Libya

Military Spending (% of GDP)

15.48
percent of GDP
Dec 61Dec 64Dec 67Dec 70Dec 73Dec 76Dec 79Dec 82Dec 99Dec 02Dec 05Dec 08Dec 140.0004.0008.00012.0016.00
  • Libya
  • Global Median
Source: IMF

Definition of Military Spending (% of GDP)

Military spending includes expenditure on peacekeeping, defense ministries, paramilitary forces, and military space activities. Also: military and civil personnel, including retirement pensions; operations and maintenance; procurement; military research and development; and military aid. Defense and current expenditure for past military activities, such as for veterans' benefits, demobilization, conversion, and weapon destruction, are not included.

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