Libya - Military Expenditure
In 2014, the country was number 46 comparing other countries in Military Expenditure with $3,755,658,597.93. Libya is overtaken by Malaysia, which was ranked number 45 at $3,769,026,334.86 and is followed by Egypt with $3,743,671,451.55. United States ranked the highest with $731,751,400,000 in 2019, a growth of 7.2% compared to 2018. China, India and Russia respectively ranked number 2, 3 and 4 in this ranking. Bulgaria recorded the best 5 years average growth at +23.3% per year, while Venezuela recorded the worst performance at -55.3% per year.
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| Date | US Dollars |
|---|---|
| 2014 | 3,755,658,597.93 |
| 2013 | 3,964,690,154.14 |
| 2012 | 2,987,413,407.73 |
| 2011 | |
| 2010 |
Download all data from 1960 to 2014
How does Libya rank in Military Expenditure?
| # | 156 Countries | US Dollars | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
731,751,400,000.00 | 2019 | +7.2 % | +2.5 % | View data | |
| 2 |
#2
China
|
261,081,940,426.67 | 2019 | +3.0 % | +5.4 % | View data | |
| 45 |
#45
Malaysia
|
3,769,026,334.86 | 2019 | +8.6 % | -5.2 % | View data | |
| 46 |
#46
Libya
|
3,755,658,597.93 | 2014 | -5.3 % | NA | View data | |
| 47 |
#47
Egypt
|
3,743,671,451.55 | 2019 | +20.0 % | -5.9 % | View data | |