Military expenditure in Libya
Libya: Military expenditure was 1.57 billion current USD in 2023. ◆ Volatile
Military expenditure in Libya, 1960–2023
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
Libya recorded 1.57 billion current USD for military expenditure in 2023.
That represents a change of up 29.5% on the previous year and down 60.3% over ten years.
Over the whole period, military expenditure in Libya peaked at 3.96 billion current USD in 2013 and was at its lowest, 5.57 million current USD, in 1960.
Libya ranks 71st of 167 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 47.53 million current USD | 5.57 million current USD | 143.08 million current USD | 10 |
| 1970s | 409.55 million current USD | 202.77 million current USD | 853.57 million current USD | 10 |
| 1980s | 780.27 million current USD | 557.34 million current USD | 1.07 billion current USD | 3 |
| 1990s | 1.28 billion current USD | 1.15 billion current USD | 1.44 billion current USD | 3 |
| 2000s | 736.53 million current USD | 452.51 million current USD | 1.10 billion current USD | 9 |
| 2010s | 3.57 billion current USD | 2.99 billion current USD | 3.96 billion current USD | 3 |
| 2020s | 1.39 billion current USD | 1.21 billion current USD | 1.57 billion current USD | 2 |
Countries ranked near Libya
More public sector data for Libya
- Arms imports 5.00 million SIPRI trend indicator values (2024)
- Military expenditure 5.3% (2023)
- Armed forces personnel, total 0 (2020)
- Armed forces personnel 0.0% (2020)
- Statistical performance indicators (SPI): Pillar 1 data use score 20 scale 0-100 (2024)
- Statistical performance indicators (SPI): Pillar 3 data products score 53.76 scale 0-100 (2024)
- Military expenditure 7.57 billion current LCU (2023)
- Proportion of seats held by women in national parliaments 16.5% (2025)
- Military expenditure 5.5% (2023)
- Statistical performance indicators (SPI): Pillar 4 data sources score 10.67 scale 0-100 (2024)
Frequently asked questions
- What is military expenditure in Libya?
- Military expenditure in Libya was 1.57 billion current USD in 2023, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Libya?
- The highest recorded value was 3.96 billion current USD in 2013.
- What is the lowest military expenditure recorded in Libya?
- The lowest recorded value was 5.57 million current USD in 1960.
- How does Libya rank for military expenditure?
- Libya ranks 71st out of 167 countries with data for 2023.
- Is military expenditure rising or falling in Libya?
- Over the last ten years it is down 60.3%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current USD). Statizoid updates them automatically from the source API.
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About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)