Adjusted savings: gross savings in Libya
Libya: Adjusted savings: gross savings was -14.2% in 2020. ◆ Volatile
Adjusted savings: gross savings in Libya, 2002–2020
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
In 2020, adjusted savings: gross savings in Libya stood at -14.2%. That is the lowest value across all 19 years on record.
Compared with earlier readings it is down 167.1% on the previous year and down 127.1% over ten years.
Over the whole period, adjusted savings: gross savings in Libya peaked at 68.5% in 2006 and was at its lowest, -14.2%, in 2020.
Libya ranks 177th of 177 countries on this measure, 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 | % of GNI | Change |
|---|---|---|
| 2002 | 27.4% | — |
| 2003 | 48.3% | +76.2% |
| 2004 | 43.6% | -9.7% |
| 2005 | 62.7% | +43.7% |
| 2006 | 68.5% | +9.4% |
| 2007 | 64.7% | -5.6% |
| 2008 | 66.5% | +2.8% |
| 2009 | 42.8% | -35.6% |
| 2010 | 52.3% | +22.2% |
| 2011 | 20.2% | -61.4% |
| 2012 | 45.8% | +126.5% |
| 2013 | 27.7% | -39.5% |
| 2014 | 11.6% | -58.0% |
| 2015 | 4.0% | -65.3% |
| 2016 | 0.4% | -90.1% |
| 2017 | 20.3% | +4996.1% |
| 2018 | 29.8% | +47.0% |
| 2019 | 21.1% | -29.2% |
| 2020 | -14.2% | -167.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 53.1% | 27.4% | 68.5% | 8 |
| 2010s | 23.3% | 0.4% | 52.3% | 10 |
| 2020s | -14.2% | -14.2% | -14.2% | 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)
- Manufacturing, value added (constant LCU), per capita 396.85 constant LCU per person (2017)
- Industry (including construction), value added (current US$), annual -1.13 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.7325 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 4,724 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 8.54 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 3.89 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 25,060 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 17.43 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: gross savings in Libya?
- Adjusted savings: gross savings in Libya was -14.2% in 2020, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in Libya?
- The highest recorded value was 68.5% in 2006.
- What is the lowest adjusted savings: gross savings recorded in Libya?
- The lowest recorded value was -14.2% in 2020.
- How does Libya rank for adjusted savings: gross savings?
- Libya ranks 177th out of 177 countries with data for 2020.
- Is adjusted savings: gross savings rising or falling in Libya?
- Over the last ten years it is down 127.1%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Adjusted savings: gross savings (% of GNI). 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. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.