Libya vs Zambia: General government final consumption expenditure
General government final consumption expenditure over time
- Libya
- Zambia
How they compare
Zambia currently reports 83.94 billion current LCU against 82.36 billion current LCU in Libya, a difference of 1.59 billion current LCU.
The two have swapped places 5 times across 15 shared years of data; in 2010 it was Libya ahead.
Globally, Libya ranks 113th and Zambia ranks 112th of 186 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. 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.