Libya - Gross national expenditure (% of GDP)

Gross national expenditure (% of GDP) in Libya was 56.47 as of 2008. Its highest value over the past 18 years was 103.30 in 1993, while its lowest value was 54.74 in 2006.

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 91.45
1991 96.93
1992 94.88
1993 103.30
1994 99.08
1995 93.24
1996 95.24
1997 95.06
1998 101.51
1999 94.36
2000 82.17
2001 90.09
2002 89.32
2003 75.98
2004 68.62
2005 63.43
2006 54.74
2007 56.83
2008 56.47

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts