Libya's primary government expenditures as a proportion of original approved budget (%) was 140.37% in 2023, the latest year in the World Bank's World Development Indicators. That is up 53.43 percentage points from 86.94% in 2013.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 140.37% | 2023 |
| Five years earlier | 138.78% | 2018 |
| Ten years earlier | 86.94% | 2013 |
| Highest | 187.5% | 2017 |
| Lowest | 67.14% | 2012 |
| Average since 2014 | 118.45% | 2014–2023 |
| First recorded | 67.14% | 2012 |
What the numbers say
On record, the biggest yearly rise was 100.58 percentage points in 2017 and the biggest yearly fall was 48.72 percentage points in 2018. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 there is no clear straight-line trend: a straight line explains 6% of the movement over 9 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2023, Libya had the 1st highest value of the 32 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Libya in the 2023 ranking
- Turkmenistan — 2nd of 32: 122.19%
- Sierra Leone — 3rd of 32: 122.15%
- Ukraine — 4th of 32: 118.33%
What this measures
Primary government expenditures as a proportion of original approved budget measures the extent to which aggregate budget expenditure outturn reflects the amount originally approved, as defined in government budget documentation and fiscal reports. The coverage is budgetary central government (BCG) and the time period covered is the last three completed fiscal years.
Limitations: Although not all countries have used the PEFA methodology on an annual basis for the PEFA PI-1 indicator, the methodology relies on standard data sets for approved and final budget outturns which are commonly produced at least annually in every country. The countries that have not used the methodology to date are primarily highly developed countries which would have less difficulty in providing the necessary data than those in the lower and middle income categories that have been primary users of Public Expenditure and Financial Accountability (PEFA) to date. (As of: 2024-07-29) One limitation of the indicator is that it is an aggregate indicator of budget reliability.
All 11 values
| Year | Primary government expenditures as a proportion of original approved budget (%) |
|---|---|
| 2023 | 140.37 |
| 2022 | no data |
| 2021 | 77.51 |
| 2020 | 119.24 |
| 2019 | 137.5 |
| 2018 | 138.78 |
| 2017 | 187.5 |
| 2016 | 86.92 |
| 2015 | 100.65 |
| 2014 | 77.61 |
Primary government expenditures as a proportion of original approved budget (%) in nearby economies
- Afghanistan — 48.67% (2021)
- Algeria — 99.8% (2019)
- Egypt, Arab Rep. — 96.68% (2022)
- Iraq — 78.2% (2023)
- Jordan — 97.35% (2023)
- Kuwait — 89.81% (2024)
- Lebanon — 95.26% (2020)
- Morocco — 99.48% (2024)
More public sector data for Libya
- Arms imports (SIPRI trend indicator values) — 5 million (2024)
- Military expenditure (current USD) — 1.57 billion (2023)
- Military expenditure (current LCU) — 7.57 billion (2023)
- Military expenditure (% of GDP) — 3.57% (2023)
- Arms exports (SIPRI trend indicator values) — 0 (2016)
- Armed forces personnel, total — 0 (2020)
- Armed forces personnel (% of total labor force) — 0% (2020)
- Statistical performance indicators (SPI): Pillar 1 data use score (scale 0-100) — 20 (2024)
- Statistical performance indicators (SPI): Pillar 3 data products score (scale 0-100) — 53.76 (2024)
Reading data like this
Questions people ask
- What is Libya's primary government expenditures as a proportion of original approved budget (%)?
- 140.37% in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 2012?
- It is up 73.23 percentage points from 67.14% in 2012. The highest value was 187.5% in 2017 and the lowest 67.14% in 2012.
- How does Libya rank?
- 1st highest of 32 economies with data for 2023.
- Where does this data come from?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Public Expenditure and Financial Accountability (PEFA), World Bank (WB), uri: https://www.pefa.org/node/5239, note: The raw data collected in order to calculate this indicator are the initially Approved and Executed Budgets..
Source
World Bank, World Development Indicators, indicator GF.XPD.BUDG.ZS, licensed CC BY 4.0. Original source: Public Expenditure and Financial Accountability (PEFA), World Bank (WB), uri: https://www.pefa.org/node/5239, note: The raw data collected in order to calculate this indicator are the initially Approved and Executed Budgets. Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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