% |
| 2010 | 12.0% | -16.6% |
| 2011 | 34.8% | +189.9% |
| 2012 | 16.0% | -54.0% |
| 2013 | 30.2% | +88.3% |
| 2014 | 45.1% | +49.4% |
Libya compared with similar countries
- Libya's 45.1% is above the median for upper middle income countries, which is 8.4%, 5.4× the median. (57 countries reporting)
- Libya's 45.1% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 9.1%, 4.9× the median. (21 countries reporting)
Biggest year-on-year movements
Years where Wage bill as a percentage of GDP 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.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | +189.9% | 12.0% | 34.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.4% | 6.6% | 14.4% | 10 |
| 2010s | 27.6% | 12.0% | 45.1% | 5 |
Countries ranked near Libya
More reference data data for Libya
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0637 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.56 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.03 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.021 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.03 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.2136 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0873 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 5.82 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 7.82 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1144 (2050)
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 191 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 · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).