Gross fixed capital formation, Private sector, Current prices in Libya
Libya: Gross fixed capital formation, Private sector, Current prices 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 prices 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% |
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)
- GDP (constant 2015 US$), annual growth rate 13.37 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 1.34 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 8,634 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 13.37 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 2.01 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 12,960 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 6.3 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.3679 current US$ 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.