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Libya - Military Spending 2008

Name: Libya Military Spending 2008
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Military expenditure as % of GDP · World Bank

1.49% +0.54% from 2007 Global rank: 78th

Libya's military spending was 1.49% in 2008, increased +0.54% from 0.95% in 2007. This was the 78th highest globally.

Global Ranking - 2008▾

Military Spending by Country - 2008
Rank	Country	Value	YoY
1st	Kosovo	0.02%	-
2nd	Mauritius	0.16%	9.3%
3rd	Lao PDR	0.27%	-12.3%
4th	Liberia	0.29%	36.2%
5th	Ghana	0.29%	-20.6%
6th	Papua New Guinea	0.34%	-18.1%
7th	Luxembourg	0.36%	-27.3%
8th	Mexico	0.37%	-2.6%
9th	Guatemala	0.47%	17.5%
10th	Nigeria	0.49%	32.1%
11th	Trinidad and Tobago	0.49%	-13.2%
12th	Nicaragua	0.50%	-5.6%
13th	Cabo Verde	0.55%	14.0%
14th	Ireland	0.58%	13.4%
15th	Indonesia	0.58%	-18.7%
16th	Malawi	0.59%	10.2%
17th	Sierra Leone	0.60%	-28.4%
18th	Moldova	0.61%	17.9%
19th	Malta	0.61%	-0.9%
20th	Mozambique	0.65%	2.1%
21st	Benin	0.66%	-0.3%
22nd	Cambodia	0.68%	-13.0%
23rd	Paraguay	0.68%	-7.9%
24th	Congo, Democratic Republic of	0.70%	-37.0%
25th	Tanzania	0.70%	-8.4%
26th	Dominican Republic	0.70%	11.5%
27th	Switzerland	0.72%	0.6%
28th	Niger	0.74%	3.4%
29th	Argentina	0.76%	-3.8%
30th	Mongolia	0.82%	-21.8%
31st	Austria	0.88%	-3.3%
32nd	Japan	0.91%	2.6%
33rd	Bangladesh	0.94%	-5.9%
34th	Jamaica	0.95%	46.1%
35th	Honduras	0.95%	22.9%
36th	El Salvador	0.96%	-1.2%
37th	Madagascar	0.96%	0.2%
38th	Guyana	1.01%	10.3%
39th	Tajikistan	1.02%	-9.6%
40th	South Africa	1.04%	-1.8%
41st	Belize	1.07%	33.5%
42nd	Gambia, The	1.09%	208.2%
43rd	Côte d'Ivoire	1.10%	-4.3%
44th	Lithuania	1.13%	1.6%
45th	Seychelles	1.15%	-21.7%
46th	New Zealand	1.15%	-2.5%
47th	Kazakhstan	1.15%	-11.0%
48th	Sweden	1.17%	-10.2%
49th	Hungary	1.18%	-6.9%
50th	Germany	1.19%	3.1%
51st	Bosnia and Herzegovina	1.22%	-1.3%
52nd	Belgium	1.22%	11.3%
53rd	Czechia	1.23%	-13.4%
54th	Burkina Faso	1.24%	-12.2%
55th	Canada	1.25%	5.0%
56th	Peru	1.25%	-4.4%
57th	Philippines	1.25%	-3.2%
58th	Thailand	1.25%	22.9%
59th	Cameroon	1.26%	1.1%
60th	Tunisia	1.29%	2.3%
61st	Senegal	1.29%	-6.4%
62nd	Netherlands	1.30%	-3.7%
63rd	Rwanda	1.31%	-4.3%
64th	Uganda	1.35%	-3.4%
65th	Denmark	1.35%	3.4%
66th	Spain	1.37%	0.3%
67th	Norway	1.37%	-6.1%
68th	Finland	1.39%	8.0%
69th	Nepal	1.40%	3.4%
70th	Romania	1.40%	-6.3%
71st	Portugal	1.42%	2.8%
72nd	Brazil	1.44%	-1.7%
73rd	European Union	1.45%	1.3%
74th	Belarus	1.45%	-11.9%
75th	Slovak Republic	1.46%	-1.2%
76th	Mali	1.47%	8.2%
77th	Equatorial Guinea	1.48%	-1.3%
78th	Libya	1.49%	57.4%
79th	Slovenia	1.50%	3.6%
80th	Fiji	1.52%	-32.0%
81st	Italy	1.53%	6.2%
82nd	Lesotho	1.55%	-34.6%
83rd	Central African Republic	1.55%	42.3%
84th	Kenya	1.62%	4.4%
85th	Cyprus	1.63%	-3.3%
86th	Latvia	1.70%	4.1%
87th	China	1.72%	-1.9%
88th	Togo	1.72%	18.2%
89th	North Macedonia	1.74%	-10.7%
90th	Poland	1.75%	-12.7%
91st	Estonia	1.77%	6.6%
92nd	Congo, Republic of	1.79%	-6.6%
93rd	Australia	1.80%	-0.8%
94th	Croatia	1.82%	13.2%
95th	Malaysia	1.82%	-6.8%
96th	Uruguay	1.87%	5.2%
97th	Montenegro	1.87%	7.3%
98th	France	1.90%	-0.6%
99th	Albania	1.98%	9.0%
100th	Eswatini	2.00%	21.6%
101st	Qatar	2.01%	2.6%
102nd	Serbia	2.05%	-5.3%
103rd	Zambia	2.08%	0.8%
104th	Bulgaria	2.13%	-4.3%
105th	Viet Nam	2.16%	-6.4%
106th	Egypt, Arab Republic of	2.18%	-8.4%
107th	Türkiye	2.18%	-0.8%
108th	Bolivia, Plurinational State of	2.19%	47.3%
109th	Brunei Darussalam	2.26%	-5.0%
110th	Afghanistan	2.34%	-9.0%
111th	Iraq	2.37%	5.7%
112th	Korea	2.39%	5.2%
113th	United Kingdom	2.49%	4.7%
114th	Chile	2.58%	10.8%
115th	Djibouti	2.63%	-9.4%
116th	India	2.63%	6.2%
117th	Ukraine	2.67%	-6.9%
118th	Iran, Islamic Republic of	2.68%	1.1%
119th	Ecuador	2.69%	2.4%
120th	Burundi	2.72%	-20.3%
121st	Bahrain	2.80%	-5.3%
122nd	Algeria	2.87%	3.5%
123rd	Kyrgyz Republic	2.90%	-5.0%
124th	Kuwait	3.01%	-16.3%
125th	Greece	3.02%	11.2%
126th	Mauritania	3.06%	13.6%
127th	Botswana	3.10%	6.8%
128th	Namibia	3.14%	20.2%
129th	Russian Federation	3.15%	1.0%
130th	Morocco	3.18%	4.5%
131st	Sri Lanka	3.24%	-0.5%
132nd	Azerbaijan	3.29%	14.9%
133rd	Armenia	3.40%	11.6%
134th	Pakistan	3.46%	-1.5%
135th	Syrian Arab Republic	3.55%	-13.4%
136th	Angola	3.57%	14.7%
137th	Timor-Leste	3.65%	-16.6%
138th	United Arab Emirates	3.67%	11.8%
139th	Colombia	3.74%	13.7%
140th	Singapore	3.85%	6.9%
141st	Lebanon	4.02%	-13.5%
142nd	Chad	4.28%	31.6%
143rd	Yemen, Republic of	4.45%	-8.3%
144th	United States	4.45%	9.2%
145th	Oman	4.96%	-26.2%
146th	Sudan	4.98%	21.9%
147th	South Sudan	5.76%	-
148th	Jordan	5.99%	2.5%
149th	Israel	6.24%	1.3%
150th	Saudi Arabia	7.35%	-13.8%
151st	Georgia	8.52%	-7.0%

FAQ

What was Libya's military spending in 2008?▾

Libya's military spending in 2008 was 1.49%. This ranked 78th globally.

How did Libya's military spending change in 2008?▾

Libya's military spending increased by 57.4% in 2008 compared to 2007.

Which country had the highest military spending in 2008?▾

Georgia had the highest military spending in 2008 at 8.52%.

What is the military spending of Libya in 2008?▾

The military spending of Libya in 2008 was 1.49%. This ranked 78th globally.

How does 2008 compare to 2007 for Libya's military spending?▾

Libya's military spending went from 0.95% in 2007 to 1.49% in 2008, a 57.4% increase.

HistorySaid - pattern alert

Libya matched the Fiscal Dominance Trap pattern in 2008. Historically: 386 occurrences, 278 successful (72%). Outcome 24 months later: 2.8%. View full analysis →

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