Gambia vs Libya: Gross savings
Gross savings over time
- Gambia
- Libya
How they compare
Libya currently reports 54.81 billion current LCU against 42.23 billion current LCU in Gambia, a difference of 12.57 billion current LCU.
That makes Libya's figure about 1.3 times Gambia's.
The two have swapped places 4 times across 29 shared years of data; in 1990 it was Libya ahead.
Gambia ranks 118th and Libya ranks 116th of 177 countries.
Libya has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Gambia | Libya | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 336.36 million current LCU | 1.85 billion current LCU | 1.52 billion current LCU | Libya |
| 2000s | 1.82 billion current LCU | 40.82 billion current LCU | 39.00 billion current LCU | Libya |
| 2010s | 8.41 billion current LCU | 22.98 billion current LCU | 14.56 billion current LCU | Libya |
| 2020s | 26.06 billion current LCU | 42.17 billion current LCU | 16.11 billion current LCU | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Gambia or Libya?
- Libya, at 54.81 billion current LCU against 42.23 billion current LCU in Gambia as of 2023.
- What is the difference in gross savings between Gambia and Libya?
- 12.57 billion current LCU, with Libya ahead.
- How many years of comparable data are there for Gambia and Libya?
- 29 years are reported by both, from 1990 to 2023.
- How do Gambia and Libya rank globally for gross savings?
- Gambia ranks 118th 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.