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: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for annual growth of the gross capital formation in Libya is -8.4%, measured in 2024.
That represents a change of up 21.7% on the previous year and down 5.4% 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 145th of 167 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% | +451.2% |
| 2016 | -18.7% | -57.3% |
| 2017 | 33.6% | -280.3% |
| 2018 | 33.9% | +0.7% |
| 2019 | -40.3% | -218.8% |
| 2020 | 32.1% | -179.8% |
| 2021 | -6.9% | -121.4% |
| 2022 | -1.3% | -81.5% |
| 2023 | -10.7% | +740.9% |
| 2024 | -8.4% | -21.7% |
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
- 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)
- Services, value added (current US$), annual growth rate -5.8 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.2691 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 1,735 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 3.42 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 1.43 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 9,207 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 7.16 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5912 constant 2015 US$ per US$ of GDP (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 World Bank – processed by Our World in Data.
- 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 145th out of 167 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 5.4%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of the gross capital formation. Statizoid updates them automatically from the source API.
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About this data
Annual growth of the gross capital formation (%).