Economy
The World Bank — World Development Indicators (CC BY 4.0) · updated 2023-12-31
Libya's military expenditure stands at 5.29% as of 2023-12-31, up from 4.35% in 2022. Historical data runs from 1960 to 2023 (40 observations).
In 2023, Libya's military expenditure was 5.29%, up from 4.35% in 2022.
In 2022, Libya's military expenditure was 4.35%, down from 15.48% in 2014.
In 2014, Libya's military expenditure was 15.48%, up from 7.64% in 2013.
In 2013, Libya's military expenditure was 7.64%, up from 3.75% in 2012.
In 2012, Libya's military expenditure was 3.75%, up from 1.49% in 2008.
| Year | Value | Change |
|---|---|---|
| 2023 | 5.29% | +0.9404% |
| 2022 | 4.35% | -11.13% |
| 2014 | 15.48% | +7.84% |
| 2013 | 7.64% | +3.89% |
| 2012 | 3.75% | +2.26% |
| 2008 | 1.49% | +0.5432% |
| 2007 | 0.9467% | -0.1737% |
| 2006 | 1.12% | -0.4078% |
| 2005 | 1.53% | -0.543% |
| 2004 | 2.07% | -0.001% |
| 2003 | 2.07% | +0.0028% |
| 2002 | 2.07% | -0.3443% |
| 2001 | 2.41% | -0.7334% |
| 2000 | 3.15% | -0.637% |
| 1999 | 3.78% | -1.51% |
| 1998 | 5.3% | +1.22% |
| 1997 | 4.08% | +1.84% |
| 1982 | 2.24% | +0.4854% |
| 1981 | 1.76% | -1.17% |
| 1980 | 2.92% | -0.2984% |
| 1979 | 3.22% | -0.5785% |
| 1978 | 3.8% | +1.34% |
| 1977 | 2.46% | +0.4954% |
| 1976 | 1.97% | -0.2854% |
| 1975 | 2.25% | -1.04% |
| 1974 | 3.29% | -0.6936% |
| 1973 | 3.98% | +0.2752% |
| 1972 | 3.71% | -1.61% |
| 1971 | 5.32% | -0.7503% |
| 1970 | 6.07% | +2.31% |
| 1969 | 3.76% | +0.9069% |
| 1968 | 2.86% | -0.505% |
| 1967 | 3.36% | +0.446% |
| 1966 | 2.91% | +1.06% |
| 1965 | 1.86% | +0.0134% |
| 1964 | 1.84% | -0.5642% |
| 1963 | 2.41% | -0.6962% |
| 1962 | 3.1% | +1.25% |
| 1961 | 1.86% | +0.2631% |
| 1960 | 1.59% | — |
The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).
Libya's military expenditure is 5.29% as of 2023-12-31, compared with 4.35% in 2022. The World Bank — World Development Indicators (CC BY 4.0)
The highest recorded value is 15.48% (2014); the lowest is 0.9467% (2007), across data from 1960 to 2023.
The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.