Government expenditure vs gdp in Libya
Libya: Government expenditure vs gdp was 23.45 billion in 2025. ▼ Falling
Latest (2025)
23.45 billion
Change on year
up 18.0%
World rank
57th
of 166 countries
All-time high
24.79 billion
in 2014
All-time low
14.95 billion
in 2018
Years of data
16
2010–2025
Government expenditure vs gdp in Libya, 2010–2025
Source: Our World in Data.
Analysis
In 2025, government expenditure vs gdp in Libya stood at 23.45 billion.
That represents a change of up 18.0% on the previous year and down 5.3% over ten years.
Over the whole period, government expenditure vs gdp in Libya peaked at 24.79 billion in 2014 and was at its lowest, 14.95 billion, in 2018.
That places Libya 57th out of 166 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.
Government expenditure vs gdp in Libya, year by year
| Year | Value | Change |
|---|---|---|
| 2010 | 17.15 billion | — |
| 2011 | 22.89 billion | +33.5% |
| 2012 | 23.82 billion | +4.1% |
| 2013 | 24.76 billion | +3.9% |
| 2014 | 24.79 billion | +0.1% |
| 2015 | 24.77 billion | -0.1% |
| 2016 | 19.33 billion | -22.0% |
| 2017 | 17.24 billion | -10.8% |
| 2018 | 14.95 billion | -13.3% |
| 2019 | 16.59 billion | +11.0% |
| 2020 | 18.41 billion | +11.0% |
| 2021 | 18.05 billion | -2.0% |
| 2022 | 17.84 billion | -1.1% |
| 2023 | 18.83 billion | +5.5% |
| 2024 | 19.87 billion | +5.5% |
| 2025 | 23.45 billion | +18.0% |
Libya compared with similar countries
- Libya's 23.45 billion is above the median for upper middle income countries, which is 9.30 billion, 2.5× the median. (45 countries reporting)
- Libya's 23.45 billion is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 29.89 billion, 78% of the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 20.63 billion | 14.95 billion | 24.79 billion | 10 |
| 2020s | 19.41 billion | 17.84 billion | 23.45 billion | 6 |
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 government expenditure vs gdp in Libya?
- Government expenditure vs gdp in Libya was 23.45 billion in 2025, according to Our World in Data.
- What is the highest government expenditure vs gdp recorded in Libya?
- The highest recorded value was 24.79 billion in 2014.
- What is the lowest government expenditure vs gdp recorded in Libya?
- The lowest recorded value was 14.95 billion in 2018.
- How does Libya rank for government expenditure vs gdp?
- Libya ranks 57th out of 166 countries with data for 2025.
- Is government expenditure 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 Our World in Data, published as part of Government expenditure vs gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (Our World in Data).