Hungary vs Libya: General government final consumption expenditure
General government final consumption expenditure over time
- Hungary
- Libya
How they compare
Hungary currently reports 29.79 billion constant 2015 US$ against 23.45 billion constant 2015 US$ in Libya, a difference of 6.34 billion constant 2015 US$.
That makes Hungary's figure about 1.3 times Libya's.
The two have swapped places 2 times across 16 shared years of data; in 2010 it was Hungary ahead.
Globally, Hungary ranks 54th and Libya ranks 57th of 167 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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. 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 is 2015. This indicator is expressed in United States dollars.