Adjusted savings: natural resources depletion in Libya
Libya: Adjusted savings: natural resources depletion was 13.6% in 2021. ◆ Volatile
Adjusted savings: natural resources depletion in Libya, 2002–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
In 2021, adjusted savings: natural resources depletion in Libya stood at 13.6%.
Compared with earlier readings it is up 961.6% on the previous year and up 256.6% over ten years.
Over the whole period, adjusted savings: natural resources depletion in Libya peaked at 23.4% in 2008 and was at its lowest, 1.3%, in 2020.
Libya ranks 20th of 184 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: natural resources depletion in Libya, year by year
| Year | % of GNI | Change |
|---|---|---|
| 2002 | 15.9% | — |
| 2003 | 15.5% | -2.3% |
| 2004 | 19.6% | +26.5% |
| 2005 | 22.2% | +13.2% |
| 2006 | 22.7% | +2.3% |
| 2007 | 21.2% | -6.6% |
| 2008 | 23.4% | +10.0% |
| 2009 | 16.6% | -29.1% |
| 2010 | 17.8% | +7.6% |
| 2011 | 3.8% | -78.6% |
| 2012 | 17.4% | +357.6% |
| 2013 | 10.0% | -42.5% |
| 2014 | 3.8% | -62.5% |
| 2015 | 1.9% | -49.1% |
| 2016 | 1.4% | -27.1% |
| 2017 | 3.9% | +180.1% |
| 2018 | 6.5% | +65.8% |
| 2019 | 7.8% | +19.6% |
| 2020 | 1.3% | -83.5% |
| 2021 | 13.6% | +961.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.6% | 15.5% | 23.4% | 8 |
| 2010s | 7.4% | 1.4% | 17.8% | 10 |
| 2020s | 7.4% | 1.3% | 13.6% | 2 |
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)
- Gross capital formation (constant 2015 US$), annual growth rate 8.56 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1653 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 1,066 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate -0.5543 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.6595 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 4,253 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 9.18 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 3.5 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: natural resources depletion in Libya?
- Adjusted savings: natural resources depletion in Libya was 13.6% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: natural resources depletion recorded in Libya?
- The highest recorded value was 23.4% in 2008.
- What is the lowest adjusted savings: natural resources depletion recorded in Libya?
- The lowest recorded value was 1.3% in 2020.
- How does Libya rank for adjusted savings: natural resources depletion?
- Libya ranks 20th out of 184 countries with data for 2021.
- Is adjusted savings: natural resources depletion rising or falling in Libya?
- Over the last ten years it is up 256.6%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: natural resources depletion (% of GNI). Statizoid updates them automatically from the source API.
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CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Natural resource depletion is the sum of net forest depletion, energy depletion, and mineral depletion. Net forest depletion is unit resource rents times the excess of roundwood harvest over natural growth. Energy depletion is the ratio of the value of the stock of energy resources to the remaining reserve lifetime (capped at 25 years). It covers coal, crude oil, and natural gas. Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime (capped at 25 years). It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate. 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.