Final consumption expenditure in Libya
Libya: Final consumption expenditure was 54.45 billion constant LCU in 2025. ▼ Falling
Final consumption expenditure in Libya, 2010–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for final consumption expenditure in Libya is 54.45 billion constant LCU, measured in 2025.
Compared with earlier readings it is 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 62.16 billion constant LCU in 2013 and was at its lowest, 38.98 billion constant LCU, in 2018.
That places Libya 134th out of 177 countries with data for 2025, putting it in the bottom quarter.
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 LCU | Change |
|---|---|---|
| 2010 | 55.07 billion constant LCU | — |
| 2011 | 50.25 billion constant LCU | -8.8% |
| 2012 | 59.02 billion constant LCU | +17.5% |
| 2013 | 62.16 billion constant LCU | +5.3% |
| 2014 | 61.14 billion constant LCU | -1.6% |
| 2015 | 58.76 billion constant LCU | -3.9% |
| 2016 | 52.02 billion constant LCU | -11.5% |
| 2017 | 44.69 billion constant LCU | -14.1% |
| 2018 | 38.98 billion constant LCU | -12.8% |
| 2019 | 41.76 billion constant LCU | +7.1% |
| 2020 | 45.66 billion constant LCU | +9.3% |
| 2021 | 45.14 billion constant LCU | -1.1% |
| 2022 | 44.60 billion constant LCU | -1.2% |
| 2023 | 47.01 billion constant LCU | +5.4% |
| 2024 | 48.84 billion constant LCU | +3.9% |
| 2025 | 54.45 billion constant LCU | +11.5% |
Libya compared with similar countries
- Libya's 54.45 billion constant LCU is below the median for upper middle income countries, which is 1.54 trillion constant LCU, 4% of the median. (48 countries reporting)
- Libya's 54.45 billion constant LCU is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 864.26 billion constant LCU, 6% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 52.39 billion constant LCU | 38.98 billion constant LCU | 62.16 billion constant LCU | 10 |
| 2020s | 47.62 billion constant LCU | 44.60 billion constant LCU | 54.45 billion constant LCU | 6 |
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)
- 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 54.45 billion constant LCU 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 62.16 billion constant LCU in 2013.
- What is the lowest final consumption expenditure recorded in Libya?
- The lowest recorded value was 38.98 billion constant LCU in 2018.
- How does Libya rank for final consumption expenditure?
- Libya ranks 134th out of 177 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 LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 varies by country. This series is expressed in local currency units.