Gross fixed capital formation, Private sector, Current … Domestic in Libya
Libya: Gross fixed capital formation, Private sector, Current … Domestic was 8.76 in 2008. ◆ Volatile
Gross fixed capital formation, Private sector, Current prices in Libya, 1970–2008
Source: International Monetary Fund.
Analysis
The most recent figure for gross fixed capital formation, private sector, current prices in Libya is 8.76, measured in 2008. That is the highest value across all 39 years on record.
The figure is up 85.7% on the previous year and up 3,662.9% over ten years.
Over the whole period, gross fixed capital formation, private sector, current prices in Libya peaked at 8.76 in 2008 and was at its lowest, 0.038, in 1970.
That places Libya 138th out of 174 countries with data for 2008, 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 formation, Private sector, Current … Domestic in Libya, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 0.038 | — |
| 1971 | 0.045 | +18.6% |
| 1972 | 0.0683 | +51.6% |
| 1973 | 0.0995 | +45.7% |
| 1974 | 0.1532 | +53.9% |
| 1975 | 0.1649 | +7.7% |
| 1976 | 0.1917 | +16.2% |
| 1977 | 0.214 | +11.6% |
| 1978 | 0.2396 | +12.0% |
| 1979 | 0.2901 | +21.1% |
| 1980 | 0.387 | +33.4% |
| 1981 | 0.4535 | +17.2% |
| 1982 | 0.3859 | -14.9% |
| 1983 | 0.3452 | -10.5% |
| 1984 | 0.3176 | -8.0% |
| 1985 | 0.2546 | -19.8% |
| 1986 | 0.2248 | -11.7% |
| 1987 | 0.1552 | -31.0% |
| 1988 | 0.1715 | +10.5% |
| 1989 | 0.189 | +10.2% |
| 1990 | 0.1855 | -1.9% |
| 1991 | 0.169 | -8.9% |
| 1992 | 0.1647 | -2.5% |
| 1993 | 0.2458 | +49.2% |
| 1994 | 0.2651 | +7.9% |
| 1995 | 0.2095 | -21.0% |
| 1996 | 0.2795 | +33.4% |
| 1997 | 0.2767 | -1.0% |
| 1998 | 0.2328 | -15.9% |
| 1999 | 0.2575 | +10.6% |
| 2000 | 0.3776 | +46.6% |
| 2001 | 1.54 | +306.5% |
| 2002 | 2.27 | +48.2% |
| 2003 | 2.88 | +26.8% |
| 2004 | 1.45 | -49.7% |
| 2005 | 1.78 | +22.8% |
| 2006 | 2.99 | +68.0% |
| 2007 | 4.72 | +57.6% |
| 2008 | 8.76 | +85.7% |
Libya compared with similar countries
- Libya's 8.76 is below the median for upper middle income countries, which is 269.45, 3% of the median. (50 countries reporting)
- Libya's 8.76 is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 257.37, 3% of the median. (21 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation, Private sector, Current … Domestic 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 |
|---|---|---|---|
| 2001 | +306.5% | 0.3776 | 1.54 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1504 | 0.038 | 0.2901 | 10 |
| 1980s | 0.2885 | 0.1552 | 0.4535 | 10 |
| 1990s | 0.2286 | 0.1647 | 0.2795 | 10 |
| 2000s | 2.98 | 0.3776 | 8.76 | 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, current prices in Libya?
- Gross fixed capital formation, private sector, current prices in Libya was 8.76 in 2008, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, current prices recorded in Libya?
- The highest recorded value was 8.76 in 2008.
- What is the lowest gross fixed capital formation, private sector, current prices recorded in Libya?
- The lowest recorded value was 0.038 in 1970.
- How does Libya rank for gross fixed capital formation, private sector, current prices?
- Libya ranks 138th 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 3,662.9%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, Private sector, Current prices, Domestic currency. 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.