Gross Fixed Capital: Annual growth … 2015 Annual growth Standard in Libya
Libya: Gross Fixed Capital: Annual growth … 2015 Annual growth Standard was -8.36 % in 2024. ◆ Volatile
Gross Fixed Capital Formation — Annual growth Standard Local in Libya, 1971–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
In 2024, gross fixed capital formation — annual growth standard local in Libya stood at -8.36 %.
The figure is down 180.3% on the previous year and down 227.8% over ten years.
Over the whole period, gross fixed capital formation — annual growth standard local in Libya peaked at 71.16 % in 2012 and was at its lowest, -60.37 %, in 2011.
That places Libya 211th out of 222 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital: Annual growth … 2015 Annual growth Standard in Libya, year by year
| Year | % | Change |
|---|---|---|
| 1971 | -4.89 % | — |
| 1972 | 9.4 % | -292.3% |
| 1973 | 1.8 % | -80.8% |
| 1974 | 21.57 % | +1096.3% |
| 1975 | 2.31 % | -89.3% |
| 1976 | 27.99 % | +1112.4% |
| 1977 | 8.3 % | -70.3% |
| 1978 | 1.21 % | -85.5% |
| 1979 | 6.32 % | +423.6% |
| 1980 | -6.91 % | -209.4% |
| 1981 | 10.25 % | -248.2% |
| 1982 | -16.9 % | -265.0% |
| 1983 | -12.12 % | -28.3% |
| 1984 | -9.44 % | -22.2% |
| 1985 | -20.68 % | +119.1% |
| 1986 | -11.35 % | -45.1% |
| 1987 | -14.85 % | +30.8% |
| 1988 | 7.31 % | -149.2% |
| 1989 | 7.38 % | +1.0% |
| 1990 | 4.82 % | -34.7% |
| 1991 | 14.75 % | +206.0% |
| 1992 | -3.74 % | -125.3% |
| 1993 | -4.37 % | +16.9% |
| 1994 | 4.28 % | -198.0% |
| 1995 | -32.77 % | -865.0% |
| 1996 | 30.95 % | -194.5% |
| 1997 | -5.7 % | -118.4% |
| 1998 | -23.75 % | +316.8% |
| 1999 | 7.83 % | -133.0% |
| 2000 | 39.93 % | +409.8% |
| 2001 | -3.51 % | -108.8% |
| 2002 | 18.64 % | -631.3% |
| 2003 | -6.42 % | -134.4% |
| 2004 | 10.27 % | -260.0% |
| 2005 | 19.19 % | +86.8% |
| 2006 | 2.38 % | -87.6% |
| 2007 | 4.78 % | +100.7% |
| 2008 | 6.4 % | +34.0% |
| 2009 | 8.51 % | +33.0% |
| 2010 | -8.56 % | -200.6% |
| 2011 | -60.37 % | +605.3% |
| 2012 | 71.16 % | -217.9% |
| 2013 | -13.76 % | -119.3% |
| 2014 | 6.54 % | -147.5% |
| 2015 | -26.95 % | -511.8% |
| 2016 | 11.99 % | -144.5% |
| 2017 | 10.33 % | -13.8% |
| 2018 | 7.22 % | -30.2% |
| 2019 | -12.5 % | -273.3% |
| 2020 | -49.52 % | +296.1% |
| 2021 | 27.9 % | -156.3% |
| 2022 | -12.27 % | -144.0% |
| 2023 | 10.41 % | -184.9% |
| 2024 | -8.36 % | -180.3% |
Libya compared with similar countries
- Libya's -8.36 % is below the median for upper middle income countries, which is 3.5 %. (54 countries reporting)
- Libya's -8.36 % is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.74 %. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.23 % | -4.89 % | 27.99 % | 9 |
| 1980s | -6.73 % | -20.68 % | 10.25 % | 10 |
| 1990s | -0.7687 % | -32.77 % | 30.95 % | 10 |
| 2000s | 10.02 % | -6.42 % | 39.93 % | 10 |
| 2010s | -1.49 % | -60.37 % | 71.16 % | 10 |
| 2020s | -6.37 % | -49.52 % | 27.9 % | 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0332 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — annual growth standard local in Libya?
- Gross fixed capital formation — annual growth standard local in Libya was -8.36 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — annual growth standard local recorded in Libya?
- The highest recorded value was 71.16 % in 2012.
- What is the lowest gross fixed capital formation — annual growth standard local recorded in Libya?
- The lowest recorded value was -60.37 % in 2011.
- How does Libya rank for gross fixed capital formation — annual growth standard local?
- Libya ranks 211th out of 222 countries with data for 2024.
- Is gross fixed capital formation — annual growth standard local rising or falling in Libya?
- Over the last ten years it is down 227.8%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Annual growth Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).