World Bank · Economy

Libya: Final consumption expenditure (constant 2015 US$)

42.91Bconstant 2015 USD · 2025-7.3% since 2015

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 is 2015. This indicator is expressed in United States dollars. Annual figures for Libya from 2010 to 2025.