Libya - General government final consumption expenditure

General government final consumption expenditure (current US$)

The latest value for General government final consumption expenditure (current US$) in Libya was $8,664,596,000 as of 2008. Over the past 18 years, the value for this indicator has fluctuated between $9,783,381,000 in 1992 and $3,210,236,000 in 2002.

Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1990 $7,051,554,000
1991 $8,464,553,000
1992 $9,783,381,000
1993 $7,003,942,000
1994 $6,469,575,000
1995 $5,699,593,000
1996 $6,646,062,000
1997 $7,231,503,000
1998 $7,140,719,000
1999 $6,688,228,000
2000 $7,059,742,000
2001 $6,486,531,000
2002 $3,210,236,000
2003 $3,280,709,000
2004 $4,364,231,000
2005 $5,351,804,000
2006 $5,889,235,000
2007 $8,048,155,000
2008 $8,664,596,000

General government final consumption expenditure (current LCU)

The value for General government final consumption expenditure (current LCU) in Libya was 10,602,000,000 as of 2008. As the graph below shows, over the past 18 years this indicator reached a maximum value of 10,602,000,000 in 2008 and a minimum value of 1,997,000,000 in 1990.

Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1990 1,997,000,000
1991 2,376,000,000
1992 2,755,000,000
1993 2,132,000,000
1994 2,254,000,000
1995 2,383,000,000
1996 2,903,000,000
1997 3,333,000,000
1998 3,339,000,000
1999 3,102,000,000
2000 3,616,000,000
2001 3,925,000,000
2002 4,077,000,000
2003 4,199,308,000
2004 5,673,500,000
2005 7,002,300,000
2006 7,736,100,000
2007 10,161,600,000
2008 10,602,000,000

General government final consumption expenditure (% of GDP)

General government final consumption expenditure (% of GDP) in Libya was 9.94 as of 2008. Its highest value over the past 18 years was 28.88 in 1992, while its lowest value was 9.94 in 2008.

Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1990 24.40
1991 26.46
1992 28.88
1993 22.85
1994 22.61
1995 22.31
1996 23.83
1997 23.56
1998 26.20
1999 18.59
2000 18.45
2001 19.02
2002 15.67
2003 12.49
2004 13.18
2005 11.31
2006 10.72
2007 11.92
2008 9.94

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts