Sunday, May 10, 2026
LibyaReview
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
LibyaReview
No Result
View All Result
Home Libya

Libya’s Military Budget 3rd Largest in Africa

May 2, 2023
Share on FacebookShare on Twitter

Libya’s defensce spending in 2023 is estimated at $3.5 billion dollars, ranking 3rd in Africa and 51st globally, according to Global Firepower (GFP), a website dedicated to military affairs.

The volume of spending for African countries that have the largest defence budgets in 2023 is about $24 billion dollars. This includes armies that are ranked among the 36 most powerful in the world.

Algeria’s defense spending is estimated at $9.9 billion, and ranks 1st in Africa and 24th in the world. Egypt’s defence spending is estimated at $4.3 billion, 2nd in Africa and 46th in the world, while Libya comes 3rd with $3.5 billion.

However, higher spending does not correlate to the ranking of the army’s strength. The Ethiopian army is ranked 5th in Africa in military power, but its defence spending does not exceed $538 million.

Libya has two rival armies in the east and west of the oil-rich country. The eastern-based Libyan National Army (LNA) is controlled by Field Marshal Khalifa Haftar, while the western-based rival is under the UN-recognized Government of National Unity (GNU).

The two rival parties signed a ceasefire agreement in October 2020.

Libya descended into a decade of violence following the 2011 overthrow of the late longtime leader, Muammar Gaddafi in a NATO-backed rebellion.

The resulting power grab gave rise to a myriad of home-grown militias and prompted interventions by Arab powers as well as Turkey, and Western states.

Presidential and legislative elections were originally scheduled for December 2021, to cap an UN-sponsored peace process. But the polls were postponed indefinitely, because of controversial candidates and the laws on participation.

The current stalemate grew out of the failure to hold elections in December, and the refusal of Prime Minister Abdel-Hamid Dbaiba, who is leading the transitional government, to step down.

In response, the country’s eastern-based Parliament appointed a rival Prime Minister, Fathi Bashagha, who has for months sought to install his government in Tripoli.

Tags: AfricaalgeriaEgyptlibyaLibyan Military
Next Post

Libyan Delegation to Participate in Arab-Chinese Businessmen Conference

POPULAR CATEGORIES

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

MUST READ

Libya’s Al-Zawiya Clashes Trigger Mass Evacuations

Swiss Police Seek Public Help to Find Missing Libyan Doctor in Alps

Libya Restores Fuel Supply Operations in Al Zawiya After Security Unrest

Libya & EU Review Operation IRINI Cooperation

Saddam Haftar Attends SAHA 2026 Defence & Aerospace Exhibition in Istanbul

Libyan Hunters Freed in Chad After Intervention by Lieutenant General Saddam Haftar

EDITOR PICKS

Authorities in Eastern Libya Transfer 70 Chadian Migrants

Libyan Hunters Freed in Chad After Intervention by Lieutenant General Saddam Haftar

Libya’s Al-Zawiya Clashes Trigger Mass Evacuations

Saddam Haftar Attends SAHA 2026 Defence & Aerospace Exhibition in Istanbul

Libya’s Sirte Airport Launches Direct Hajj Flight

Libya & EU Review Operation IRINI Cooperation

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR

No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR