In 2019, the total economic impact of violence in Libya exceeded 34 billion U.S. dollars, adjusted for purchasing power parity (PPP). This indicator measures both the direct and indirect costs of violent acts, considering the multiplier effect. From 2010 onwards, the value fluctuated, peaking at 48.44 billion U.S. dollars in 2017. The country had one of the highest economic costs of violence as a percentage of gross domestic product (GDP) in North Africa in 2019, at 21 percent.
Economic impact of violence in Libya from 2010 to 2019
(in billion 2019 PPP U.S. dollars)
The source adds the following information:
"The economic impact of violence includes the direct and indirect costs of violence as well as an economic multiplier applied to the direct costs. The economic cost of violence includes only the direct and indirect costs. The percentage of GDP results are calculated using the economic cost of violence."
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Vision of Humanity. (January 30, 2021). Economic impact of violence in Libya from 2010 to 2019 (in billion 2019 PPP U.S. dollars) [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1222597/economic-impact-of-violence-in-libya/
Vision of Humanity. "Economic impact of violence in Libya from 2010 to 2019 (in billion 2019 PPP U.S. dollars)." Chart. January 30, 2021. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1222597/economic-impact-of-violence-in-libya/
Vision of Humanity. (2021). Economic impact of violence in Libya from 2010 to 2019 (in billion 2019 PPP U.S. dollars). Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1222597/economic-impact-of-violence-in-libya/
Vision of Humanity. "Economic Impact of Violence in Libya from 2010 to 2019 (in Billion 2019 Ppp U.S. Dollars)." Statista, Statista Inc., 30 Jan 2021, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1222597/economic-impact-of-violence-in-libya/
Vision of Humanity, Economic impact of violence in Libya from 2010 to 2019 (in billion 2019 PPP U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1222597/economic-impact-of-violence-in-libya/ (last visited November 13, 2024)
Economic impact of violence in Libya from 2010 to 2019 (in billion 2019 PPP U.S. dollars) [Graph], Vision of Humanity, January 30, 2021. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1222597/economic-impact-of-violence-in-libya/
