Gross fixed capital formation, public sector in Libya
Libya: Gross fixed capital formation, public sector was 25.08 billion current LCU in 2008. ◆ Volatile
Latest (2008)
25.08 billion current LCU
Change on year
up 44.6%
World rank
32nd
of 49 countries
All-time high
25.08 billion current LCU
in 2008
All-time low
2.42 billion current LCU
in 2003
Years of data
7
2002–2008
Gross fixed capital formation, public sector in Libya, 2002–2008
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current LCU.
Analysis
In 2008, gross fixed capital formation, public sector in Libya stood at 25.08 billion current LCU. That is the highest value across all 7 years on record.
That represents a change of up 44.6% on the previous year and up 778.2% over ten years.
Libya ranks 32nd of 49 countries on this measure, in the middle of the range.
Gross fixed capital formation, public sector in Libya, year by year
| Year | current LCU | Change |
|---|---|---|
| 2002 | 2.86 billion current LCU | — |
| 2003 | 2.42 billion current LCU | -15.2% |
| 2004 | 5.34 billion current LCU | +120.4% |
| 2005 | 8.38 billion current LCU | +57.1% |
| 2006 | 12.07 billion current LCU | +44.0% |
| 2007 | 17.34 billion current LCU | +43.7% |
| 2008 | 25.08 billion current LCU | +44.6% |
Libya compared with similar countries
- Libya's 25.08 billion current LCU is below the median for upper middle income countries, which is 118.08 billion current LCU, 21% of the median. (8 countries reporting)
- Libya's 25.08 billion current LCU is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 21.77 billion current LCU, 1.2× the median. (6 countries reporting)
Countries ranked near Libya
- 29 Mozambique 50.60 billion current LCU compare
- 30 Morocco 45.75 billion current LCU compare
- 31 Central African Republic 41.06 billion current LCU compare
- 33 Cape Verde 22.37 billion current LCU compare
- 34 Djibouti 18.45 billion current LCU compare
- 35 Mauritius 17.90 billion current LCU compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -56.51 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0012 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -7.66 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 794.70 million BoP, current US$ (2023)
- Foreign direct investment, net inflows (BoP, current US$), annual 13.21 % change on previous year (2023)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0181 BoP, current US$ per US$ of GDP (2023)
- Foreign direct investment, net inflows (BoP, current US$), per capita 108.78 BoP, current US$ per person (2023)
- Total reserves (includes gold, current US$), annual growth rate 12.66 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation, public sector in Libya?
- Gross fixed capital formation, public sector in Libya was 25.08 billion current LCU in 2008, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest gross fixed capital formation, public sector recorded in Libya?
- The highest recorded value was 25.08 billion current LCU in 2008.
- What is the lowest gross fixed capital formation, public sector recorded in Libya?
- The lowest recorded value was 2.42 billion current LCU in 2003.
- How does Libya rank for gross fixed capital formation, public sector?
- Libya ranks 32nd out of 49 countries with data for 2008.
- Is gross fixed capital formation, public sector rising or falling in Libya?
- Over the last ten years it is up 778.2%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Gross fixed capital formation, public sector (current LCU). Statizoid updates them automatically from the source API.
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About this data
Public investment covers gross outlays by the public sector on additions to its fixed domestic assets.