Adjusted savings: gross savings in Libya
Libya: Adjusted savings: gross savings was -7.17 billion current US$ in 2020. ◆ Volatile
Adjusted savings: gross savings in Libya, 2002–2020
Source: World Bank national accounts data files. Measured in current US$.
Analysis
The most recent figure for adjusted savings: gross savings in Libya is -7.17 billion current US$, measured in 2020. That is the lowest value across all 19 years on record.
That represents a change of down 148.4% on the previous year and down 118.0% over ten years.
Over the whole period, adjusted savings: gross savings in Libya peaked at 59.44 billion current US$ in 2008 and was at its lowest, -7.17 billion current US$, in 2020.
That places Libya 178th out of 178 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: gross savings in Libya, year by year
| Year | current US$ | Change |
|---|---|---|
| 2002 | 5.69 billion current US$ | — |
| 2003 | 12.95 billion current US$ | +127.6% |
| 2004 | 14.34 billion current US$ | +10.7% |
| 2005 | 29.48 billion current US$ | +105.6% |
| 2006 | 41.95 billion current US$ | +42.3% |
| 2007 | 46.26 billion current US$ | +10.3% |
| 2008 | 59.44 billion current US$ | +28.5% |
| 2009 | 26.28 billion current US$ | -55.8% |
| 2010 | 39.82 billion current US$ | +51.5% |
| 2011 | 9.65 billion current US$ | -75.8% |
| 2012 | 40.87 billion current US$ | +323.7% |
| 2013 | 19.96 billion current US$ | -51.2% |
| 2014 | 6.63 billion current US$ | -66.8% |
| 2015 | 1.98 billion current US$ | -70.1% |
| 2016 | 198.89 million current US$ | -90.0% |
| 2017 | 13.77 billion current US$ | +6821.9% |
| 2018 | 22.94 billion current US$ | +66.6% |
| 2019 | 14.79 billion current US$ | -35.5% |
| 2020 | -7.17 billion current US$ | -148.4% |
Libya compared with similar countries
- Libya's -7.17 billion current US$ is below the median for upper middle income countries, which is 9.19 billion current US$. (51 countries reporting)
- Libya's -7.17 billion current US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 34.07 billion current US$. (20 countries reporting)
Biggest year-on-year movements
Years where Adjusted savings: gross savings in Libya changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +6821.9% | 198.89 million current US$ | 13.77 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 29.55 billion current US$ | 5.69 billion current US$ | 59.44 billion current US$ | 8 |
| 2010s | 17.06 billion current US$ | 198.89 million current US$ | 40.87 billion current US$ | 10 |
| 2020s | -7.17 billion current US$ | -7.17 billion current US$ | -7.17 billion current US$ | 1 |
Countries ranked near Libya
More economy & growth data for Libya
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.31 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.3 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -56.51 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0012 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -7.66 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 794.70 million BoP, current US$ (2023)
- Foreign direct investment, net inflows (BoP, current US$), annual 13.21 % change on previous year (2023)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0181 BoP, current US$ per US$ of GDP (2023)
- Foreign direct investment, net inflows (BoP, current US$), per capita 108.78 BoP, current US$ per person (2023)
- Total reserves (includes gold, current US$), annual growth rate 12.66 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: gross savings in Libya?
- Adjusted savings: gross savings in Libya was -7.17 billion current US$ in 2020, according to World Bank national accounts data files.
- What is the highest adjusted savings: gross savings recorded in Libya?
- The highest recorded value was 59.44 billion current US$ in 2008.
- What is the lowest adjusted savings: gross savings recorded in Libya?
- The lowest recorded value was -7.17 billion current US$ in 2020.
- How does Libya rank for adjusted savings: gross savings?
- Libya ranks 178th out of 178 countries with data for 2020.
- Is adjusted savings: gross savings rising or falling in Libya?
- Over the last ten years it is down 118.0%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from World Bank national accounts data files, published as part of Adjusted savings: gross savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.