Adjusted savings: net national savings in Libya
Libya: Adjusted savings: net national savings was -23.8% in 2020. ◆ Volatile
Adjusted savings: net national savings in Libya, 2002–2020
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
Libya recorded -23.8% for adjusted savings: net national savings in 2020. That is the lowest value across all 19 years on record.
Compared with earlier readings it is down 291.6% on the previous year and down 155.4% over ten years.
Over the whole period, adjusted savings: net national savings in Libya peaked at 60.2% in 2006 and was at its lowest, -23.8%, in 2020.
That places Libya 175th out of 177 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: net national savings in Libya, year by year
| Year | % of GNI | Change |
|---|---|---|
| 2002 | 17.9% | — |
| 2003 | 39.1% | +118.4% |
| 2004 | 34.5% | -11.7% |
| 2005 | 54.2% | +56.9% |
| 2006 | 60.2% | +11.0% |
| 2007 | 56.6% | -6.0% |
| 2008 | 58.2% | +2.9% |
| 2009 | 34.0% | -41.6% |
| 2010 | 43.0% | +26.6% |
| 2011 | 11.3% | -73.8% |
| 2012 | 36.5% | +223.1% |
| 2013 | 17.9% | -51.0% |
| 2014 | 2.0% | -88.8% |
| 2015 | -5.7% | -382.7% |
| 2016 | -9.2% | +61.9% |
| 2017 | 11.0% | -219.5% |
| 2018 | 20.3% | +85.3% |
| 2019 | 12.4% | -38.7% |
| 2020 | -23.8% | -291.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 44.3% | 17.9% | 60.2% | 8 |
| 2010s | 14.0% | -9.2% | 43.0% | 10 |
| 2020s | -23.8% | -23.8% | -23.8% | 1 |
Countries ranked near Libya
- 172 Congo -10.5% compare
- 173 Venezuela, Bolivarian Republic of -15.6% compare
- 174 Timor-Leste -23.6% compare
- 176 Lebanon -25.1% compare
- 177 Dominica -25.3% compare
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)
- Imports of goods and services (constant 2015 US$), annual growth rate 8.17 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3227 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 2,081 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -3.79 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth 5.63 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual -31.67 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0796 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 513.46 current LCU per person (2025)
Frequently asked questions
- What is adjusted savings: net national savings in Libya?
- Adjusted savings: net national savings in Libya was -23.8% in 2020, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Libya?
- The highest recorded value was 60.2% in 2006.
- What is the lowest adjusted savings: net national savings recorded in Libya?
- The lowest recorded value was -23.8% in 2020.
- How does Libya rank for adjusted savings: net national savings?
- Libya ranks 175th out of 177 countries with data for 2020.
- Is adjusted savings: net national savings rising or falling in Libya?
- Over the last ten years it is down 155.4%. 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: net national savings (% of GNI). 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
Net national savings are equal to gross national savings less the value of consumption of fixed capital. 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.