Military Expenditure in Libya decreased to 3755.70 USD Million in 2014 from 3964.70 USD Million in 2013. source: SIPRI

Military Expenditure in Libya averaged 720.58 USD Million from 1959 until 2014, reaching an all time high of 3964.70 USD Million in 2013 and a record low of 5.60 USD Million in 1960. Libya Military Expenditure - values, historical data and charts - was last updated on December of 2022.

Military Expenditure in Libya is expected to reach 4899.11 USD Million by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Libya Military Expenditure is projected to trend around 3473.09 USD Million in 2023 and 3110.43 USD Million in 2024, according to our econometric models.

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Libya Military Expenditure



Related Last Previous Unit Reference
Military Expenditure 3755.70 3964.70 USD Million Dec 2014