Gross fixed capital formation, Private sector, Current prices in Libya

Libya: Gross fixed capital formation, Private sector, Current prices was 85.66 % change on previous year in 2008. ◆ Volatile

Latest (2008)
85.66 % change on previous year
Change on year
up 48.6%
World rank
3rd
of 174 countries
All-time high
306.49 % change on previous year
in 2001
All-time low
-49.71 % change on previous year
in 2004
Years of data
38
1971–2008

Gross fixed capital formation, Private sector, Current prices in Libya, 1971–2008

01002003001971198920081971: 18.6 % change on previous year1972: 51.6 % change on previous year1973: 45.7 % change on previous year1974: 53.9 % change on previous year1975: 7.7 % change on previous year1976: 16.2 % change on previous year1977: 11.6 % change on previous year1978: 12 % change on previous year1979: 21.1 % change on previous year1980: 33.4 % change on previous year1981: 17.2 % change on previous year1982: -14.9 % change on previous year1983: -10.5 % change on previous year1984: -8 % change on previous year1985: -19.8 % change on previous year1986: -11.7 % change on previous year1987: -31 % change on previous year1988: 10.5 % change on previous year1989: 10.2 % change on previous year1990: -1.9 % change on previous year1991: -8.9 % change on previous year1992: -2.5 % change on previous year1993: 49.2 % change on previous year1994: 7.9 % change on previous year1995: -21 % change on previous year1996: 33.4 % change on previous year1997: -0.992 % change on previous year1998: -15.9 % change on previous year1999: 10.6 % change on previous year2000: 46.6 % change on previous year2001: 306.5 % change on previous year2002: 48.2 % change on previous year2003: 26.8 % change on previous year2004: -49.7 % change on previous year2005: 22.8 % change on previous year2006: 68 % change on previous year2007: 57.6 % change on previous year2008: 85.7 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross fixed capital formation, private sector, current prices in Libya is 85.66 % change on previous year, measured in 2008.

Compared with earlier readings it is up 48.6% on the previous year and up 639.7% over ten years.

Over the whole period, gross fixed capital formation, private sector, current prices in Libya peaked at 306.49 % change on previous year in 2001 and was at its lowest, -49.71 % change on previous year, in 2004.

That places Libya 3rd out of 174 countries with data for 2008, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Gross fixed capital formation, Private sector, Current prices in Libya, year by year

Annual values for Gross fixed capital formation, Private sector, Current prices, Domestic currency, annual growth rate in Libya, 1971 to 2008.
Year % change on previous year Change
1971 18.62 % change on previous year —
1972 51.65 % change on previous year +177.3%
1973 45.72 % change on previous year -11.5%
1974 53.95 % change on previous year +18.0%
1975 7.69 % change on previous year -85.7%
1976 16.22 % change on previous year +111.0%
1977 11.62 % change on previous year -28.3%
1978 11.96 % change on previous year +2.9%
1979 21.1 % change on previous year +76.4%
1980 33.4 % change on previous year +58.3%
1981 17.18 % change on previous year -48.6%
1982 -14.9 % change on previous year -186.7%
1983 -10.55 % change on previous year -29.2%
1984 -8 % change on previous year -24.2%
1985 -19.85 % change on previous year +148.1%
1986 -11.69 % change on previous year -41.1%
1987 -30.96 % change on previous year +164.8%
1988 10.52 % change on previous year -134.0%
1989 10.19 % change on previous year -3.1%
1990 -1.86 % change on previous year -118.2%
1991 -8.9 % change on previous year +378.7%
1992 -2.54 % change on previous year -71.4%
1993 49.21 % change on previous year -2034.9%
1994 7.87 % change on previous year -84.0%
1995 -20.99 % change on previous year -366.6%
1996 33.42 % change on previous year -259.2%
1997 -0.9922 % change on previous year -103.0%
1998 -15.87 % change on previous year +1499.5%
1999 10.63 % change on previous year -167.0%
2000 46.65 % change on previous year +339.0%
2001 306.49 % change on previous year +557.1%
2002 48.18 % change on previous year -84.3%
2003 26.83 % change on previous year -44.3%
2004 -49.71 % change on previous year -285.3%
2005 22.8 % change on previous year -145.9%
2006 68 % change on previous year +198.3%
2007 57.62 % change on previous year -15.3%
2008 85.66 % change on previous year +48.6%

Libya compared with similar countries

  • Libya's 85.66 % change on previous year is above the median for upper middle income countries, which is 5.31 % change on previous year, 16.1× the median. (50 countries reporting)
  • Libya's 85.66 % change on previous year is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 4.74 % change on previous year, 18.1× the median. (21 countries reporting)

Biggest year-on-year movements

Years where Gross fixed capital formation, Private sector, Current prices 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.

YearChange FromTo
1993 +2034.9% -2.54 % change on previous year 49.21 % change on previous year
1998 -1499.5% -0.9922 % change on previous year -15.87 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 26.5 % change on previous year 7.69 % change on previous year 53.95 % change on previous year 9
1980s -2.47 % change on previous year -30.96 % change on previous year 33.4 % change on previous year 10
1990s 5 % change on previous year -20.99 % change on previous year 49.21 % change on previous year 10
2000s 68.06 % change on previous year -49.71 % change on previous year 306.49 % change on previous year 9

Countries ranked near Libya

  1. 1 Venezuela 773.2 % change on previous year compare
  2. 2 Tajikistan 91.13 % change on previous year compare
  3. 4 Ireland 78.53 % change on previous year compare
  4. 5 Nigeria 57.14 % change on previous year compare
  5. 6 Egypt 50.65 % change on previous year compare

See the full ranking of 174 places →

More economy & growth data for Libya

All data for Libya →

Frequently asked questions

What is gross fixed capital formation, private sector, current prices in Libya?
Gross fixed capital formation, private sector, current prices in Libya was 85.66 % change on previous year in 2008, according to Statizoid (derived).
What is the highest gross fixed capital formation, private sector, current prices recorded in Libya?
The highest recorded value was 306.49 % change on previous year in 2001.
What is the lowest gross fixed capital formation, private sector, current prices recorded in Libya?
The lowest recorded value was -49.71 % change on previous year in 2004.
How does Libya rank for gross fixed capital formation, private sector, current prices?
Libya ranks 3rd out of 174 countries with data for 2008.
Is gross fixed capital formation, private sector, current prices rising or falling in Libya?
Over the last ten years it is up 639.7%. The long-run trend across the full record is volatile.
Where does this Libya data come from?
The figures come from Statizoid (derived), published as part of Gross fixed capital formation, Private sector, Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross fixed capital formation, Private sector, Current prices in Libya. Statizoid, drawing on Statizoid (derived). Retrieved 03 October 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-private-sector-current-prices-domestic-currency-annual/libya/

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How this figure is calculated

The year-on-year percentage change in Gross fixed capital formation, Private sector, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross fixed capital formation, Private sector, Current prices, Domestic currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
174 places, 7,735 data points, 1961–2019
Last refreshed

The year-on-year percentage change in Gross fixed capital formation, Private sector, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.