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Libya - Military Spending 1972

Name: Libya Military Spending 1972
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Military expenditure as % of GDP · World Bank

3.71% −1.61% from 1971 Global rank: 66th

Libya's military spending was 3.71% in 1972, decreased +1.61% from 5.32% in 1971. This was the 66th highest globally.

Global Ranking - 1972▾

Military Spending by Country - 1972
Rank	Country	Value	YoY
1st	Congo, Democratic Republic of	0.00%	-17.1%
2nd	Mauritius	0.20%	-9.6%
3rd	Fiji	0.25%	14.6%
4th	Somalia, Fed. Rep.	0.45%	-6.1%
5th	Mexico	0.54%	10.0%
6th	Malawi	0.60%	3.6%
7th	Nepal	0.65%	4.8%
8th	Luxembourg	0.74%	3.6%
9th	Trinidad and Tobago	0.84%	-12.4%
10th	Japan	0.84%	2.2%
11th	El Salvador	0.88%	22.8%
12th	Sierra Leone	0.95%	6.0%
13th	Liberia	1.10%	-7.2%
14th	Burkina Faso	1.14%	-3.2%
15th	Guatemala	1.14%	2.1%
16th	Austria	1.20%	-3.5%
17th	Ireland	1.33%	6.8%
18th	Tunisia	1.41%	-4.1%
19th	Ghana	1.43%	-16.0%
20th	Burundi	1.46%	41.3%
21st	Togo	1.48%	4.8%
22nd	Benin	1.49%	-7.1%
23rd	Madagascar	1.49%	13.0%
24th	Finland	1.53%	5.6%
25th	Kenya	1.54%	25.6%
26th	Gabon	1.55%	7.6%
27th	Bolivia, Plurinational State of	1.60%	14.7%
28th	Côte d'Ivoire	1.70%	13.0%
29th	Cameroon	1.76%	-4.3%
30th	Algeria	1.80%	-14.0%
31st	Argentina	1.82%	0.9%
32nd	Honduras	1.84%	24.9%
33rd	Nicaragua	1.87%	24.0%
34th	Colombia	1.97%	-41.7%
35th	Switzerland	1.97%	-4.1%
36th	Dominican Republic	1.99%	-9.5%
37th	Ecuador	1.99%	7.3%
38th	Canada	2.01%	-5.6%
39th	Kuwait	2.04%	7.8%
40th	Denmark	2.18%	-7.7%
41st	Zimbabwe	2.18%	-4.6%
42nd	New Zealand	2.18%	-5.8%
43rd	Uruguay	2.20%	-
44th	Iran, Islamic Republic of	2.28%	-25.3%
45th	Spain	2.32%	10.0%
46th	Philippines	2.34%	12.9%
47th	South Africa	2.37%	-3.5%
48th	Mali	2.38%	24.0%
49th	Italy	2.39%	6.8%
50th	Brazil	2.44%	-7.0%
51st	Australia	2.69%	-2.8%
52nd	Netherlands	2.82%	-0.7%
53rd	Morocco	2.84%	8.2%
54th	Belgium	2.88%	-0.6%
55th	European Union	2.90%	1.3%
56th	Germany	3.15%	3.5%
57th	France	3.23%	-2.6%
58th	Hungary	3.27%	-12.5%
59th	Norway	3.29%	-2.9%
60th	Sweden	3.41%	-0.1%
61st	Tanzania	3.43%	10.8%
62nd	Türkiye	3.45%	-1.6%
63rd	Thailand	3.47%	-2.4%
64th	Congo, Republic of	3.53%	-23.3%
65th	Peru	3.63%	0.3%
66th	Libya	3.71%	-30.3%
67th	India	3.72%	1.8%
68th	Brunei Darussalam	3.82%	-23.5%
69th	Paraguay	3.85%	19.3%
70th	Greece	3.96%	-3.9%
71st	Portugal	4.06%	-6.2%
72nd	Uganda	4.06%	17.1%
73rd	Sudan	4.19%	-8.9%
74th	Malaysia	4.98%	-7.3%
75th	Korea	5.01%	5.8%
76th	Singapore	5.09%	-9.9%
77th	Lebanon	5.09%	27.2%
78th	United Kingdom	5.17%	1.9%
79th	Nigeria	5.39%	22.7%
80th	Myanmar	5.45%	-3.5%
81st	United States	6.52%	-6.1%
82nd	Chile	6.63%	5.8%
83rd	Pakistan	6.87%	1.9%
84th	Saudi Arabia	10.08%	16.7%
85th	Iraq	10.64%	1.2%
86th	Syrian Arab Republic	10.77%	27.7%
87th	Egypt, Arab Republic of	13.56%	-21.1%
88th	Oman	14.86%	54.0%
89th	Jordan	18.36%	7.0%
90th	Israel	20.37%	-10.7%

FAQ

What was Libya's military spending in 1972?▾

Libya's military spending in 1972 was 3.71%. This ranked 66th globally.

How did Libya's military spending change in 1972?▾

Libya's military spending decreased by 30.3% in 1972 compared to 1971.

Which country had the highest military spending in 1972?▾

Israel had the highest military spending in 1972 at 20.37%.

What is the military spending of Libya in 1972?▾

The military spending of Libya in 1972 was 3.71%. This ranked 66th globally.

How does 1972 compare to 1971 for Libya's military spending?▾

Libya's military spending went from 5.32% in 1971 to 3.71% in 1972, a 30.3% decrease.

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