Final consumption expenditure in Libya
Libya: Final consumption expenditure was 42.91 billion constant 2015 US$ in 2025. ▼ Falling
Final consumption expenditure in Libya, 2010–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Libya recorded 42.91 billion constant 2015 US$ for final consumption expenditure in 2025.
That represents a change of up 11.5% on the previous year and down 7.3% over ten years.
Over the whole period, final consumption expenditure in Libya peaked at 49.00 billion constant 2015 US$ in 2013 and was at its lowest, 30.73 billion constant 2015 US$, in 2018.
That places Libya 84th out of 172 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 16 years of available data.
Final consumption expenditure in Libya, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2010 | 43.41 billion constant 2015 US$ | — |
| 2011 | 39.61 billion constant 2015 US$ | -8.8% |
| 2012 | 46.52 billion constant 2015 US$ | +17.5% |
| 2013 | 49.00 billion constant 2015 US$ | +5.3% |
| 2014 | 48.20 billion constant 2015 US$ | -1.6% |
| 2015 | 46.31 billion constant 2015 US$ | -3.9% |
| 2016 | 41.00 billion constant 2015 US$ | -11.5% |
| 2017 | 35.22 billion constant 2015 US$ | -14.1% |
| 2018 | 30.73 billion constant 2015 US$ | -12.8% |
| 2019 | 32.92 billion constant 2015 US$ | +7.1% |
| 2020 | 35.99 billion constant 2015 US$ | +9.3% |
| 2021 | 35.58 billion constant 2015 US$ | -1.1% |
| 2022 | 35.16 billion constant 2015 US$ | -1.2% |
| 2023 | 37.05 billion constant 2015 US$ | +5.4% |
| 2024 | 38.50 billion constant 2015 US$ | +3.9% |
| 2025 | 42.91 billion constant 2015 US$ | +11.5% |
Libya compared with similar countries
- Libya's 42.91 billion constant 2015 US$ is below the median for upper middle income countries, which is 52.86 billion constant 2015 US$, 81% of the median. (47 countries reporting)
- Libya's 42.91 billion constant 2015 US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 68.85 billion constant 2015 US$, 62% of the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 41.29 billion constant 2015 US$ | 30.73 billion constant 2015 US$ | 49.00 billion constant 2015 US$ | 10 |
| 2020s | 37.53 billion constant 2015 US$ | 35.16 billion constant 2015 US$ | 42.91 billion constant 2015 US$ | 6 |
Countries ranked near Libya
- 81 Tunisia 47.34 billion constant 2015 US$ compare
- 82 Yemen 46.02 billion constant 2015 US$ compare
- 83 Uganda 44.48 billion constant 2015 US$ compare
- 85 Democratic Republic of Congo 42.86 billion constant 2015 US$ compare
- 86 Slovenia 41.09 billion constant 2015 US$ compare
- 87 Luxembourg 40.49 billion constant 2015 US$ 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -56.51 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0012 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -7.66 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 794.70 million BoP, current US$ (2023)
- Foreign direct investment, net inflows (BoP, current US$), annual 13.21 % change on previous year (2023)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0181 BoP, current US$ per US$ of GDP (2023)
- Foreign direct investment, net inflows (BoP, current US$), per capita 108.78 BoP, current US$ per person (2023)
- Total reserves (includes gold, current US$), annual growth rate 12.66 % change on previous year (2025)
Frequently asked questions
- What is final consumption expenditure in Libya?
- Final consumption expenditure in Libya was 42.91 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Libya?
- The highest recorded value was 49.00 billion constant 2015 US$ in 2013.
- What is the lowest final consumption expenditure recorded in Libya?
- The lowest recorded value was 30.73 billion constant 2015 US$ in 2018.
- How does Libya rank for final consumption expenditure?
- Libya ranks 84th out of 172 countries with data for 2025.
- Is final consumption expenditure rising or falling in Libya?
- Over the last ten years it is down 7.3%. The long-run trend across the full record is falling.
- Where does this Libya data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
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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. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.