Adjusted savings: gross savings in Libya

Libya: Adjusted savings: gross savings was -7.17 billion current US$ in 2020. ◆ Volatile

Latest (2020)
-7.17 billion current US$
Change on year
down 148.4%
World rank
175th
of 175 countries
All-time high
59.44 billion current US$
in 2008
All-time low
-7.17 billion current US$
in 2020
Years of data
19
2002–2020

Adjusted savings: gross savings in Libya, 2002–2020

020.0B40.0B60.0B2002201120202002: 5.7B current US$2003: 13.0B current US$2004: 14.3B current US$2005: 29.5B current US$2006: 41.9B current US$2007: 46.3B current US$2008: 59.4B current US$2009: 26.3B current US$2010: 39.8B current US$2011: 9.6B current US$2012: 40.9B current US$2013: 20.0B current US$2014: 6.6B current US$2015: 2.0B current US$2016: 198.9M current US$2017: 13.8B current US$2018: 22.9B current US$2019: 14.8B current US$2020: -7.2B current US$

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 175th out of 175 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 172 Dominica -62.48 million current US$ compare
  2. 173 East Timor -203.65 million current US$ compare
  3. 174 Lebanon -653.52 million current US$ compare

See the full ranking of 177 places →

More economy & growth data for Libya

All data for Libya →

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 175th out of 175 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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CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Adjusted savings: gross savings (current US$)
Unit
current US$
Source
World Bank national accounts data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
177 places, 5,885 data points, 1970–2021
Last refreshed

Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.