Libya vs Panama: Final consumption expenditure
Final consumption expenditure over time
- Libya
- Panama
How they compare
Libya currently reports 54.45 billion constant LCU against 50.60 billion constant LCU in Panama, a difference of 3.85 billion constant LCU.
That makes Libya's figure about 1.1 times Panama's.
The two have swapped places 3 times across 15 shared years of data; in 2010 it was Libya ahead.
Globally, Libya ranks 134th and Panama ranks 136th of 176 countries.
Individual pages
About this data
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 varies by country. This series is expressed in local currency units.