Gambia vs Libya: Gross savings
Gross savings over time
- Gambia
- Libya
How they compare
Gambia currently reports 25.9% against 25.9% in Libya, a difference of 0.0%.
The two have swapped places 4 times across 29 shared years of data; in 1990 it was Libya ahead.
Gambia ranks 59th and Libya ranks 61st of 178 countries.
Across the 4 decades both report, Gambia averaged higher in 1 and Libya in 3.
Head to head by decade
| Decade | Gambia | Libya | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6.7% | 17.8% | 11.1% | Libya |
| 2000s | 6.6% | 56.7% | 50.1% | Libya |
| 2010s | 13.0% | 24.1% | 11.1% | Libya |
| 2020s | 22.9% | 21.8% | 1.1% | Gambia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross savings, Gambia or Libya?
- Gambia, at 25.9% against 25.9% in Libya as of 2024.
- What is the difference in gross savings between Gambia and Libya?
- 0.0%, with Gambia 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 59th and Libya ranks 61st of 178 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross savings (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.