Gross Fixed Capital Formation — Value Standard Local Currency, per in Libya
Libya: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.0193 million SLC per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in Libya, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
In 2023, gross fixed capital formation — value standard local currency, per in Libya stood at 0.0193 million SLC per square kilometre. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 2.0% on the previous year and up 111.0% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Libya peaked at 0.0193 million SLC per square kilometre in 2023 and was at its lowest, 0.0001 million SLC per square kilometre, in 1970.
Libya ranks 190th of 194 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency, per in Libya, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0001 million SLC per square kilometre | — |
| 1971 | 0.0002 million SLC per square kilometre | +18.6% |
| 1972 | 0.0003 million SLC per square kilometre | +51.7% |
| 1973 | 0.0004 million SLC per square kilometre | +45.7% |
| 1974 | 0.0006 million SLC per square kilometre | +53.9% |
| 1975 | 0.0006 million SLC per square kilometre | +7.7% |
| 1976 | 0.0007 million SLC per square kilometre | +16.2% |
| 1977 | 0.0008 million SLC per square kilometre | +11.6% |
| 1978 | 0.0009 million SLC per square kilometre | +12.0% |
| 1979 | 0.0011 million SLC per square kilometre | +21.1% |
| 1980 | 0.0014 million SLC per square kilometre | +33.4% |
| 1981 | 0.0017 million SLC per square kilometre | +17.2% |
| 1982 | 0.0014 million SLC per square kilometre | -14.9% |
| 1983 | 0.0013 million SLC per square kilometre | -10.5% |
| 1984 | 0.0012 million SLC per square kilometre | -8.0% |
| 1985 | 0.001 million SLC per square kilometre | -19.8% |
| 1986 | 0.0008 million SLC per square kilometre | -11.7% |
| 1987 | 0.0006 million SLC per square kilometre | -31.0% |
| 1988 | 0.0006 million SLC per square kilometre | +10.5% |
| 1989 | 0.0007 million SLC per square kilometre | +10.2% |
| 1990 | 0.0007 million SLC per square kilometre | -1.9% |
| 1991 | 0.0006 million SLC per square kilometre | -8.9% |
| 1992 | 0.0006 million SLC per square kilometre | -2.5% |
| 1993 | 0.0009 million SLC per square kilometre | +49.2% |
| 1994 | 0.001 million SLC per square kilometre | +7.9% |
| 1995 | 0.0008 million SLC per square kilometre | -21.0% |
| 1996 | 0.001 million SLC per square kilometre | +33.4% |
| 1997 | 0.001 million SLC per square kilometre | -1.0% |
| 1998 | 0.0009 million SLC per square kilometre | -15.9% |
| 1999 | 0.001 million SLC per square kilometre | +10.6% |
| 2000 | 0.0014 million SLC per square kilometre | +46.6% |
| 2001 | 0.0057 million SLC per square kilometre | +306.5% |
| 2002 | 0.0086 million SLC per square kilometre | +50.6% |
| 2003 | 0.0086 million SLC per square kilometre | -0.1% |
| 2004 | 0.0077 million SLC per square kilometre | -11.4% |
| 2005 | 0.0099 million SLC per square kilometre | +29.7% |
| 2006 | 0.0094 million SLC per square kilometre | -5.1% |
| 2007 | 0.0101 million SLC per square kilometre | +7.3% |
| 2008 | 0.0133 million SLC per square kilometre | +31.6% |
| 2009 | 0.0108 million SLC per square kilometre | -18.4% |
| 2010 | 0.0118 million SLC per square kilometre | +9.1% |
| 2011 | 0.0058 million SLC per square kilometre | -50.7% |
| 2012 | 0.0106 million SLC per square kilometre | +81.4% |
| 2013 | 0.0091 million SLC per square kilometre | -13.7% |
| 2014 | 0.0096 million SLC per square kilometre | +5.5% |
| 2015 | 0.0065 million SLC per square kilometre | -32.1% |
| 2016 | 0.0077 million SLC per square kilometre | +17.2% |
| 2017 | 0.0086 million SLC per square kilometre | +12.3% |
| 2018 | 0.0096 million SLC per square kilometre | +11.1% |
| 2019 | 0.0087 million SLC per square kilometre | -8.8% |
| 2020 | 0.0059 million SLC per square kilometre | -32.0% |
| 2021 | 0.0144 million SLC per square kilometre | +143.6% |
| 2022 | 0.0189 million SLC per square kilometre | +30.7% |
| 2023 | 0.0193 million SLC per square kilometre | +2.0% |
Libya compared with similar countries
- Libya's 0.0193 million SLC per square kilometre is below the median for upper middle income countries, which is 2.09 million SLC per square kilometre, 1% of the median. (54 countries reporting)
- Libya's 0.0193 million SLC per square kilometre is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 4.14 million SLC per square kilometre, 0% of the median. (22 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, per 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% | 0.0014 million SLC per square kilometre | 0.0057 million SLC per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0006 million SLC per square kilometre | 0.0001 million SLC per square kilometre | 0.0011 million SLC per square kilometre | 10 |
| 1980s | 0.0011 million SLC per square kilometre | 0.0006 million SLC per square kilometre | 0.0017 million SLC per square kilometre | 10 |
| 1990s | 0.0009 million SLC per square kilometre | 0.0006 million SLC per square kilometre | 0.001 million SLC per square kilometre | 10 |
| 2000s | 0.0086 million SLC per square kilometre | 0.0014 million SLC per square kilometre | 0.0133 million SLC per square kilometre | 10 |
| 2010s | 0.0088 million SLC per square kilometre | 0.0058 million SLC per square kilometre | 0.0118 million SLC per square kilometre | 10 |
| 2020s | 0.0146 million SLC per square kilometre | 0.0059 million SLC per square kilometre | 0.0193 million SLC per square kilometre | 4 |
Countries ranked near Libya
- 187 Oman 0.032 million SLC per square kilometre compare
- 188 East Timor 0.0243 million SLC per square kilometre compare
- 189 Eritrea 0.021 million SLC per square kilometre compare
- 191 Papua New Guinea 0.0185 million SLC per square kilometre compare
- 192 Greenland 0.0165 million SLC per square kilometre compare
- 193 Zimbabwe 0.0096 million SLC per square kilometre 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 — value standard local currency, per in Libya?
- Gross fixed capital formation — value standard local currency, per in Libya was 0.0193 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in Libya?
- The highest recorded value was 0.0193 million SLC per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Libya?
- The lowest recorded value was 0.0001 million SLC per square kilometre in 1970.
- How does Libya rank for gross fixed capital formation — value standard local currency, per?
- Libya ranks 190th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Libya?
- Over the last ten years it is up 111.0%. The long-run trend across the full record is volatile.
- 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, 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 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency 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 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.