Discrepancy in expenditure estimate of GDP in Libya
Libya: Discrepancy in expenditure estimate of GDP was 42.74 billion current LCU in 2025. ◆ Volatile
Discrepancy in expenditure estimate of GDP in Libya, 1990–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2025, discrepancy in expenditure estimate of gdp in Libya stood at 42.74 billion current LCU. That is the highest value across all 36 years on record.
The figure is up 29.2% on the previous year and up 42,736,100.0% over ten years.
Over the whole period, discrepancy in expenditure estimate of gdp in Libya peaked at 42.74 billion current LCU in 2025 and was at its lowest, -1.58 billion current LCU, in 2019.
That places Libya 18th out of 185 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 254.81 million current LCU | -1.00 million current LCU | 2.55 billion current LCU | 10 |
| 2000s | 2.57 billion current LCU | 0 current LCU | 11.24 billion current LCU | 10 |
| 2010s | -158.03 million current LCU | -1.58 billion current LCU | 100,000 current LCU | 10 |
| 2020s | 14.54 billion current LCU | 175.45 million current LCU | 42.74 billion current LCU | 6 |
Countries ranked near Libya
- 15 Mauritius 54.73 billion current LCU compare
- 16 Zambia 53.45 billion current LCU compare
- 17 New Caledonia 46.15 billion current LCU compare
- 19 United Arab Emirates 31.19 billion current LCU compare
- 20 Turkmenistan 24.48 billion current LCU compare
- 21 Ghana 13.92 billion current LCU compare
More economy & growth data for Libya
- Industry (including construction), value added 73.2% (2025)
- Gross national expenditure 50.86 billion constant 2015 US$ (2025)
- Services, value added 12.94 billion current US$ (2025)
- Gross national expenditure 77.5% (2025)
- Exports of goods and services 34.49 billion current US$ (2025)
- Exports of goods and services 182.99 billion current LCU (2025)
- Exports of goods and services 22.63 billion constant 2015 US$ (2025)
- Exports of goods and services 19.1% (2025)
- Gross fixed capital formation 8.6% (2025)
- Gross fixed capital formation 7.95 billion constant 2015 US$ (2025)
Frequently asked questions
- What is discrepancy in expenditure estimate of gdp in Libya?
- Discrepancy in expenditure estimate of gdp in Libya was 42.74 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest discrepancy in expenditure estimate of gdp recorded in Libya?
- The highest recorded value was 42.74 billion current LCU in 2025.
- What is the lowest discrepancy in expenditure estimate of gdp recorded in Libya?
- The lowest recorded value was -1.58 billion current LCU in 2019.
- How does Libya rank for discrepancy in expenditure estimate of gdp?
- Libya ranks 18th out of 185 countries with data for 2025.
- Is discrepancy in expenditure estimate of gdp rising or falling in Libya?
- Over the last ten years it is up 42,736,100.0%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Discrepancy in expenditure estimate of GDP (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Although the SNA ensures there is perfect consistency between the three measures of GDP, this is a conceptual consistency that in general does not emerge naturally from data compilations. This is because of the wide disparity of data sources that must be called on and the fact that any error in any source will lead to a difference between at least two of the GDP measures. In practice it is inevitable that many such data errors will exist and will become apparent in exercises such as the balancing of supply and use tables. 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.