Gross fixed capital formation in Libya
Libya: Gross fixed capital formation was 10.11 billion constant LCU in 2025. ▼ Falling
Gross fixed capital formation in Libya, 2010–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Libya recorded 10.11 billion constant LCU for gross fixed capital formation in 2025.
The figure is up 8.6% on the previous year and down 4.6% over ten years.
Over the whole period, gross fixed capital formation in Libya peaked at 20.90 billion constant LCU in 2010 and was at its lowest, 9.31 billion constant LCU, in 2024.
Libya ranks 132nd of 168 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 16 years of available data.
Gross fixed capital formation in Libya, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2010 | 20.90 billion constant LCU | — |
| 2011 | 10.65 billion constant LCU | -49.0% |
| 2012 | 18.75 billion constant LCU | +76.0% |
| 2013 | 16.06 billion constant LCU | -14.4% |
| 2014 | 16.93 billion constant LCU | +5.4% |
| 2015 | 10.59 billion constant LCU | -37.4% |
| 2016 | 12.33 billion constant LCU | +16.5% |
| 2017 | 13.82 billion constant LCU | +12.1% |
| 2018 | 15.68 billion constant LCU | +13.4% |
| 2019 | 10.84 billion constant LCU | -30.8% |
| 2020 | 12.37 billion constant LCU | +14.1% |
| 2021 | 11.52 billion constant LCU | -6.9% |
| 2022 | 11.38 billion constant LCU | -1.3% |
| 2023 | 10.16 billion constant LCU | -10.7% |
| 2024 | 9.31 billion constant LCU | -8.4% |
| 2025 | 10.11 billion constant LCU | +8.6% |
Libya compared with similar countries
- Libya's 10.11 billion constant LCU is below the median for upper middle income countries, which is 349.48 billion constant LCU, 3% of the median. (46 countries reporting)
- Libya's 10.11 billion constant LCU is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 240.95 billion constant LCU, 4% of the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 14.66 billion constant LCU | 10.59 billion constant LCU | 20.90 billion constant LCU | 10 |
| 2020s | 10.81 billion constant LCU | 9.31 billion constant LCU | 12.37 billion constant LCU | 6 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -56.51 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0012 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -7.66 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 794.70 million BoP, current US$ (2023)
- Foreign direct investment, net inflows (BoP, current US$), annual 13.21 % change on previous year (2023)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0181 BoP, current US$ per US$ of GDP (2023)
- Foreign direct investment, net inflows (BoP, current US$), per capita 108.78 BoP, current US$ per person (2023)
- Total reserves (includes gold, current US$), annual growth rate 12.66 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Libya?
- Gross fixed capital formation in Libya was 10.11 billion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Libya?
- The highest recorded value was 20.90 billion constant LCU in 2010.
- What is the lowest gross fixed capital formation recorded in Libya?
- The lowest recorded value was 9.31 billion constant LCU in 2024.
- How does Libya rank for gross fixed capital formation?
- Libya ranks 132nd out of 168 countries with data for 2025.
- Is gross fixed capital formation rising or falling in Libya?
- Over the last ten years it is down 4.6%. The long-run trend across the full record is falling.
- Where does this Libya data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross fixed capital formation (constant LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.