Libya vs New Zealand: General government final consumption expenditure
General government final consumption expenditure over time
- Libya
- New Zealand
How they compare
New Zealand currently reports 90.99 billion current LCU against 82.36 billion current LCU in Libya, a difference of 8.63 billion current LCU.
That makes New Zealand's figure about 1.1 times Libya's.
Across all 35 years both countries report, New Zealand has been ahead every year.
Libya ranks 113th and New Zealand ranks 110th of 186 countries.
New Zealand has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Libya | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.66 billion current LCU | 16.22 billion current LCU | 13.56 billion current LCU | New Zealand |
| 2000s | 7.47 billion current LCU | 28.67 billion current LCU | 21.20 billion current LCU | New Zealand |
| 2010s | 31.71 billion current LCU | 47.85 billion current LCU | 16.14 billion current LCU | New Zealand |
| 2020s | 61.69 billion current LCU | 80.90 billion current LCU | 19.22 billion current LCU | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure, Libya or New Zealand?
- New Zealand, at 90.99 billion current LCU against 82.36 billion current LCU in Libya as of 2024.
- What is the difference in general government final consumption expenditure between Libya and New Zealand?
- 8.63 billion current LCU, with New Zealand ahead.
- How many years of comparable data are there for Libya and New Zealand?
- 35 years are reported by both, from 1990 to 2024.
- How do Libya and New Zealand rank globally for general government final consumption expenditure?
- Libya ranks 113th and New Zealand ranks 110th of 186 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as General government final consumption expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.