Libya Military Spending/Defense Budget 1960-2020

Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).
  • Libya military spending/defense budget for 2014 was $3.76B, a 5.27% decline from 2013.
  • Libya military spending/defense budget for 2013 was $3.96B, a 32.71% increase from 2012.
  • Libya military spending/defense budget for 2012 was $2.99B, a 171.57% increase from 2008.
  • Libya military spending/defense budget for 2008 was $1.10B, a 72.12% increase from 2007.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
China $200.77B
Russia $84.70B
Brazil $32.66B
Turkey $17.77B
Colombia $11.85B
Iran $9.90B
Algeria $9.72B
Mexico $8.66B
Iraq $6.92B
Thailand $5.73B
Malaysia $4.92B
South Africa $3.89B
Libya $3.76B
Azerbaijan $3.43B
Peru $3.22B
Ecuador $2.79B
Romania $2.69B
Kazakhstan $2.31B
Lebanon $2.27B
Venezuela $1.55B
Jordan $1.55B
Belarus $1.01B
Serbia $0.91B
Bulgaria $0.84B
Namibia $0.54B
Armenia $0.46B
Dominican Republic $0.44B
Paraguay $0.40B
Botswana $0.35B
Guatemala $0.25B
Gabon $0.21B
Bosnia $0.19B
Albania $0.18B
Equatorial Guinea $0.17B
Cuba $0.13B
North Macedonia $0.12B
Jamaica $0.12B
Montenegro $0.07B
Fiji $0.05B
Guyana $0.04B
Belize $0.02B
Mauritius $0.02B
Costa Rica $0.00B
Libya Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2014 $3.76B 15.48%
2013 $3.96B 7.64%
2012 $2.99B 3.75%
2008 $1.10B 1.49%
2007 $0.64B 0.95%
2006 $0.61B 1.12%
2005 $0.69B 1.53%
2004 $0.69B 2.07%
2003 $0.54B 2.07%
2002 $0.45B 2.07%
2001 $0.82B 2.41%
2000 $1.09B 3.15%
1999 $1.15B 3.78%
1998 $1.44B 5.30%
1997 $1.25B 4.08%
1982 $0.71B 2.24%
1981 $0.56B 1.76%
1980 $1.07B 2.92%
1979 $0.85B 3.22%
1978 $0.73B 3.80%
1977 $0.48B 2.46%
1976 $0.33B 1.97%
1975 $0.29B 2.25%
1974 $0.43B 3.29%
1973 $0.30B 3.98%
1972 $0.20B 3.71%
1971 $0.24B 5.32%
1970 $0.24B 6.07%
1969 $0.14B 3.76%
1968 $0.10B 2.86%
1967 $0.08B 3.36%
1966 $0.06B 2.91%
1965 $0.03B 1.86%
1964 $0.02B 1.84%
1963 $0.02B 2.41%
1962 $0.02B 3.10%
1961 $0.01B 1.86%
1960 $0.01B 1.59%