Annual growth of general government final consumption expenditure in Libya
Libya: Annual growth of general government final consumption expenditure was 5.53 in 2023. ◆ Volatile
Annual growth of general government final consumption expenditure in Libya, 2011–2023
Source: Our World in Data.
Analysis
In 2023, annual growth of general government final consumption expenditure in Libya stood at 5.53.
Compared with earlier readings it is up 585.1% on the previous year and up 41.1% over ten years.
Over the whole period, annual growth of general government final consumption expenditure in Libya peaked at 33.45 in 2011 and was at its lowest, -21.96, in 2016.
Libya ranks 29th of 167 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of general government final consumption expenditure in Libya, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 33.45 | — |
| 2012 | 4.07 | -87.8% |
| 2013 | 3.92 | -3.7% |
| 2014 | 0.14 | -96.4% |
| 2015 | -0.11 | -178.6% |
| 2016 | -21.96 | +19863.6% |
| 2017 | -10.81 | -50.8% |
| 2018 | -13.3 | +23.0% |
| 2019 | 11 | -182.7% |
| 2020 | 10.96 | -0.4% |
| 2021 | -1.96 | -117.9% |
| 2022 | -1.14 | -41.8% |
| 2023 | 5.53 | -585.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.7111 | -21.96 | 33.45 | 9 |
| 2020s | 3.35 | -1.96 | 10.96 | 4 |
Countries ranked near Libya
- 26 Saudi Arabia 5.74 compare
- 27 Equatorial Guinea 5.7 compare
- 28 Benin 5.64 compare
- 30 Burundi 5.39 compare
- 31 Burkina Faso 5.11 compare
- 32 Somalia 4.98 compare
More economy & growth data for Libya
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.31 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- Services, value added (current US$), annual growth rate -5.8 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.2691 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 1,735 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 3.42 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 1.43 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 9,207 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 7.16 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5912 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is annual growth of general government final consumption expenditure in Libya?
- Annual growth of general government final consumption expenditure in Libya was 5.53 in 2023, according to Our World in Data.
- What is the highest annual growth of general government final consumption expenditure recorded in Libya?
- The highest recorded value was 33.45 in 2011.
- What is the lowest annual growth of general government final consumption expenditure recorded in Libya?
- The lowest recorded value was -21.96 in 2016.
- How does Libya rank for annual growth of general government final consumption expenditure?
- Libya ranks 29th out of 167 countries with data for 2023.
- Is annual growth of general government final consumption expenditure rising or falling in Libya?
- Over the last ten years it is up 41.1%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from Our World in Data, published as part of Annual growth of general government final consumption expenditure. Statizoid updates them automatically from the source API.
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