Annual growth of the gross capital formation (%) in Libya
Libya: Annual growth of the gross capital formation (%) was -8.4% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Libya, 2011–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual growth of the gross capital formation in Libya is -8.4%, measured in 2024.
Compared with earlier readings it is up 21.7% on the previous year and down 5.5% over ten years.
Over the whole period, annual growth of the gross capital formation in Libya peaked at 246.3% in 2012 and was at its lowest, -72.8%, in 2011.
Libya ranks 153rd of 175 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation (%) in Libya, year by year
| Year | % | Change |
|---|---|---|
| 2011 | -72.8% | — |
| 2012 | 246.3% | -438.6% |
| 2013 | 16.0% | -93.5% |
| 2014 | -7.9% | -149.5% |
| 2015 | -43.7% | +451.5% |
| 2016 | -18.7% | -57.3% |
| 2017 | 33.7% | -280.3% |
| 2018 | 33.9% | +0.7% |
| 2019 | -40.3% | -218.8% |
| 2020 | 32.1% | -179.7% |
| 2021 | -6.9% | -121.4% |
| 2022 | -1.3% | -81.6% |
| 2023 | -10.7% | +744.4% |
| 2024 | -8.4% | -21.7% |
Libya compared with similar countries
- Libya's -8.4% is below the median for upper middle income countries, which is 6.3%. (45 countries reporting)
- Libya's -8.4% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.4%. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 16.3% | -72.8% | 246.3% | 9 |
| 2020s | 1.0% | -10.7% | 32.1% | 5 |
Countries ranked near Libya
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 annual growth of the gross capital formation in Libya?
- Annual growth of the gross capital formation in Libya was -8.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Libya?
- The highest recorded value was 246.3% in 2012.
- What is the lowest annual growth of the gross capital formation recorded in Libya?
- The lowest recorded value was -72.8% in 2011.
- How does Libya rank for annual growth of the gross capital formation?
- Libya ranks 153rd out of 175 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Libya?
- Over the last ten years it is down 5.5%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the gross capital formation (%). Statizoid updates them automatically from the source API.
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