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Libya - Military Spending 1971

Name: Libya Military Spending 1971
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Military expenditure as % of GDP · World Bank

5.32% −0.75% from 1970 Global rank: 77th

Libya's military spending was 5.32% in 1971, decreased +0.75% from 6.07% in 1970. This was the 77th highest globally.

Global Ranking - 1971▾

Military Spending by Country - 1971
Rank	Country	Value	YoY
1st	Congo, Democratic Republic of	0.00%	-11.9%
2nd	Fiji	0.22%	15.7%
3rd	Mauritius	0.22%	2.0%
4th	Somalia, Fed. Rep.	0.48%	-2.6%
5th	Mexico	0.49%	-2.0%
6th	Malawi	0.58%	-9.3%
7th	Nepal	0.62%	4.2%
8th	Luxembourg	0.71%	4.5%
9th	El Salvador	0.72%	14.0%
10th	Japan	0.82%	6.6%
11th	Sierra Leone	0.90%	-3.9%
12th	Trinidad and Tobago	0.96%	27.4%
13th	Burundi	1.03%	-41.2%
14th	Guatemala	1.12%	-34.1%
15th	Burkina Faso	1.18%	0.4%
16th	Liberia	1.19%	7.9%
17th	Kenya	1.23%	16.1%
18th	Ireland	1.24%	7.4%
19th	Austria	1.25%	-9.7%
20th	Madagascar	1.32%	-2.6%
21st	Sri Lanka	1.36%	48.7%
22nd	Bolivia, Plurinational State of	1.39%	-13.7%
23rd	Togo	1.41%	2.9%
24th	Gabon	1.44%	0.6%
25th	Finland	1.45%	5.3%
26th	Honduras	1.47%	7.4%
27th	Tunisia	1.48%	-5.5%
28th	Côte d'Ivoire	1.50%	27.0%
29th	Nicaragua	1.51%	-5.0%
30th	Benin	1.60%	-1.5%
31st	Ghana	1.70%	-19.7%
32nd	Argentina	1.81%	-3.7%
33rd	Cameroon	1.84%	-1.6%
34th	Ecuador	1.85%	1.1%
35th	Kuwait	1.89%	-20.9%
36th	Mali	1.92%	-14.0%
37th	Switzerland	2.05%	-2.4%
38th	Philippines	2.07%	-4.0%
39th	Algeria	2.09%	-2.0%
40th	Spain	2.11%	-7.8%
41st	Canada	2.13%	-2.6%
42nd	Dominican Republic	2.20%	-9.1%
43rd	Italy	2.24%	8.8%
44th	Zimbabwe	2.29%	-6.2%
45th	New Zealand	2.32%	-12.0%
46th	Denmark	2.36%	-2.8%
47th	South Africa	2.46%	5.3%
48th	Brazil	2.62%	-9.3%
49th	Morocco	2.63%	13.5%
50th	Australia	2.76%	-6.8%
51st	Netherlands	2.84%	-1.0%
52nd	European Union	2.86%	0.0%
53rd	Belgium	2.90%	-0.7%
54th	Germany	3.05%	1.6%
55th	Iran, Islamic Republic of	3.05%	-48.0%
56th	Tanzania	3.10%	34.7%
57th	Paraguay	3.23%	-2.7%
58th	France	3.32%	-4.1%
59th	Colombia	3.37%	49.3%
60th	Norway	3.39%	-2.3%
61st	Sweden	3.41%	1.5%
62nd	Uganda	3.47%	75.8%
63rd	Türkiye	3.50%	7.5%
64th	Thailand	3.56%	16.2%
65th	Peru	3.62%	3.2%
66th	India	3.65%	14.7%
67th	Hungary	3.74%	-7.2%
68th	Lebanon	4.00%	-7.7%
69th	Greece	4.12%	-1.9%
70th	Portugal	4.33%	4.7%
71st	Nigeria	4.39%	-16.8%
72nd	Congo, Republic of	4.60%	-5.4%
73rd	Sudan	4.60%	-7.1%
74th	Korea	4.73%	7.5%
75th	Brunei Darussalam	5.00%	-
76th	United Kingdom	5.08%	-2.3%
77th	Libya	5.32%	-12.4%
78th	Malaysia	5.37%	4.0%
79th	Singapore	5.64%	4.5%
80th	Myanmar	5.65%	0.9%
81st	Chile	6.26%	40.8%
82nd	Pakistan	6.74%	9.4%
83rd	United States	6.94%	-13.6%
84th	Syrian Arab Republic	8.44%	-24.8%
85th	Saudi Arabia	8.64%	-8.1%
86th	Oman	9.65%	-
87th	Iraq	10.52%	-5.8%
88th	Jordan	17.15%	-7.3%
89th	Egypt, Arab Republic of	17.19%	7.5%
90th	Israel	22.80%	-2.8%

FAQ

What was Libya's military spending in 1971?▾

Libya's military spending in 1971 was 5.32%. This ranked 77th globally.

How did Libya's military spending change in 1971?▾

Libya's military spending decreased by 12.4% in 1971 compared to 1970.

Which country had the highest military spending in 1971?▾

Israel had the highest military spending in 1971 at 22.80%.

What is the military spending of Libya in 1971?▾

The military spending of Libya in 1971 was 5.32%. This ranked 77th globally.

How does 1971 compare to 1970 for Libya's military spending?▾

Libya's military spending went from 6.07% in 1970 to 5.32% in 1971, a 12.4% decrease.

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