General government final consumption expenditure in Libya
Libya: General government final consumption expenditure was 23.45 billion constant 2015 US$ in 2025. ▼ Falling
General government final consumption expenditure in Libya, 2010–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Libya recorded 23.45 billion constant 2015 US$ for general government final consumption expenditure in 2025.
The figure is up 18.0% on the previous year and down 5.3% over ten years.
Over the whole period, general government final consumption expenditure in Libya peaked at 24.79 billion constant 2015 US$ in 2014 and was at its lowest, 14.95 billion constant 2015 US$, in 2018.
Libya ranks 57th of 168 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 16 years of available data.
General government final consumption expenditure in Libya, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2010 | 17.15 billion constant 2015 US$ | — |
| 2011 | 22.89 billion constant 2015 US$ | +33.5% |
| 2012 | 23.82 billion constant 2015 US$ | +4.1% |
| 2013 | 24.76 billion constant 2015 US$ | +3.9% |
| 2014 | 24.79 billion constant 2015 US$ | +0.1% |
| 2015 | 24.77 billion constant 2015 US$ | -0.1% |
| 2016 | 19.33 billion constant 2015 US$ | -22.0% |
| 2017 | 17.24 billion constant 2015 US$ | -10.8% |
| 2018 | 14.95 billion constant 2015 US$ | -13.3% |
| 2019 | 16.59 billion constant 2015 US$ | +11.0% |
| 2020 | 18.41 billion constant 2015 US$ | +11.0% |
| 2021 | 18.05 billion constant 2015 US$ | -2.0% |
| 2022 | 17.84 billion constant 2015 US$ | -1.1% |
| 2023 | 18.83 billion constant 2015 US$ | +5.5% |
| 2024 | 19.87 billion constant 2015 US$ | +5.5% |
| 2025 | 23.45 billion constant 2015 US$ | +18.0% |
Libya compared with similar countries
- Libya's 23.45 billion constant 2015 US$ is above the median for upper middle income countries, which is 9.28 billion constant 2015 US$, 2.5× the median. (46 countries reporting)
- Libya's 23.45 billion constant 2015 US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 29.89 billion constant 2015 US$, 78% of the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 20.63 billion constant 2015 US$ | 14.95 billion constant 2015 US$ | 24.79 billion constant 2015 US$ | 10 |
| 2020s | 19.41 billion constant 2015 US$ | 17.84 billion constant 2015 US$ | 23.45 billion constant 2015 US$ | 6 |
Countries ranked near Libya
- 54 Hungary 29.79 billion constant 2015 US$ compare
- 55 Kazakhstan 27.69 billion constant 2015 US$ compare
- 56 Cuba 25.64 billion constant 2015 US$ compare
- 58 Ukraine 22.64 billion constant 2015 US$ compare
- 59 Bangladesh 20.64 billion constant 2015 US$ compare
- 60 Slovakia 18.73 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$), annual growth rate 12.66 % change on previous year (2025)
Frequently asked questions
- What is general government final consumption expenditure in Libya?
- General government final consumption expenditure in Libya was 23.45 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in Libya?
- The highest recorded value was 24.79 billion constant 2015 US$ in 2014.
- What is the lowest general government final consumption expenditure recorded in Libya?
- The lowest recorded value was 14.95 billion constant 2015 US$ in 2018.
- How does Libya rank for general government final consumption expenditure?
- Libya ranks 57th out of 168 countries with data for 2025.
- Is general government final consumption expenditure rising or falling in Libya?
- Over the last ten years it is down 5.3%. 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 General government 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. 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 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.