Libya - Gross national expenditure

Gross national expenditure (current US$)

The latest value for Gross national expenditure (current US$) in Libya was $54,130,430,000 as of 2008. Over the past 18 years, the value for this indicator has fluctuated between $54,130,430,000 in 2008 and $16,954,330,000 in 2002.

Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current U.S. dollars.

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

See also:

Year Value
1990 $26,429,030,000
1991 $31,017,460,000
1992 $32,142,400,000
1993 $31,669,840,000
1994 $28,343,000,000
1995 $23,816,790,000
1996 $26,557,010,000
1997 $29,182,040,000
1998 $27,662,530,000
1999 $28,456,230,000
2000 $27,135,890,000
2001 $25,015,700,000
2002 $16,954,330,000
2003 $17,277,220,000
2004 $19,882,700,000
2005 $21,432,800,000
2006 $30,657,050,000
2007 $43,154,760,000
2008 $54,130,430,000

Gross national expenditure (current LCU)

The value for Gross national expenditure (current LCU) in Libya was 66,234,000,000 as of 2008. As the graph below shows, over the past 18 years this indicator reached a maximum value of 66,234,000,000 in 2008 and a minimum value of 7,484,700,000 in 1990.

Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency.

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

Year Value
1990 7,484,700,000
1991 8,706,600,000
1992 9,051,300,000
1993 9,640,300,000
1994 9,874,700,000
1995 9,957,800,000
1996 11,600,100,000
1997 13,450,000,000
1998 12,935,000,000
1999 13,198,000,000
2000 13,899,000,000
2001 15,137,000,000
2002 21,532,000,000
2003 22,114,840,000
2004 25,847,510,000
2005 28,042,680,000
2006 40,271,100,000
2007 54,487,200,000
2008 66,234,000,000

Gross national expenditure (% of GDP)

Gross national expenditure (% of GDP) in Libya was 62.12 as of 2008. Its highest value over the past 18 years was 103.30 in 1993, while its lowest value was 45.28 in 2005.

Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment).

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

See also:

Year Value
1990 91.44
1991 96.94
1992 94.87
1993 103.30
1994 99.07
1995 93.24
1996 95.24
1997 95.06
1998 101.51
1999 79.10
2000 70.91
2001 73.34
2002 82.78
2003 65.78
2004 60.03
2005 45.28
2006 55.78
2007 63.92
2008 62.12

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts