Gross Fixed Capital: Value Standard … 2015 Standard Local Currency in Libya
Libya: Gross Fixed Capital: Value Standard … 2015 Standard Local Currency was 7,641 million SLC in 2024. ▼ Falling
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Libya, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross fixed capital formation — value standard local currency, 2015 in Libya stood at 7,641 million SLC.
That represents a change of down 8.4% on the previous year and down 51.5% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Libya peaked at 31,478 million SLC in 1981 and was at its lowest, 6,731 million SLC, in 2020.
Libya ranks 165th of 222 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 55 years of available data.
Gross Fixed Capital: Value Standard … 2015 Standard Local Currency in Libya, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 15,607 million SLC | — |
| 1971 | 14,844 million SLC | -4.9% |
| 1972 | 16,240 million SLC | +9.4% |
| 1973 | 16,533 million SLC | +1.8% |
| 1974 | 20,099 million SLC | +21.6% |
| 1975 | 20,563 million SLC | +2.3% |
| 1976 | 26,320 million SLC | +28.0% |
| 1977 | 28,505 million SLC | +8.3% |
| 1978 | 28,849 million SLC | +1.2% |
| 1979 | 30,673 million SLC | +6.3% |
| 1980 | 28,552 million SLC | -6.9% |
| 1981 | 31,478 million SLC | +10.2% |
| 1982 | 26,158 million SLC | -16.9% |
| 1983 | 22,986 million SLC | -12.1% |
| 1984 | 20,817 million SLC | -9.4% |
| 1985 | 16,513 million SLC | -20.7% |
| 1986 | 14,639 million SLC | -11.3% |
| 1987 | 12,466 million SLC | -14.8% |
| 1988 | 13,377 million SLC | +7.3% |
| 1989 | 14,365 million SLC | +7.4% |
| 1990 | 15,057 million SLC | +4.8% |
| 1991 | 17,279 million SLC | +14.8% |
| 1992 | 16,633 million SLC | -3.7% |
| 1993 | 15,906 million SLC | -4.4% |
| 1994 | 16,587 million SLC | +4.3% |
| 1995 | 11,152 million SLC | -32.8% |
| 1996 | 14,604 million SLC | +31.0% |
| 1997 | 13,771 million SLC | -5.7% |
| 1998 | 10,500 million SLC | -23.8% |
| 1999 | 11,323 million SLC | +7.8% |
| 2000 | 15,844 million SLC | +39.9% |
| 2001 | 15,288 million SLC | -3.5% |
| 2002 | 18,138 million SLC | +18.6% |
| 2003 | 16,974 million SLC | -6.4% |
| 2004 | 18,717 million SLC | +10.3% |
| 2005 | 22,309 million SLC | +19.2% |
| 2006 | 22,840 million SLC | +2.4% |
| 2007 | 23,931 million SLC | +4.8% |
| 2008 | 25,463 million SLC | +6.4% |
| 2009 | 27,630 million SLC | +8.5% |
| 2010 | 25,265 million SLC | -8.6% |
| 2011 | 10,012 million SLC | -60.4% |
| 2012 | 17,137 million SLC | +71.2% |
| 2013 | 14,778 million SLC | -13.8% |
| 2014 | 15,745 million SLC | +6.5% |
| 2015 | 11,503 million SLC | -26.9% |
| 2016 | 12,882 million SLC | +12.0% |
| 2017 | 14,213 million SLC | +10.3% |
| 2018 | 15,238 million SLC | +7.2% |
| 2019 | 13,333 million SLC | -12.5% |
| 2020 | 6,731 million SLC | -49.5% |
| 2021 | 8,609 million SLC | +27.9% |
| 2022 | 7,552 million SLC | -12.3% |
| 2023 | 8,339 million SLC | +10.4% |
| 2024 | 7,641 million SLC | -8.4% |
Libya compared with similar countries
- Libya's 7,641 million SLC is below the median for upper middle income countries, which is 139,182 million SLC, 5% of the median. (54 countries reporting)
- Libya's 7,641 million SLC is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 338,932 million SLC, 2% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21,823 million SLC | 14,844 million SLC | 30,673 million SLC | 10 |
| 1980s | 20,135 million SLC | 12,466 million SLC | 31,478 million SLC | 10 |
| 1990s | 14,281 million SLC | 10,500 million SLC | 17,279 million SLC | 10 |
| 2000s | 20,713 million SLC | 15,288 million SLC | 27,630 million SLC | 10 |
| 2010s | 15,011 million SLC | 10,012 million SLC | 25,265 million SLC | 10 |
| 2020s | 7,775 million SLC | 6,731 million SLC | 8,609 million SLC | 5 |
Countries ranked near Libya
- 162 Estonia 7,716 million SLC compare
- 163 Republic of Moldova 7,677 million SLC compare
- 163 Moldova 7,677 million SLC compare
- 166 Sierra Leone 7,425 million SLC compare
- 167 Latvia 6,546 million SLC compare
- 168 El Salvador 6,219 million SLC 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)
- 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 — value standard local currency, 2015 in Libya?
- Gross fixed capital formation — value standard local currency, 2015 in Libya was 7,641 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Libya?
- The highest recorded value was 31,478 million SLC in 1981.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Libya?
- The lowest recorded value was 6,731 million SLC in 2020.
- How does Libya rank for gross fixed capital formation — value standard local currency, 2015?
- Libya ranks 165th out of 222 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Libya?
- Over the last ten years it is down 51.5%. The long-run trend across the full record is falling.
- Where does this Libya data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).