Libya - Household final consumption expenditure

Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in Libya was $19,472,050,000 as of 2008. Over the past 18 years, the value for this indicator has fluctuated between $19,674,770,000 in 1993 and $8,911,746,000 in 2003.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars.

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

See also:

Year Value
1990 $13,997,170,000
1991 $18,357,680,000
1992 $18,242,190,000
1993 $19,674,770,000
1994 $17,201,490,000
1995 $15,010,760,000
1996 $15,588,370,000
1997 $18,155,780,000
1998 $17,262,620,000
1999 $18,357,050,000
2000 $15,544,710,000
2001 $14,863,660,000
2002 $10,975,590,000
2003 $8,911,746,000
2004 $11,663,380,000
2005 $11,576,400,000
2006 $13,209,500,000
2007 $17,483,920,000
2008 $19,472,050,000

Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Libya was 23,826,000,000 as of 2008. As the graph below shows, over the past 18 years this indicator reached a maximum value of 23,826,000,000 in 2008 and a minimum value of 3,964,000,000 in 1990.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current local currency.

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

Year Value
1990 3,964,000,000
1991 5,153,000,000
1992 5,137,000,000
1993 5,989,000,000
1994 5,993,000,000
1995 6,276,000,000
1996 6,809,000,000
1997 8,368,000,000
1998 8,072,000,000
1999 8,514,000,000
2000 7,962,000,000
2001 8,994,000,000
2002 13,939,000,000
2003 11,407,040,000
2004 15,162,400,000
2005 15,146,560,000
2006 17,352,000,000
2007 22,075,200,000
2008 23,826,000,000

Household final consumption expenditure, PPP (current international $)

The latest value for Household final consumption expenditure, PPP (current international $) in Libya was 44,622,130,000 as of 2008. Over the past 9 years, the value for this indicator has fluctuated between 44,622,130,000 in 2008 and 11,459,840,000 in 2000.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to current international dollars using purchasing power parity rates based on the 2011 ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1999 11,510,280,000
2000 11,459,840,000
2001 14,597,700,000
2002 25,478,830,000
2003 21,801,740,000
2004 30,423,600,000
2005 30,611,680,000
2006 35,679,580,000
2007 43,939,740,000
2008 44,622,130,000

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in Libya was 22.35 as of 2008. Its highest value over the past 18 years was 64.18 in 1993, while its lowest value was 22.35 in 2008.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources.

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

See also:

Year Value
1990 48.43
1991 57.38
1992 53.84
1993 64.18
1994 60.13
1995 58.76
1996 55.90
1997 59.14
1998 63.35
1999 51.02
2000 40.62
2001 43.58
2002 53.59
2003 33.93
2004 35.21
2005 24.46
2006 24.03
2007 25.90
2008 22.35

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts