Least developed countries vs Libya: Final consumption expenditure
Final consumption expenditure over time
- Least developed countries
- Libya
How they compare
Libya currently reports 11.5% against 4.8% in Least developed countries, a difference of 6.7%.
That makes Libya's figure about 2.4 times Least developed countries's.
The two have swapped places 7 times across 15 shared years of data; in 2011 it was Least developed countries ahead.
Least developed countries ranks 6th and Libya ranks 6th of 40 groups.
Across the 2 decades both report, Least developed countries averaged higher in 1 and Libya in 1.
Head to head by decade
| Decade | Least developed countries | Libya | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 3.8% | -2.5% | 6.3% | Least developed countries |
| 2020s | 4.0% | 4.6% | 0.7% | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Least developed countries or Libya?
- Libya, at 11.5% against 4.8% in Least developed countries as of 2025.
- What is the difference in final consumption expenditure between Least developed countries and Libya?
- 6.7%, with Libya ahead.
- How many years of comparable data are there for Least developed countries and Libya?
- 15 years are reported by both, from 2011 to 2025.
- How do Least developed countries and Libya rank globally for final consumption expenditure?
- Least developed countries ranks 6th and Libya ranks 6th of 40 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (annual % growth). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.