Libya - 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

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts