Gross fixed capital formation (current US$) in Libya
Libya: Gross fixed capital formation (current US$) was 6.86 billion current US$ in 2025. ◆ Volatile
Gross fixed capital formation in Libya, 1990–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross fixed capital formation in Libya is 6.86 billion current US$, measured in 2025.
That represents a change of down 0.8% on the previous year and down 17.6% over ten years.
Over the whole period, gross fixed capital formation in Libya peaked at 19.13 billion current US$ in 2008 and was at its lowest, 2.35 billion current US$, in 2003.
Libya ranks 107th of 181 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current US$) in Libya, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 4.01 billion current US$ | — |
| 1991 | 3.68 billion current US$ | -8.1% |
| 1992 | 3.58 billion current US$ | -2.8% |
| 1993 | 4.94 billion current US$ | +38.0% |
| 1994 | 4.66 billion current US$ | -5.8% |
| 1995 | 2.98 billion current US$ | -36.1% |
| 1996 | 3.75 billion current US$ | +26.1% |
| 1997 | 3.66 billion current US$ | -2.6% |
| 1998 | 2.99 billion current US$ | -18.3% |
| 1999 | 3.31 billion current US$ | +10.8% |
| 2000 | 4.45 billion current US$ | +34.5% |
| 2001 | 3.57 billion current US$ | -19.9% |
| 2002 | 2.65 billion current US$ | -25.7% |
| 2003 | 2.35 billion current US$ | -11.3% |
| 2004 | 4.62 billion current US$ | +96.7% |
| 2005 | 7.18 billion current US$ | +55.3% |
| 2006 | 12.61 billion current US$ | +75.6% |
| 2007 | 14.08 billion current US$ | +11.7% |
| 2008 | 19.13 billion current US$ | +35.8% |
| 2009 | 15.23 billion current US$ | -20.4% |
| 2010 | 16.43 billion current US$ | +7.9% |
| 2011 | 8.38 billion current US$ | -49.0% |
| 2012 | 14.75 billion current US$ | +76.0% |
| 2013 | 12.63 billion current US$ | -14.4% |
| 2014 | 13.31 billion current US$ | +5.4% |
| 2015 | 8.33 billion current US$ | -37.4% |
| 2016 | 9.70 billion current US$ | +16.5% |
| 2017 | 10.87 billion current US$ | +12.0% |
| 2018 | 12.33 billion current US$ | +13.4% |
| 2019 | 9.53 billion current US$ | -22.7% |
| 2020 | 4.43 billion current US$ | -53.5% |
| 2021 | 4.28 billion current US$ | -3.3% |
| 2022 | 4.55 billion current US$ | +6.2% |
| 2023 | 7.43 billion current US$ | +63.4% |
| 2024 | 6.92 billion current US$ | -6.9% |
| 2025 | 6.86 billion current US$ | -0.8% |
Libya compared with similar countries
- Libya's 6.86 billion current US$ is below the median for upper middle income countries, which is 10.71 billion current US$, 64% of the median. (51 countries reporting)
- Libya's 6.86 billion current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 20.29 billion current US$, 34% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.76 billion current US$ | 2.98 billion current US$ | 4.94 billion current US$ | 10 |
| 2000s | 8.59 billion current US$ | 2.35 billion current US$ | 19.13 billion current US$ | 10 |
| 2010s | 11.62 billion current US$ | 8.33 billion current US$ | 16.43 billion current US$ | 10 |
| 2020s | 5.75 billion current US$ | 4.28 billion current US$ | 7.43 billion current US$ | 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 gross fixed capital formation in Libya?
- Gross fixed capital formation in Libya was 6.86 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Libya?
- The highest recorded value was 19.13 billion current US$ in 2008.
- What is the lowest gross fixed capital formation recorded in Libya?
- The lowest recorded value was 2.35 billion current US$ in 2003.
- How does Libya rank for gross fixed capital formation?
- Libya ranks 107th out of 181 countries with data for 2025.
- Is gross fixed capital formation rising or falling in Libya?
- Over the last ten years it is down 17.6%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross fixed capital formation (current US$). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.