Gross fixed capital formation, Private sector … Private Purchasing in Libya
Libya: Gross fixed capital formation, Private sector … Private Purchasing was 13.07 in 2008. ▲ Rising
Gross fixed capital formation, Private sector, Constant prices in Libya, 1960–2008
Source: International Monetary Fund.
Analysis
Libya recorded 13.07 for gross fixed capital formation, private sector, constant prices in 2008. That is the highest value across all 49 years on record.
The figure is up 5.3% on the previous year and up 213.2% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Libya peaked at 13.07 in 2008 and was at its lowest, 4.17, in 1998.
That places Libya 86th out of 173 countries with data for 2008, putting it in the middle of the range.
The long-run direction has been consistently rising across the 49 years of available data.
Gross fixed capital formation, Private sector … Private Purchasing in Libya, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 4.2 | — |
| 1961 | 4.37 | +4.0% |
| 1962 | 4.55 | +4.0% |
| 1963 | 4.73 | +4.0% |
| 1964 | 4.92 | +4.0% |
| 1965 | 5.11 | +4.0% |
| 1966 | 5.32 | +4.0% |
| 1967 | 5.53 | +4.0% |
| 1968 | 5.75 | +4.0% |
| 1969 | 5.98 | +4.0% |
| 1970 | 6.2 | +3.7% |
| 1971 | 5.9 | -4.9% |
| 1972 | 6.45 | +9.4% |
| 1973 | 6.57 | +1.8% |
| 1974 | 7.99 | +21.6% |
| 1975 | 8.17 | +2.3% |
| 1976 | 10.46 | +28.0% |
| 1977 | 11.33 | +8.3% |
| 1978 | 11.46 | +1.2% |
| 1979 | 12.19 | +6.3% |
| 1980 | 11.35 | -6.9% |
| 1981 | 12.51 | +10.2% |
| 1982 | 10.39 | -16.9% |
| 1983 | 9.13 | -12.1% |
| 1984 | 8.27 | -9.4% |
| 1985 | 6.56 | -20.7% |
| 1986 | 5.82 | -11.3% |
| 1987 | 4.95 | -14.8% |
| 1988 | 5.32 | +7.3% |
| 1989 | 5.71 | +7.4% |
| 1990 | 5.98 | +4.8% |
| 1991 | 6.87 | +14.8% |
| 1992 | 6.61 | -3.7% |
| 1993 | 6.32 | -4.4% |
| 1994 | 6.59 | +4.3% |
| 1995 | 4.43 | -32.8% |
| 1996 | 5.8 | +31.0% |
| 1997 | 5.47 | -5.7% |
| 1998 | 4.17 | -23.8% |
| 1999 | 4.5 | +7.8% |
| 2000 | 6.3 | +39.9% |
| 2001 | 6.08 | -3.5% |
| 2002 | 7.09 | +16.8% |
| 2003 | 8.43 | +18.8% |
| 2004 | 5.28 | -37.4% |
| 2005 | 5.96 | +12.9% |
| 2006 | 10.79 | +81.2% |
| 2007 | 12.41 | +15.0% |
| 2008 | 13.07 | +5.3% |
Libya compared with similar countries
- Libya's 13.07 is below the median for upper middle income countries, which is 13.11, 100% of the median. (50 countries reporting)
- Libya's 13.07 is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 23.58, 55% of the median. (21 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation, Private sector … Private Purchasing in Libya changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +81.2% | 5.96 | 10.79 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.05 | 4.2 | 5.98 | 10 |
| 1970s | 8.67 | 5.9 | 12.19 | 10 |
| 1980s | 8 | 4.95 | 12.51 | 10 |
| 1990s | 5.68 | 4.17 | 6.87 | 10 |
| 2000s | 8.38 | 5.28 | 13.07 | 9 |
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, private sector, constant prices in Libya?
- Gross fixed capital formation, private sector, constant prices in Libya was 13.07 in 2008, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, constant prices recorded in Libya?
- The highest recorded value was 13.07 in 2008.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Libya?
- The lowest recorded value was 4.17 in 1998.
- How does Libya rank for gross fixed capital formation, private sector, constant prices?
- Libya ranks 86th out of 173 countries with data for 2008.
- Is gross fixed capital formation, private sector, constant prices rising or falling in Libya?
- Over the last ten years it is up 213.2%. The long-run trend across the full record is rising.
- Where does this Libya data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, Private sector, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.