Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Libya
Libya: Gross Fixed Capital Formation — Value US$, 2015 prices, per square was 0.0034 million USD per square kilometre in 2023. ▼ Falling
Latest (2023)
0.0034 million USD per square kilometre
Change on year
up 10.4%
World rank
184th
of 194 countries
All-time high
0.013 million USD per square kilometre
in 1981
All-time low
0.0028 million USD per square kilometre
in 2020
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Libya, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
In 2023, gross fixed capital formation — value us$, 2015 prices, per square in Libya stood at 0.0034 million USD per square kilometre.
The figure is up 10.4% on the previous year and down 43.6% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, per square in Libya peaked at 0.013 million USD per square kilometre in 1981 and was at its lowest, 0.0028 million USD per square kilometre, in 2020.
That places Libya 184th out of 194 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 54 years of available data.
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Libya, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.0064 million USD per square kilometre | — |
| 1971 | 0.0061 million USD per square kilometre | -4.9% |
| 1972 | 0.0067 million USD per square kilometre | +9.4% |
| 1973 | 0.0068 million USD per square kilometre | +1.8% |
| 1974 | 0.0083 million USD per square kilometre | +21.6% |
| 1975 | 0.0085 million USD per square kilometre | +2.3% |
| 1976 | 0.0108 million USD per square kilometre | +28.0% |
| 1977 | 0.0117 million USD per square kilometre | +8.3% |
| 1978 | 0.0119 million USD per square kilometre | +1.2% |
| 1979 | 0.0126 million USD per square kilometre | +6.3% |
| 1980 | 0.0117 million USD per square kilometre | -6.9% |
| 1981 | 0.013 million USD per square kilometre | +10.2% |
| 1982 | 0.0108 million USD per square kilometre | -16.9% |
| 1983 | 0.0095 million USD per square kilometre | -12.1% |
| 1984 | 0.0086 million USD per square kilometre | -9.4% |
| 1985 | 0.0068 million USD per square kilometre | -20.7% |
| 1986 | 0.006 million USD per square kilometre | -11.3% |
| 1987 | 0.0051 million USD per square kilometre | -14.8% |
| 1988 | 0.0055 million USD per square kilometre | +7.3% |
| 1989 | 0.0059 million USD per square kilometre | +7.4% |
| 1990 | 0.0062 million USD per square kilometre | +4.8% |
| 1991 | 0.0071 million USD per square kilometre | +14.8% |
| 1992 | 0.0068 million USD per square kilometre | -3.7% |
| 1993 | 0.0065 million USD per square kilometre | -4.4% |
| 1994 | 0.0068 million USD per square kilometre | +4.3% |
| 1995 | 0.0046 million USD per square kilometre | -32.8% |
| 1996 | 0.006 million USD per square kilometre | +31.0% |
| 1997 | 0.0057 million USD per square kilometre | -5.7% |
| 1998 | 0.0043 million USD per square kilometre | -23.8% |
| 1999 | 0.0047 million USD per square kilometre | +7.8% |
| 2000 | 0.0065 million USD per square kilometre | +39.9% |
| 2001 | 0.0063 million USD per square kilometre | -3.5% |
| 2002 | 0.0075 million USD per square kilometre | +18.6% |
| 2003 | 0.007 million USD per square kilometre | -6.4% |
| 2004 | 0.0077 million USD per square kilometre | +10.3% |
| 2005 | 0.0092 million USD per square kilometre | +19.2% |
| 2006 | 0.0094 million USD per square kilometre | +2.4% |
| 2007 | 0.0098 million USD per square kilometre | +4.8% |
| 2008 | 0.0105 million USD per square kilometre | +6.4% |
| 2009 | 0.0114 million USD per square kilometre | +8.5% |
| 2010 | 0.0104 million USD per square kilometre | -8.6% |
| 2011 | 0.0041 million USD per square kilometre | -60.4% |
| 2012 | 0.0071 million USD per square kilometre | +71.2% |
| 2013 | 0.0061 million USD per square kilometre | -13.8% |
| 2014 | 0.0065 million USD per square kilometre | +6.5% |
| 2015 | 0.0047 million USD per square kilometre | -26.9% |
| 2016 | 0.0053 million USD per square kilometre | +12.0% |
| 2017 | 0.0058 million USD per square kilometre | +10.3% |
| 2018 | 0.0063 million USD per square kilometre | +7.2% |
| 2019 | 0.0055 million USD per square kilometre | -12.5% |
| 2020 | 0.0028 million USD per square kilometre | -49.5% |
| 2021 | 0.0035 million USD per square kilometre | +27.9% |
| 2022 | 0.0031 million USD per square kilometre | -12.3% |
| 2023 | 0.0034 million USD per square kilometre | +10.4% |
Libya compared with similar countries
- Libya's 0.0034 million USD per square kilometre is below the median for upper middle income countries, which is 0.0962 million USD per square kilometre, 4% of the median. (54 countries reporting)
- Libya's 0.0034 million USD per square kilometre is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.0759 million USD per square kilometre, 5% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.009 million USD per square kilometre | 0.0061 million USD per square kilometre | 0.0126 million USD per square kilometre | 10 |
| 1980s | 0.0083 million USD per square kilometre | 0.0051 million USD per square kilometre | 0.013 million USD per square kilometre | 10 |
| 1990s | 0.0059 million USD per square kilometre | 0.0043 million USD per square kilometre | 0.0071 million USD per square kilometre | 10 |
| 2000s | 0.0085 million USD per square kilometre | 0.0063 million USD per square kilometre | 0.0114 million USD per square kilometre | 10 |
| 2010s | 0.0062 million USD per square kilometre | 0.0041 million USD per square kilometre | 0.0104 million USD per square kilometre | 10 |
| 2020s | 0.0032 million USD per square kilometre | 0.0028 million USD per square kilometre | 0.0035 million USD per square kilometre | 4 |
Countries ranked near Libya
- 181 Namibia 0.0041 million USD per square kilometre compare
- 182 South Sudan 0.0035 million USD per square kilometre compare
- 183 Sudan 0.0034 million USD per square kilometre compare
- 185 Mali 0.0034 million USD per square kilometre compare
- 186 Somalia 0.0033 million USD per square kilometre compare
- 187 Mongolia 0.0032 million USD 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$), annual growth rate 12.66 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, per square in Libya?
- Gross fixed capital formation — value us$, 2015 prices, per square in Libya was 0.0034 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, per square recorded in Libya?
- The highest recorded value was 0.013 million USD per square kilometre in 1981.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, per square recorded in Libya?
- The lowest recorded value was 0.0028 million USD per square kilometre in 2020.
- How does Libya rank for gross fixed capital formation — value us$, 2015 prices, per square?
- Libya ranks 184th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, 2015 prices, per square rising or falling in Libya?
- Over the last ten years it is down 43.6%. The long-run trend across the full record is falling.
- Where does this Libya data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 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 US$, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value US$, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value US$, 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.