Economy
The World Bank — World Development Indicators (CC BY 4.0) · updated 2023-12-31
Libya's military expenditure stands at 3.57% as of 2023-12-31, up from 2.8% in 2022. Historical data runs from 1960 to 2023 (40 observations).
In 2023, Libya's military expenditure was 3.57%, up from 2.8% in 2022.
In 2022, Libya's military expenditure was 2.8%, down from 6.55% in 2014.
In 2014, Libya's military expenditure was 6.55%, up from 5.26% in 2013.
In 2013, Libya's military expenditure was 5.26%, up from 3.23% in 2012.
In 2012, Libya's military expenditure was 3.23%, up from 1.27% in 2008.
| Year | Value | Change |
|---|---|---|
| 2023 | 3.57% | +0.7687% |
| 2022 | 2.8% | -3.74% |
| 2014 | 6.55% | +1.28% |
| 2013 | 5.26% | +2.03% |
| 2012 | 3.23% | +1.96% |
| 2008 | 1.27% | +0.3292% |
| 2007 | 0.9394% | -0.0829% |
| 2006 | 1.02% | -0.392% |
| 2005 | 1.41% | -0.5974% |
| 2004 | 2.01% | -0.0058% |
| 2003 | 2.02% | -0.1243% |
| 2002 | 2.14% | -0.1866% |
| 2001 | 2.33% | -0.42% |
| 2000 | 2.75% | -0.3583% |
| 1999 | 3.11% | -1.56% |
| 1998 | 4.67% | +0.6589% |
| 1997 | 4.01% | +1.96% |
| 1982 | 2.05% | +0.444% |
| 1981 | 1.61% | -1.07% |
| 1980 | 2.67% | -0.548% |
| 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 3.57% as of 2023-12-31, compared with 2.8% in 2022. The World Bank — World Development Indicators (CC BY 4.0)
The highest recorded value is 6.55% (2014); the lowest is 0.9394% (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.