Libya military spending/defense budget for 2014 was 3.76 billion US dollars, a 5.27% decline from 2013.
Libya military spending/defense budget for 2013 was 3.96 billion US dollars, a 32.71% increase from 2012.
Libya military spending/defense budget for 2012 was 2.99 billion US dollars, a 171.57% increase from 2008.
Libya military spending/defense budget for 2008 was 1.10 billion US dollars, a 72.12% increase from 2007.
Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).