Libya: Military expenditure (% of GDP)
In , Libya's Military expenditure (% of GDP) was 5.29.
That's up 21.6% from 2022, the highest value since .
The global average for this indicator in 2023 was 2.20 .
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS) • Data as of 2023
Trend (2005–2023)
- 2010 · Arab Spring begins
Highlights
- Peak
- 15.48
- Trough
- 0.95
- 1-year change
- +21.6%
- 10-year change
- -30.8%
- -3.6% / yr
Historical Data — Last 10 Years
| Year | Military expenditure (% of GDP) |
|---|---|
| 5.2871 | |
| 4.3467 | |
| 15.4796 | |
| 7.6393 | |
| 3.7456 | |
| 1.4899 | |
| 0.9467 | |
| 1.1203 | |
| 1.5281 |
About Military expenditure (% of GDP)
Military expenditure by country as percentage of gross domestic product
Indicator code: MS.MIL.XPND.GD.ZS • Category: Public Sector
Frequently asked questions
- What was Libya's Military expenditure (% of GDP) in 2023?
- In 2023, Libya's Military expenditure (% of GDP) was 5.29, according to World Bank Open Data.
- Is Libya's Military expenditure (% of GDP) rising or falling?
- Libya's Military expenditure (% of GDP) rose 21.6% from 2022 to 2023.
- How does Libya's Military expenditure (% of GDP) compare to the world average?
- The global average for Military expenditure (% of GDP) in 2023 was 2.20, so Libya is above the world average.
- What is Military expenditure (% of GDP) and how is it measured?
- Military expenditure by country as percentage of gross domestic product
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS), CC BY 4.0.