Adjusted savings: education expenditure (current US$) in Libya
Libya: Adjusted savings: education expenditure (current US$) was 922.73 million current US$ in 2021. ▲ Rising
Adjusted savings: education expenditure in Libya, 2002–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
The most recent figure for adjusted savings: education expenditure in Libya is 922.73 million current US$, measured in 2021.
The figure is down 14.7% on the previous year and down 9.5% over ten years.
Over the whole period, adjusted savings: education expenditure in Libya peaked at 1.91 billion current US$ in 2008 and was at its lowest, 443.45 million current US$, in 2002.
Libya ranks 108th of 195 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Adjusted savings: education expenditure (current US$) in Libya, year by year
| Year | current US$ | Change |
|---|---|---|
| 2002 | 443.45 million current US$ | — |
| 2003 | 572.95 million current US$ | +29.2% |
| 2004 | 702.71 million current US$ | +22.6% |
| 2005 | 1.01 billion current US$ | +43.1% |
| 2006 | 1.31 billion current US$ | +30.1% |
| 2007 | 1.53 billion current US$ | +16.8% |
| 2008 | 1.91 billion current US$ | +25.0% |
| 2009 | 1.31 billion current US$ | -31.3% |
| 2010 | 1.63 billion current US$ | +24.0% |
| 2011 | 1.02 billion current US$ | -37.3% |
| 2012 | 1.91 billion current US$ | +87.1% |
| 2013 | 1.54 billion current US$ | -19.3% |
| 2014 | 1.22 billion current US$ | -21.0% |
| 2015 | 1.05 billion current US$ | -13.8% |
| 2016 | 1.07 billion current US$ | +1.6% |
| 2017 | 1.45 billion current US$ | +35.8% |
| 2018 | 1.64 billion current US$ | +13.4% |
| 2019 | 1.50 billion current US$ | -9.0% |
| 2020 | 1.08 billion current US$ | -27.8% |
| 2021 | 922.73 million current US$ | -14.7% |
Libya compared with similar countries
- Libya's 922.73 million current US$ is below the median for upper middle income countries, which is 1.29 billion current US$, 71% of the median. (55 countries reporting)
- Libya's 922.73 million current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 4.33 billion current US$, 21% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.10 billion current US$ | 443.45 million current US$ | 1.91 billion current US$ | 8 |
| 2010s | 1.40 billion current US$ | 1.02 billion current US$ | 1.91 billion current US$ | 10 |
| 2020s | 1.00 billion current US$ | 922.73 million current US$ | 1.08 billion current US$ | 2 |
Countries ranked near Libya
- 105 Turkmenistan 1.01 billion current US$ compare
- 106 Trinidad and Tobago 967.45 million current US$ compare
- 107 Bahrain 939.06 million current US$ compare
- 109 El Salvador 908.91 million current US$ compare
- 110 Palestine 874.12 million current US$ compare
- 111 Mozambique 831.11 million current US$ compare
More economy & growth data for Libya
- Real gdp growth, annual growth rate -240.99 % change on previous year (2019)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.31 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 6.09 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.094 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 605.92 units per person (2025)
- SDRs holdings, SDR, annual growth rate 1.03 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0686 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 442.44 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in Libya?
- Adjusted savings: education expenditure in Libya was 922.73 million current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Libya?
- The highest recorded value was 1.91 billion current US$ in 2008.
- What is the lowest adjusted savings: education expenditure recorded in Libya?
- The lowest recorded value was 443.45 million current US$ in 2002.
- How does Libya rank for adjusted savings: education expenditure?
- Libya ranks 108th out of 195 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Libya?
- Over the last ten years it is down 9.5%. The long-run trend across the full record is rising.
- Where does this Libya data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: education expenditure (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.