Government spending vs. GDP in Libya
Libya: Government spending vs. GDP was 23.45 billion constant 2015 US$ in 2025. ▼ Falling
Government spending vs. GDP in Libya, 2010–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in constant 2015 US$.
Analysis
In 2025, government spending vs. gdp in Libya stood at 23.45 billion constant 2015 US$.
That represents a change of up 18.0% on the previous year and down 5.3% over ten years.
Over the whole period, government spending vs. gdp in Libya peaked at 24.79 billion constant 2015 US$ in 2014 and was at its lowest, 14.95 billion constant 2015 US$, in 2018.
That places Libya 56th out of 163 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 16 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 20.63 billion constant 2015 US$ | 14.95 billion constant 2015 US$ | 24.79 billion constant 2015 US$ | 10 |
| 2020s | 19.41 billion constant 2015 US$ | 17.84 billion constant 2015 US$ | 23.45 billion constant 2015 US$ | 6 |
Countries ranked near Libya
- 53 Hungary 29.79 billion constant 2015 US$ compare
- 54 Kazakhstan 27.69 billion constant 2015 US$ compare
- 55 Cuba 25.64 billion constant 2015 US$ compare
- 57 Ukraine 22.64 billion constant 2015 US$ compare
- 58 Bangladesh 20.64 billion constant 2015 US$ compare
- 59 Slovakia 18.73 billion constant 2015 US$ compare
More economy & growth data for Libya
- External balance on goods and services as a percent of GDP 5.8% (2025)
- Inflation of consumer prices 1.8% (2025)
- GDP per capita 8,634 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 2.8% (2017)
- Gross domestic product (GDP) 64.40 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 8,634 constant 2015 US$ (2025)
- DEC alternative conversion factor 5.31 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -22.55 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -4.25 billion current US$ (2025)
- Taxes less subsidies on products -4.24 billion current LCU (2025)
Frequently asked questions
- What is government spending vs. gdp in Libya?
- Government spending vs. gdp in Libya was 23.45 billion constant 2015 US$ in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest government spending vs. gdp recorded in Libya?
- The highest recorded value was 24.79 billion constant 2015 US$ in 2014.
- What is the lowest government spending vs. gdp recorded in Libya?
- The lowest recorded value was 14.95 billion constant 2015 US$ in 2018.
- How does Libya rank for government spending vs. gdp?
- Libya ranks 56th out of 163 countries with data for 2025.
- Is government spending vs. gdp rising or falling in Libya?
- Over the last ten years it is down 5.3%. The long-run trend across the full record is falling.
- Where does this Libya data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Government spending vs. GDP. Statizoid updates them automatically from the source API.
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About this data
General government final consumption expenditure includes all government current expenditures for purchases of goods and services (including compensation of employees). Both measures are expressed in constant 2015 US$.