Libya: Military spending

* indicates monthly or quarterly data series

Military spending, in billion U.S. dollars

 Latest value 3.76
 Year 2014
 Measure billion U.S. dollars
 Data availability 1960 - 2014
 Average 0.74
 Min - Max 0.01 - 3.96
 Source Stockholm International Peace Research Institute
For that indicator, we provide data for Libya from 1960 to 2014. The average value for Libya during that period was 0.74 billion U.S. dollars with a minimum of 0.01 billion U.S. dollars in 1960 and a maximum of 3.96 billion U.S. dollars in 2013. The latest value from 2014 is 3.76 billion U.S. dollars. For comparison, the world average in 2014 based on 155 countries is 11.23 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 - Military spending - Recent values chart

Historical chart
Libya - Military spending - historical chart - 1960-2014

Definition: Military spending includes expenditure on peacekeeping, defense ministries, paramilitary forces, and military space activities. Also: military and civil personnel, including retirement pensions; operations and maintenance; procurement; military research and development; and military aid. Defense and current expenditure for past military activities, such as for veterans' benefits, demobilization, conversion, and weapon destruction, are not included.

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 Related indicators Latest value Reference Measure
 Military spending 3.76 2014 billion U.S. dollars
 Military spending, percent of GDP 15.48 2014 percent
 Military spending, percent of government spending 10.91 2014 percent
 Armed forces 0 2020 people
 Armed forces, percent of labor force 0.00 2020 percent
 Arms exports 0.00 2011 million U.S. dollars
 Arms imports 116.00 2013 dollars
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