Libya's general government final consumption expenditure (constant LCU) was 28.74 billion in 2025, the latest year in the World Bank's World Development Indicators. That is down 5.31% from 30.35 billion in 2015 (0.54% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 28.74 billion | 2025 |
| Five years earlier | 22.56 billion | 2020 |
| Ten years earlier | 30.35 billion | 2015 |
| Highest | 30.38 billion | 2014 |
| Lowest | 18.32 billion | 2018 |
| Average since 2016 | 22.62 billion | 2016–2025 |
| First recorded | 21.02 billion |
What the numbers say
In 2025, Libya's general government final consumption expenditure (constant LCU) rose 18% on 2024 (from 24.35 billion to 28.74 billion).
Across the 14 yearly changes before that (2011 to 2024), the average change was +1.8% and a typical year strayed about 13% from that (the standard deviation). This year's change was 1.2 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 33.5% in 2011 and the biggest yearly fall was 22% in 2016. 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 the straight-line trend is upward, about 581.83 million a year. A straight line explains 41% of the movement over 10 observed years.
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 102nd highest value of the 130 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. 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 varies by country. This series is expressed in local currency units.
All 16 values
| Year | General government final consumption expenditure (constant LCU) |
|---|---|
| 2025 | 28,738,100,700 |
| 2024 | 24,354,300,000 |
| 2023 | 23,075,603,700 |
| 2022 | 21,867,032,300 |
| 2021 | 22,118,121,900 |
| 2020 | 22,560,899,300 |
| 2019 | 20,331,550,200 |
| 2018 | 18,316,833,800 |
| 2017 | 21,127,619,800 |
| 2016 | 23,687,323,200 |
General government final consumption expenditure (constant LCU) in nearby economies
- Algeria — 1.59 trillion (2025)
- Bahrain — 2.34 billion (2024)
- Djibouti — 116.27 billion (2025)
- Egypt, Arab Rep. — 544.5 billion (2025)
- Iran, Islamic Rep. — 10,151.5 trillion (2025)
- Iraq — 45.94 trillion (2024)
- Israel — 429.29 billion (2025)
- Kuwait — 9.72 billion (2024)
- Lebanon
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 general government final consumption expenditure (constant LCU)?
- 28.74 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 2010?
- It is up 36.7% from 21.02 billion in 2010 (2.11% a year on average, compounded). The highest value was 30.38 billion in 2014 and the lowest 18.32 billion in 2018.
- How does Libya rank?
- 102nd highest of 130 economies with data for 2025.
- Is the latest change in general government final consumption expenditure (constant LCU) unusual for Libya?
- In 2025, Libya's general government final consumption expenditure (constant LCU) rose 18% on 2024 (from 24.35 billion to 28.74 billion). Across the 14 yearly changes before that (2011 to 2024), the average change was +1.8% and a typical year strayed about 13% from that (the standard deviation). This year's change was 1.2 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.GOVT.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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