Faroe Islands vs Libya: General government final consumption expenditure (current US$), per

Faroe Islands
0.2786 current US$ per US$ of GDP
in 2024
Libya
0.3227 current US$ per US$ of GDP
in 2025
Faroe Islands rank
14th
Libya rank
11th

General government final consumption expenditure (current US$), per over time

  • Faroe Islands
  • Libya
0.10.20.30.40.5199020072025

How they compare

Libya currently reports 0.3227 current US$ per US$ of GDP against 0.2786 current US$ per US$ of GDP in Faroe Islands, a difference of 0.0441 current US$ per US$ of GDP.

That makes Libya's figure about 1.2 times Faroe Islands's.

The two have swapped places 4 times across 27 shared years of data; in 1998 it was Libya ahead.

Faroe Islands ranks 14th and Libya ranks 11th of 187 countries.

Across the 4 decades both report, Faroe Islands averaged higher in 2 and Libya in 2.

Head to head by decade

Decade Faroe Islands Libya Difference Ahead
1990s 0.2553 current US$ per US$ of GDP 0.224 current US$ per US$ of GDP 0.0313 current US$ per US$ of GDP Faroe Islands
2000s 0.2872 current US$ per US$ of GDP 0.1439 current US$ per US$ of GDP 0.1433 current US$ per US$ of GDP Faroe Islands
2010s 0.296 current US$ per US$ of GDP 0.3783 current US$ per US$ of GDP 0.0823 current US$ per US$ of GDP Libya
2020s 0.2796 current US$ per US$ of GDP 0.3693 current US$ per US$ of GDP 0.0897 current US$ per US$ of GDP Libya

Averages of every year both report within each decade.

Frequently asked questions

Which has higher general government final consumption expenditure (current us$), per, Faroe Islands or Libya?
Libya, at 0.3227 current US$ per US$ of GDP against 0.2786 current US$ per US$ of GDP in Faroe Islands as of 2025.
What is the difference in general government final consumption expenditure (current us$), per between Faroe Islands and Libya?
0.0441 current US$ per US$ of GDP, with Libya ahead.
How many years of comparable data are there for Faroe Islands and Libya?
27 years are reported by both, from 1998 to 2024.
How do Faroe Islands and Libya rank globally for general government final consumption expenditure (current us$), per?
Faroe Islands ranks 14th and Libya ranks 11th of 187 countries.
Where does this data come from?
Statizoid (derived), published as General government final consumption expenditure (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Libya: General government final consumption expenditure (current US$), per. Statizoid, drawing on Statizoid (derived). Retrieved 10 September 2026, from https://economy.statizoid.com/compare/general-government-final-consumption-expenditure-current-us-per-unit-of-gdp/faroe-islands/libya/

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About this data

Indicator
General government final consumption expenditure (current US$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
230 places, 11,054 data points, 1960–2025
Last refreshed

General government final consumption expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.