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Economy > Gross national expenditure Stats: compare key data on Kuwait & Libya

Definitions

  • Constant LCU: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant local currency.
  • Current LCU: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency.
  • Current US$: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current U.S. dollars.
  • Current US$ > Per $ GDP: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Current US$ > Per capita: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current U.S. dollars. Per capita figures expressed per 1 population.
  • Current US$ per capita: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current U.S. dollars. Figures expressed per capita for the same year.
STAT Kuwait Libya HISTORY
Constant LCU 11351000000 4903800000
Current LCU 14788000000 21672000000
Current US$ 50.64 billion$
Ranked 51st. 3 times more than Libya
17.06 billion$
Ranked 73th.

Current US$ > Per $ GDP 0.627$ per $1 of GDP
Ranked 143th.
0.886$ per $1 of GDP
Ranked 150th. 41% more than Kuwait

Current US$ > Per capita 19,974.33$ per capita
Ranked 19th. 6 times more than Libya
3,090.24$ per capita
Ranked 65th.

Current US$ per capita 22,054.41$
Ranked 18th. 7 times more than Libya
3,193.67$
Ranked 64th.

SOURCES: World Development Indicators database; World Development Indicators database. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.

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