Ratio of government expenditure to GDP in Libya 1990 to 2030

Fluctuating rise between 1990 and 2025
Between 1990 and 2025 a total increase by approximately 35.74 percentage points can be observed. The data emphasizes however that this increase did not happen continuously.

Continuous decline between 2025 and 2030
The ratio will lie at around 50.55 percent in 2030, according to forecasts. There is an overall decrease by approximately 15.18 percentage points since 2025. This decrease reflects a consistent falling trend.

Shown here is the general government expenditure as a share of the national gross domestic product. As defined by the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.