Faroe Islands vs Libya: General government final consumption expenditure
General government final consumption expenditure over time
- Faroe Islands
- Libya
How they compare
Libya currently reports 32.3% against 27.9% in Faroe Islands, a difference of 4.4%.
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 13th and Libya ranks 10th 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 | 25.5% | 22.4% | 3.1% | Faroe Islands |
| 2000s | 28.7% | 14.4% | 14.3% | Faroe Islands |
| 2010s | 29.6% | 37.8% | 8.2% | Libya |
| 2020s | 28.0% | 36.9% | 9.0% | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure, Faroe Islands or Libya?
- Libya, at 32.3% against 27.9% in Faroe Islands as of 2025.
- What is the difference in general government final consumption expenditure between Faroe Islands and Libya?
- 4.4%, 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?
- Faroe Islands ranks 13th and Libya ranks 10th of 187 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as General government final consumption expenditure (% of GDP). 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. 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.