Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Libya
Libya: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 0.0047 million SLC per square kilometre in 2023. ▼ Falling
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Libya, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
Libya recorded 0.0047 million SLC per square kilometre for gross fixed capital formation — value standard local currency, 2015 in 2023.
Compared with earlier readings it is up 10.4% on the previous year and down 43.6% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Libya peaked at 0.0179 million SLC per square kilometre in 1981 and was at its lowest, 0.0038 million SLC per square kilometre, in 2020.
Libya ranks 194th of 194 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 54 years of available data.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Libya, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0089 million SLC per square kilometre | — |
| 1971 | 0.0084 million SLC per square kilometre | -4.9% |
| 1972 | 0.0092 million SLC per square kilometre | +9.4% |
| 1973 | 0.0094 million SLC per square kilometre | +1.8% |
| 1974 | 0.0114 million SLC per square kilometre | +21.6% |
| 1975 | 0.0117 million SLC per square kilometre | +2.3% |
| 1976 | 0.015 million SLC per square kilometre | +28.0% |
| 1977 | 0.0162 million SLC per square kilometre | +8.3% |
| 1978 | 0.0164 million SLC per square kilometre | +1.2% |
| 1979 | 0.0174 million SLC per square kilometre | +6.3% |
| 1980 | 0.0162 million SLC per square kilometre | -6.9% |
| 1981 | 0.0179 million SLC per square kilometre | +10.2% |
| 1982 | 0.0149 million SLC per square kilometre | -16.9% |
| 1983 | 0.0131 million SLC per square kilometre | -12.1% |
| 1984 | 0.0118 million SLC per square kilometre | -9.4% |
| 1985 | 0.0094 million SLC per square kilometre | -20.7% |
| 1986 | 0.0083 million SLC per square kilometre | -11.3% |
| 1987 | 0.0071 million SLC per square kilometre | -14.8% |
| 1988 | 0.0076 million SLC per square kilometre | +7.3% |
| 1989 | 0.0082 million SLC per square kilometre | +7.4% |
| 1990 | 0.0086 million SLC per square kilometre | +4.8% |
| 1991 | 0.0098 million SLC per square kilometre | +14.8% |
| 1992 | 0.0095 million SLC per square kilometre | -3.7% |
| 1993 | 0.009 million SLC per square kilometre | -4.4% |
| 1994 | 0.0094 million SLC per square kilometre | +4.3% |
| 1995 | 0.0063 million SLC per square kilometre | -32.8% |
| 1996 | 0.0083 million SLC per square kilometre | +31.0% |
| 1997 | 0.0078 million SLC per square kilometre | -5.7% |
| 1998 | 0.006 million SLC per square kilometre | -23.8% |
| 1999 | 0.0064 million SLC per square kilometre | +7.8% |
| 2000 | 0.009 million SLC per square kilometre | +39.9% |
| 2001 | 0.0087 million SLC per square kilometre | -3.5% |
| 2002 | 0.0103 million SLC per square kilometre | +18.6% |
| 2003 | 0.0096 million SLC per square kilometre | -6.4% |
| 2004 | 0.0106 million SLC per square kilometre | +10.3% |
| 2005 | 0.0127 million SLC per square kilometre | +19.2% |
| 2006 | 0.013 million SLC per square kilometre | +2.4% |
| 2007 | 0.0136 million SLC per square kilometre | +4.8% |
| 2008 | 0.0145 million SLC per square kilometre | +6.4% |
| 2009 | 0.0157 million SLC per square kilometre | +8.5% |
| 2010 | 0.0144 million SLC per square kilometre | -8.6% |
| 2011 | 0.0057 million SLC per square kilometre | -60.4% |
| 2012 | 0.0097 million SLC per square kilometre | +71.2% |
| 2013 | 0.0084 million SLC per square kilometre | -13.8% |
| 2014 | 0.0089 million SLC per square kilometre | +6.5% |
| 2015 | 0.0065 million SLC per square kilometre | -26.9% |
| 2016 | 0.0073 million SLC per square kilometre | +12.0% |
| 2017 | 0.0081 million SLC per square kilometre | +10.3% |
| 2018 | 0.0087 million SLC per square kilometre | +7.2% |
| 2019 | 0.0076 million SLC per square kilometre | -12.5% |
| 2020 | 0.0038 million SLC per square kilometre | -49.5% |
| 2021 | 0.0049 million SLC per square kilometre | +27.9% |
| 2022 | 0.0043 million SLC per square kilometre | -12.3% |
| 2023 | 0.0047 million SLC per square kilometre | +10.4% |
Libya compared with similar countries
- Libya's 0.0047 million SLC per square kilometre is below the median for upper middle income countries, which is 0.9583 million SLC per square kilometre, 0% of the median. (54 countries reporting)
- Libya's 0.0047 million SLC per square kilometre is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.52 million SLC per square kilometre, 0% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0124 million SLC per square kilometre | 0.0084 million SLC per square kilometre | 0.0174 million SLC per square kilometre | 10 |
| 1980s | 0.0114 million SLC per square kilometre | 0.0071 million SLC per square kilometre | 0.0179 million SLC per square kilometre | 10 |
| 1990s | 0.0081 million SLC per square kilometre | 0.006 million SLC per square kilometre | 0.0098 million SLC per square kilometre | 10 |
| 2000s | 0.0118 million SLC per square kilometre | 0.0087 million SLC per square kilometre | 0.0157 million SLC per square kilometre | 10 |
| 2010s | 0.0085 million SLC per square kilometre | 0.0057 million SLC per square kilometre | 0.0144 million SLC per square kilometre | 10 |
| 2020s | 0.0044 million SLC per square kilometre | 0.0038 million SLC per square kilometre | 0.0049 million SLC per square kilometre | 4 |
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)
- 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 — value standard local currency, 2015 in Libya?
- Gross fixed capital formation — value standard local currency, 2015 in Libya was 0.0047 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Libya?
- The highest recorded value was 0.0179 million SLC per square kilometre in 1981.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Libya?
- The lowest recorded value was 0.0038 million SLC per square kilometre in 2020.
- How does Libya rank for gross fixed capital formation — value standard local currency, 2015?
- Libya ranks 194th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Libya?
- Over the last ten years it is down 43.6%. The long-run trend across the full record is falling.
- Where does this Libya data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.