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Classification of household consumption in Libya

Libya: Classification of household consumption was 1 in 2023. ◆ Volatile

Latest (2023)
1
World rank
1st
of 188 countries
All-time high
1
in 2016
All-time low
0
in 2021
Years of data
8
2016–2023

Classification of household consumption in Libya, 2016–2023

00.20.40.60.812016201920232016: 12017: 12018: 12019: 12020: 12021: 02022: 02023: 1

Source: Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).

Analysis

Libya recorded 1 for classification of household consumption in 2023. That is the highest value across all 8 years on record.

Compared with earlier readings it is unchanged over ten years.

That places Libya 1st out of 188 countries with data for 2023, putting it in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
2010s 1 1 1 4
2020s 0.5 0 1 4

Countries ranked near Libya

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  24. 1 Bulgaria 1 compare
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  28. 1 Cambodia 1 compare
  29. 1 Cameroon 1 compare
  30. 1 Canada 1 compare
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  40. 1 Croatia 1 compare
  41. 1 Cyprus 1 compare
  42. 1 Czechia 1 compare
  43. 1 Denmark 1 compare
  44. 1 Dominica 1 compare
  45. 1 Dominican Republic 1 compare
  46. 1 Ecuador 1 compare
  47. 1 Egypt 1 compare
  48. 1 El Salvador 1 compare
  49. 1 Equatorial Guinea 1 compare
  50. 1 Estonia 1 compare
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  54. 1 Finland 1 compare
  55. 1 France 1 compare
  56. 1 Gabon 1 compare
  57. 1 Gambia 1 compare
  58. 1 Georgia 1 compare
  59. 1 Germany 1 compare
  60. 1 Ghana 1 compare
  61. 1 Greece 1 compare
  62. 1 Grenada 1 compare
  63. 1 Guatemala 1 compare
  64. 1 Guinea 1 compare
  65. 1 Guinea-Bissau 1 compare
  66. 1 Haiti 1 compare
  67. 1 Honduras 1 compare
  68. 1 Hungary 1 compare
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  70. 1 Iran 1 compare
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  87. 1 Liberia 1 compare
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  98. 1 Mexico 1 compare
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  103. 1 Morocco 1 compare
  104. 1 Mozambique 1 compare
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  115. 1 Oman 1 compare
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  123. 1 Portugal 1 compare
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  131. 1 Senegal 1 compare
  132. 1 Serbia 1 compare
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  140. 1 South Africa 1 compare
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See the full ranking of 190 places →

More reference data data for Libya

All data for Libya →

Frequently asked questions

What is classification of household consumption in Libya?
Classification of household consumption in Libya was 1 in 2023, according to Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).
What is the highest classification of household consumption recorded in Libya?
The highest recorded value was 1 in 2016.
What is the lowest classification of household consumption recorded in Libya?
The lowest recorded value was 0 in 2021.
How does Libya rank for classification of household consumption?
Libya ranks 1st out of 188 countries with data for 2023.
Is classification of household consumption rising or falling in Libya?
Over the last ten years it is unchanged. The long-run trend across the full record is volatile.
Where does this Libya data come from?
The figures come from Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators), published as part of Classification of household consumption. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 8 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Classification of household consumption
Source
Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 1,940 data points, 2004–2023
Last refreshed

Classification of Individual Consumption According to Purpose (COICOP) is used in household budget surveys, consumer price indices and international comparisons of gross domestic product (GDP) and its component expenditures. Although COICOP is not strictly linked to any particular model of consumer behavior, the classification is designed to broadly reflect differences in income elasticities. It is an integral part of the SNA1993 and more detailed subdivision of the classes provide comparability between countries and between statistics in these different areas.