Ecuador vs Libya: Gross savings
Gross savings over time
- Ecuador
- Libya
How they compare
Libya currently reports 54.81 billion current LCU against 35.30 billion current LCU in Ecuador, a difference of 19.51 billion current LCU.
That makes Libya's figure about 1.6 times Ecuador's.
The two have swapped places 7 times across 34 shared years of data; in 1990 it was Ecuador ahead.
Ecuador ranks 119th and Libya ranks 116th of 177 countries.
Across the 4 decades both report, Ecuador averaged higher in 1 and Libya in 3.
Head to head by decade
| Decade | Ecuador | Libya | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.70 billion current LCU | 1.90 billion current LCU | 1.81 billion current LCU | Ecuador |
| 2000s | 9.47 billion current LCU | 30.50 billion current LCU | 21.03 billion current LCU | Libya |
| 2010s | 22.50 billion current LCU | 22.98 billion current LCU | 476.49 million current LCU | Libya |
| 2020s | 24.95 billion current LCU | 42.17 billion current LCU | 17.22 billion current LCU | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Ecuador or Libya?
- Libya, at 54.81 billion current LCU against 35.30 billion current LCU in Ecuador as of 2023.
- What is the difference in gross savings between Ecuador and Libya?
- 19.51 billion current LCU, with Libya ahead.
- How many years of comparable data are there for Ecuador and Libya?
- 34 years are reported by both, from 1990 to 2023.
- How do Ecuador and Libya rank globally for gross savings?
- Ecuador ranks 119th and Libya ranks 116th of 177 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross savings (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.