Libya: Military spending, percent of GDP

The latest value from 2014 is 15.48 percent, an increase from 7.64 percent in 2013. In comparison, the world average is 1.93 percent, based on data from 150 countries. Historically, the average for Libya from 1960 to 2014 is 3.3 percent. The minimum value, 0.95 percent, was reached in 2007 while the maximum of 15.48 percent was recorded in 2014. See the global rankings for that indicator or use the country comparator to compare trends over time.

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.