Annual growth of the general government final consumption expenditure in Libya
Libya: Annual growth of the general government final consumption expenditure was 5.5% in 2024. ◆ Volatile
Annual growth of the general government final consumption expenditure in Libya, 2011–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Libya recorded 5.5% for annual growth of the general government final consumption expenditure in 2024.
The figure is up 0.3% on the previous year and up 3,816.3% over ten years.
Over the whole period, annual growth of the general government final consumption expenditure in Libya peaked at 33.5% in 2011 and was at its lowest, -22.0%, in 2016.
That places Libya 43rd out of 181 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the general government final consumption expenditure in Libya, year by year
| Year | % | Change |
|---|---|---|
| 2011 | 33.5% | — |
| 2012 | 4.1% | -87.8% |
| 2013 | 3.9% | -3.6% |
| 2014 | 0.1% | -96.4% |
| 2015 | -0.1% | -175.4% |
| 2016 | -22.0% | +20487.8% |
| 2017 | -10.8% | -50.8% |
| 2018 | -13.3% | +23.1% |
| 2019 | 11.0% | -182.7% |
| 2020 | 11.0% | -0.3% |
| 2021 | -2.0% | -117.9% |
| 2022 | -1.1% | -42.2% |
| 2023 | 5.5% | -586.9% |
| 2024 | 5.5% | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.7% | -22.0% | 33.5% | 9 |
| 2020s | 3.8% | -2.0% | 11.0% | 5 |
Countries ranked near Libya
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)
- Gross capital formation (current US$), annual growth rate -0.7941 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.1427 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 920.37 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 8.91 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.7571 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 4,883 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 8.56 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1653 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is annual growth of the general government final consumption expenditure in Libya?
- Annual growth of the general government final consumption expenditure in Libya was 5.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the general government final consumption expenditure recorded in Libya?
- The highest recorded value was 33.5% in 2011.
- What is the lowest annual growth of the general government final consumption expenditure recorded in Libya?
- The lowest recorded value was -22.0% in 2016.
- How does Libya rank for annual growth of the general government final consumption expenditure?
- Libya ranks 43rd out of 181 countries with data for 2024.
- Is annual growth of the general government final consumption expenditure rising or falling in Libya?
- Over the last ten years it is up 3,816.3%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the general government final consumption expenditure (%). Statizoid updates them automatically from the source API.
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