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Military Expenditure (Local Currency) in Libya

Source: World Bank, SIPRI, National Statistical Office
Last Updated: Dec 1, 2021

Military expenditure in local currency reached LYD 4.78 bil in 2014 in Libya, according to the SIPRI Military Expenditure Database. This is 5.21% less than in the previous year.

Historically, military expenditure in local currency in Libya reached an all time high of LYD 5.04 bil in 2013 and an all time low of LYD 0.002 bil in 1960.

Libya has been ranked 102nd within the group of 156 countries we follow in terms of interest rate on military expenditure in local currency.

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