Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Libya
Libya: Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth was -8.36 % change on previous year in 2024. ◆ Volatile
Latest (2024)
-8.36 % change on previous year
Change on year
down 180.3%
World rank
223rd
of 235 countries
All-time high
71.16 % change on previous year
in 2012
All-time low
-60.37 % change on previous year
in 2011
Years of data
54
1971–2024
Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Libya, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Libya recorded -8.36 % change on previous year for gross fixed capital formation — value us$, 2015 prices, annual growth in 2024.
That represents a change of down 180.3% on the previous year and down 227.9% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, annual growth in Libya peaked at 71.16 % change on previous year in 2012 and was at its lowest, -60.37 % change on previous year, in 2011.
That places Libya 223rd out of 235 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Libya, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | -4.89 % change on previous year | — |
| 1972 | 9.4 % change on previous year | -292.4% |
| 1973 | 1.8 % change on previous year | -80.8% |
| 1974 | 21.57 % change on previous year | +1096.4% |
| 1975 | 2.31 % change on previous year | -89.3% |
| 1976 | 27.99 % change on previous year | +1112.4% |
| 1977 | 8.3 % change on previous year | -70.3% |
| 1978 | 1.21 % change on previous year | -85.5% |
| 1979 | 6.32 % change on previous year | +423.7% |
| 1980 | -6.91 % change on previous year | -209.4% |
| 1981 | 10.25 % change on previous year | -248.2% |
| 1982 | -16.9 % change on previous year | -265.0% |
| 1983 | -12.12 % change on previous year | -28.3% |
| 1984 | -9.44 % change on previous year | -22.2% |
| 1985 | -20.68 % change on previous year | +119.1% |
| 1986 | -11.35 % change on previous year | -45.1% |
| 1987 | -14.85 % change on previous year | +30.8% |
| 1988 | 7.31 % change on previous year | -149.2% |
| 1989 | 7.38 % change on previous year | +1.0% |
| 1990 | 4.82 % change on previous year | -34.7% |
| 1991 | 14.75 % change on previous year | +206.0% |
| 1992 | -3.74 % change on previous year | -125.3% |
| 1993 | -4.37 % change on previous year | +16.9% |
| 1994 | 4.28 % change on previous year | -198.0% |
| 1995 | -32.77 % change on previous year | -865.1% |
| 1996 | 30.95 % change on previous year | -194.5% |
| 1997 | -5.7 % change on previous year | -118.4% |
| 1998 | -23.75 % change on previous year | +316.8% |
| 1999 | 7.83 % change on previous year | -133.0% |
| 2000 | 39.93 % change on previous year | +409.8% |
| 2001 | -3.51 % change on previous year | -108.8% |
| 2002 | 18.64 % change on previous year | -631.3% |
| 2003 | -6.42 % change on previous year | -134.4% |
| 2004 | 10.27 % change on previous year | -260.0% |
| 2005 | 19.19 % change on previous year | +86.8% |
| 2006 | 2.38 % change on previous year | -87.6% |
| 2007 | 4.78 % change on previous year | +100.7% |
| 2008 | 6.4 % change on previous year | +34.0% |
| 2009 | 8.51 % change on previous year | +33.0% |
| 2010 | -8.56 % change on previous year | -200.6% |
| 2011 | -60.37 % change on previous year | +605.3% |
| 2012 | 71.16 % change on previous year | -217.9% |
| 2013 | -13.76 % change on previous year | -119.3% |
| 2014 | 6.54 % change on previous year | -147.5% |
| 2015 | -26.95 % change on previous year | -511.9% |
| 2016 | 11.99 % change on previous year | -144.5% |
| 2017 | 10.33 % change on previous year | -13.8% |
| 2018 | 7.22 % change on previous year | -30.2% |
| 2019 | -12.5 % change on previous year | -273.2% |
| 2020 | -49.52 % change on previous year | +296.1% |
| 2021 | 27.9 % change on previous year | -156.3% |
| 2022 | -12.27 % change on previous year | -144.0% |
| 2023 | 10.41 % change on previous year | -184.9% |
| 2024 | -8.36 % change on previous year | -180.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.23 % change on previous year | -4.89 % change on previous year | 27.99 % change on previous year | 9 |
| 1980s | -6.73 % change on previous year | -20.68 % change on previous year | 10.25 % change on previous year | 10 |
| 1990s | -0.7687 % change on previous year | -32.77 % change on previous year | 30.95 % change on previous year | 10 |
| 2000s | 10.02 % change on previous year | -6.42 % change on previous year | 39.93 % change on previous year | 10 |
| 2010s | -1.49 % change on previous year | -60.37 % change on previous year | 71.16 % change on previous year | 10 |
| 2020s | -6.37 % change on previous year | -49.52 % change on previous year | 27.9 % change on previous year | 5 |
Countries ranked near Libya
- 220 Finland -7.09 % change on previous year compare
- 221 Luxembourg -7.25 % change on previous year compare
- 222 Namibia -7.9 % change on previous year compare
- 224 Trinidad and Tobago -8.6 % change on previous year compare
- 225 Hungary -11.05 % change on previous year compare
- 226 Yugoslav SFR -14.16 % change on previous year 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$), annual growth rate 12.66 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, annual growth in Libya?
- Gross fixed capital formation — value us$, 2015 prices, annual growth in Libya was -8.36 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, annual growth recorded in Libya?
- The highest recorded value was 71.16 % change on previous year in 2012.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, annual growth recorded in Libya?
- The lowest recorded value was -60.37 % change on previous year in 2011.
- How does Libya rank for gross fixed capital formation — value us$, 2015 prices, annual growth?
- Libya ranks 223rd out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices, annual growth rising or falling in Libya?
- Over the last ten years it is down 227.9%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.