Military expenditure in dollars — all countries

Military expenditure in dollars — Libya

Military expenditure in dollars in Libya in 2023 — 1,573,682,777 US$. Ranked 65 in the world out of 153. Since 1960, the indicator has risen by 28,142.7%.

2023 1.57B US$ +29.54% vs 2022
World rank 65of 153
Period maximum 3.96B US$2013
Period minimum 5.57M US$1960

Trend over time

1960–2023 · US$

Military expenditure in dollars — Libya, 1960–202301B2B3B4B19601967197419811988199520022009201620231960: 5,571,998 US$1961: 7,167,997 US$1962: 16,687,993 US$1963: 18,675,993 US$1964: 21,475,991 US$1965: 29,119,988 US$1966: 58,519,977 US$1967: 79,519,968 US$1968: 95,479,962 US$1969: 143,079,943 US$1970: 242,479,903 US$1971: 243,035,872 US$1972: 202,768,227 US$1973: 298,307,480 US$1974: 431,682,379 US$1975: 287,788,253 US$1976: 326,295,132 US$1977: 479,647,088 US$1978: 729,941,801 US$1979: 853,569,149 US$1980: 1,074,139,253 US$1981: 557,334,522 US$1982: 709,332,451 US$1997: 1,251,990,817 US$1998: 1,443,621,758 US$1999: 1,153,487,088 US$2000: 1,085,534,665 US$2001: 819,747,994 US$2002: 452,513,615 US$2003: 541,401,767 US$2004: 685,073,220 US$2005: 690,930,769 US$2006: 614,356,296 US$2007: 639,137,046 US$2008: 1,100,068,652 US$2012: 2,987,413,408 US$2013: 3,964,690,154 US$2014: 3,755,652,496 US$2022: 1,214,864,558 US$2023: 1,573,682,777 US$
Change over the period: +1.57B (+28,142.7%) Average annual rate: 9.37 %

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: Libya

Libya 1.57B US$
World 2.39T US$
Northern Africa computed 29.4B US$
Upper-middle-income countries computed 437B US$
Military expenditure in dollars — Libya, by year Libya All countries CSV XLSX
Year US$ Change Change, %
2023 1.57B +359M +29.54%
2022 1.21B
2014 3.76B −209M −5.27%
2013 3.96B +977M +32.71%
2012 2.99B
2008 1.1B +461M +72.12%
2007 639M +24.78M +4.03%
2006 614M −76.57M −11.08%
2005 691M +5.86M +0.86%
2004 685M +144M +26.54%
2003 541M +88.89M +19.64%
2002 453M −367M −44.8%
2001 820M −266M −24.48%
2000 1.09B −67.95M −5.89%
1999 1.15B −290M −20.1%
1998 1.44B +192M +15.31%
1997 1.25B
1982 709M +152M +27.27%
1981 557M −517M −48.11%
1980 1.07B +221M +25.84%
1979 854M +124M +16.94%
1978 730M +250M +52.18%
1977 480M +153M +47%
1976 326M +38.51M +13.38%
1975 288M −144M −33.33%
1974 432M +133M +44.71%
1973 298M +95.54M +47.12%
1972 203M −40.27M −16.57%
1971 243M +555,969 +0.23%
1970 242M +99.4M +69.47%
1969 143M +47.6M +49.85%
1968 95.48M +15.96M +20.07%
1967 79.52M +21M +35.89%
1966 58.52M +29.4M +100.96%
1965 29.12M +7.64M +35.59%
1964 21.48M +2.8M +14.99%
1963 18.68M +1.99M +11.91%
1962 16.69M +9.52M +132.81%
1961 7.17M +1.6M +28.64%
1960 5.57M

Northern Africa, 2023

The same indicator for neighboring countries — with links to their pages

About the indicator

Military expenditure in current US dollars under the SIPRI definition. It allows absolute defense budgets to be compared, but not military capability: the purchasing power of the dollar in defense differs widely between countries, so equal budgets buy different amounts of personnel and equipment.

Source: Military Expenditure Database (SIPRI), license SIPRI terms of use.