Libya's final consumption expenditure (constant LCU) was 54.45 billion in 2025, the latest year in the World Bank's World Development Indicators. That is down 7.34% from 58.76 billion in 2015 (0.76% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 54.45 billion | 2025 |
| Five years earlier | 45.66 billion | 2020 |
| Ten years earlier | 58.76 billion | 2015 |
| Highest | 62.16 billion | 2013 |
| Lowest | 38.98 billion | 2018 |
| Average since 2016 | 46.32 billion | 2016–2025 |
| First recorded | 55.07 billion |
What the numbers say
In 2025, Libya's final consumption expenditure (constant LCU) rose 11.5% on 2024 (from 48.84 billion to 54.45 billion).
Across the 14 yearly changes before that (2011 to 2024), the average change was −0.5% and a typical year strayed about 9.2% from that (the standard deviation). This year's change was 1.3 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 17.5% in 2012 and the biggest yearly fall was 14.1% in 2017. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 there is no clear straight-line trend: a straight line explains 16% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Libya had the 112th highest value of the 132 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Libya in the 2025 ranking
What this measures
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.
All 16 values
| Year | Final consumption expenditure (constant LCU) |
|---|---|
| 2025 | 54,445,004,900 |
| 2024 | 48,839,400,000 |
| 2023 | 47,010,917,600 |
| 2022 | 44,602,376,700 |
| 2021 | 45,142,541,900 |
| 2020 | 45,663,599,600 |
| 2019 | 41,760,504,100 |
| 2018 | 38,982,890,500 |
| 2017 | 44,685,062,100 |
| 2016 | 52,017,915,600 |
Final consumption expenditure (constant LCU) in nearby economies
- Algeria — 6.55 trillion (2025)
- Bahrain — 8.15 billion (2024)
- Djibouti — 650.33 billion (2025)
- Egypt, Arab Rep. — 8.18 trillion (2025)
- Iran, Islamic Rep. — 42,653.4 trillion (2025)
- Iraq — 142.06 trillion (2024)
- Israel — 1.29 trillion (2025)
- Kuwait — 23.53 billion (2024)
- Lebanon — 51.23 trillion (2024)
- Malta — 12.6 billion (2025)
More economic policy & debt data for Libya
- Total reserves, including gold (current US$) — US$104.66 billion (2025)
- Total reserves, excluding gold (current US$) — US$84.06 billion (2025)
- GDP (current US$) — US$48.1 billion (2025)
- GDP (current LCU) — 255.17 billion (2025)
- GDP (constant 2015 US$) — US$64.4 billion (2025)
- GDP (constant LCU) — 96.66 billion (2025)
- GDP per capita (current US$) — US$6,449 (2025)
- GDP per capita (current LCU) — 34,212 (2025)
- GDP per capita (constant 2015 US$) — US$8,634 (2025)
- GDP per capita (constant LCU) — 12,960 (2025)
- GNI (current US$) — US$49.92 billion (2025)
Reading data like this
Questions people ask
- What is Libya's final consumption expenditure (constant LCU)?
- 54.45 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 2010?
- It is down 1.14% from 55.07 billion in 2010 (0.08% a year on average, compounded). The highest value was 62.16 billion in 2013 and the lowest 38.98 billion in 2018.
- How does Libya rank?
- 112th highest of 132 economies with data for 2025.
- Is the latest change in final consumption expenditure (constant LCU) unusual for Libya?
- In 2025, Libya's final consumption expenditure (constant LCU) rose 11.5% on 2024 (from 48.84 billion to 54.45 billion). Across the 14 yearly changes before that (2011 to 2024), the average change was −0.5% and a typical year strayed about 9.2% from that (the standard deviation). This year's change was 1.3 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator NE.CON.TOTL.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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