Libya vs United States Virgin Islands: General government final consumption expenditure
General government final consumption expenditure over time
- Libya
- United States Virgin Islands
How they compare
United States Virgin Islands currently reports 34.4% against 32.3% in Libya, a difference of 2.1%.
That makes United States Virgin Islands's figure about 1.1 times Libya's.
The two have swapped places 6 times across 21 shared years of data; in 2002 it was United States Virgin Islands ahead.
Libya ranks 10th and United States Virgin Islands ranks 8th of 187 countries.
Across the 3 decades both report, Libya averaged higher in 2 and United States Virgin Islands in 1.
Head to head by decade
| Decade | Libya | United States Virgin Islands | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 13.3% | 21.8% | 8.5% | United States Virgin Islands |
| 2010s | 37.8% | 30.6% | 7.3% | Libya |
| 2020s | 38.5% | 34.3% | 4.1% | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure, Libya or United States Virgin Islands?
- United States Virgin Islands, at 34.4% against 32.3% in Libya as of 2022.
- What is the difference in general government final consumption expenditure between Libya and United States Virgin Islands?
- 2.1%, with United States Virgin Islands ahead.
- How many years of comparable data are there for Libya and United States Virgin Islands?
- 21 years are reported by both, from 2002 to 2022.
- How do Libya and United States Virgin Islands rank globally for general government final consumption expenditure?
- Libya ranks 10th and United States Virgin Islands ranks 8th 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.