Libya vs Portugal: Gross savings
Gross savings over time
- Libya
- Portugal
How they compare
Portugal currently reports 63.72 billion current LCU against 54.81 billion current LCU in Libya, a difference of 8.91 billion current LCU.
That makes Portugal's figure about 1.2 times Libya's.
The two have swapped places 6 times across 34 shared years of data; in 1990 it was Portugal ahead.
Libya ranks 116th and Portugal ranks 113th of 177 countries.
Across the 4 decades both report, Libya averaged higher in 1 and Portugal in 3.
Head to head by decade
| Decade | Libya | Portugal | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.90 billion current LCU | 19.87 billion current LCU | 17.98 billion current LCU | Portugal |
| 2000s | 30.50 billion current LCU | 22.62 billion current LCU | 7.88 billion current LCU | Libya |
| 2010s | 22.98 billion current LCU | 29.35 billion current LCU | 6.37 billion current LCU | Portugal |
| 2020s | 42.17 billion current LCU | 45.44 billion current LCU | 3.27 billion current LCU | Portugal |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Libya or Portugal?
- Portugal, at 63.72 billion current LCU against 54.81 billion current LCU in Libya as of 2024.
- What is the difference in gross savings between Libya and Portugal?
- 8.91 billion current LCU, with Portugal ahead.
- How many years of comparable data are there for Libya and Portugal?
- 34 years are reported by both, from 1990 to 2023.
- How do Libya and Portugal rank globally for gross savings?
- Libya ranks 116th and Portugal ranks 113th 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.