Angola vs Libya: General government final consumption expenditure
General government final consumption expenditure over time
- Angola
- Libya
How they compare
Angola currently reports 16.26 billion current US$ against 15.52 billion current US$ in Libya, a difference of 737.40 million current US$.
The two have swapped places 5 times across 23 shared years of data; in 2002 it was Angola ahead.
Globally, Angola ranks 71st and Libya ranks 72nd 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 indicator is expressed in United States dollars.