Libya vs Vanuatu: Final consumption expenditure
Final consumption expenditure over time
- Libya
- Vanuatu
How they compare
Libya currently reports 161.30 billion current LCU against 149.41 billion current LCU in Vanuatu, a difference of 11.88 billion current LCU.
That makes Libya's figure about 1.1 times Vanuatu's.
The two have swapped places 3 times across 35 shared years of data; in 1990 it was Vanuatu ahead.
Globally, Libya ranks 133rd and Vanuatu ranks 134th of 187 countries.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.