Libya: Government spending, in dollars

* indicates monthly or quarterly data series

Government spending, billion USD

 Latest value 16.07
 Year 2023
 Measure billion U.S. dollars
 Data availability 1990 - 2023
 Average 13.30
 Min - Max 3.21 - 30.14
 Source The World Bank
For that indicator, we provide data for Libya from 1990 to 2023. The average value for Libya during that period was 13.3 billion U.S. dollars with a minimum of 3.21 billion U.S. dollars in 2002 and a maximum of 30.14 billion U.S. dollars in 2019. The latest value from 2023 is 16.07 billion U.S. dollars. For comparison, the world average in 2023 based on 131 countries is 69.63 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Libya - Government spending, in dollars - Recent values chart

Historical chart
Libya - Government spending, in dollars - historical chart - 1990-2023

Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars.

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 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 24.50 2021 percent
 Government spending, in dollars 16.07 2023 billion U.S. dollars
 Fiscal balance, percent of GDP 0.10 2023 percent
 Commercial tax rate 32.60 2019 percent
 Tax preparation time 889 2019 hours
 Number of taxes 19 2019 taxes
 Foreign aid 345.07 2021 million U.S. dollars
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