Iceland vs Libya: Final consumption expenditure
Final consumption expenditure over time
- Iceland
- Libya
How they compare
Libya currently reports 30.40 billion current US$ against 29.20 billion current US$ in Iceland, a difference of 1.20 billion current US$.
Across all 36 years both countries report, Libya has been ahead every year.
Globally, Iceland ranks 107th and Libya ranks 104th of 187 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.