Gross savings (current LCU), per unit of GDP in Libya
Libya: Gross savings (current LCU), per unit of GDP was 1.24 current LCU per US$ of GDP in 2023. ◆ Volatile
Gross savings (current LCU), per unit of GDP in Libya, 1990–2023
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Libya recorded 1.24 current LCU per US$ of GDP for gross savings (current lcu), per unit of gdp in 2023.
That represents a change of down 21.2% on the previous year and up 223.5% over ten years.
Over the whole period, gross savings (current lcu), per unit of gdp in Libya peaked at 1.58 current LCU per US$ of GDP in 2022 and was at its lowest, -0.0055 current LCU per US$ of GDP, in 2020.
Libya ranks 103rd of 178 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings (current LCU), per unit of GDP in Libya, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1990 | 0.0709 current LCU per US$ of GDP | — |
| 1991 | 0.0402 current LCU per US$ of GDP | -43.3% |
| 1992 | 0.0435 current LCU per US$ of GDP | +8.2% |
| 1993 | 0.0349 current LCU per US$ of GDP | -19.8% |
| 1994 | 0.0551 current LCU per US$ of GDP | +57.9% |
| 1995 | 0.0858 current LCU per US$ of GDP | +55.8% |
| 1996 | 0.1005 current LCU per US$ of GDP | +17.1% |
| 1997 | 0.0771 current LCU per US$ of GDP | -23.3% |
| 1998 | 0.0531 current LCU per US$ of GDP | -31.1% |
| 1999 | 0.0753 current LCU per US$ of GDP | +41.7% |
| 2000 | 0.1659 current LCU per US$ of GDP | +120.4% |
| 2001 | 0.1667 current LCU per US$ of GDP | +0.5% |
| 2002 | 0.3528 current LCU per US$ of GDP | +111.6% |
| 2003 | 0.6312 current LCU per US$ of GDP | +78.9% |
| 2004 | 0.5705 current LCU per US$ of GDP | -9.6% |
| 2005 | 0.8093 current LCU per US$ of GDP | +41.9% |
| 2006 | 0.8919 current LCU per US$ of GDP | +10.2% |
| 2007 | 0.8099 current LCU per US$ of GDP | -9.2% |
| 2008 | 0.8108 current LCU per US$ of GDP | +0.1% |
| 2009 | 0.5419 current LCU per US$ of GDP | -33.2% |
| 2010 | 0.6562 current LCU per US$ of GDP | +21.1% |
| 2011 | 0.2578 current LCU per US$ of GDP | -60.7% |
| 2012 | 0.5752 current LCU per US$ of GDP | +123.1% |
| 2013 | 0.3848 current LCU per US$ of GDP | -33.1% |
| 2014 | 0.1684 current LCU per US$ of GDP | -56.2% |
| 2015 | 0.0794 current LCU per US$ of GDP | -52.9% |
| 2016 | 0.0255 current LCU per US$ of GDP | -67.8% |
| 2017 | 0.2982 current LCU per US$ of GDP | +1068.2% |
| 2018 | 0.4216 current LCU per US$ of GDP | +41.4% |
| 2019 | 0.2668 current LCU per US$ of GDP | -36.7% |
| 2020 | -0.0055 current LCU per US$ of GDP | -102.1% |
| 2021 | 1.3 current LCU per US$ of GDP | -23606.4% |
| 2022 | 1.58 current LCU per US$ of GDP | +21.3% |
| 2023 | 1.24 current LCU per US$ of GDP | -21.2% |
Libya compared with similar countries
- Libya's 1.24 current LCU per US$ of GDP is below the median for upper middle income countries, which is 3.51 current LCU per US$ of GDP, 35% of the median. (49 countries reporting)
- Libya's 1.24 current LCU per US$ of GDP is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.08 current LCU per US$ of GDP, 1.1× the median. (21 countries reporting)
Biggest year-on-year movements
Years where Gross savings (current LCU), per unit of GDP 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 |
|---|---|---|---|
| 2021 | +23606.4% | -0.0055 current LCU per US$ of GDP | 1.3 current LCU per US$ of GDP |
| 2017 | +1068.2% | 0.0255 current LCU per US$ of GDP | 0.2982 current LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0637 current LCU per US$ of GDP | 0.0349 current LCU per US$ of GDP | 0.1005 current LCU per US$ of GDP | 10 |
| 2000s | 0.5751 current LCU per US$ of GDP | 0.1659 current LCU per US$ of GDP | 0.8919 current LCU per US$ of GDP | 10 |
| 2010s | 0.3134 current LCU per US$ of GDP | 0.0255 current LCU per US$ of GDP | 0.6562 current LCU per US$ of GDP | 10 |
| 2020s | 1.03 current LCU per US$ of GDP | -0.0055 current LCU per US$ of GDP | 1.58 current LCU per US$ of GDP | 4 |
Countries ranked near Libya
- 100 Eritrea 1.52 current LCU per US$ of GDP compare
- 101 Guatemala 1.5 current LCU per US$ of GDP compare
- 102 Suriname 1.38 current LCU per US$ of GDP compare
- 104 Mozambique 1.09 current LCU per US$ of GDP compare
- 105 Saudi Arabia 1.08 current LCU per US$ of GDP compare
- 106 Malaysia 1.07 current LCU per US$ of GDP 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)
- 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$), annual growth rate 12.66 % change on previous year (2025)
Frequently asked questions
- What is gross savings (current lcu), per unit of gdp in Libya?
- Gross savings (current lcu), per unit of gdp in Libya was 1.24 current LCU per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross savings (current lcu), per unit of gdp recorded in Libya?
- The highest recorded value was 1.58 current LCU per US$ of GDP in 2022.
- What is the lowest gross savings (current lcu), per unit of gdp recorded in Libya?
- The lowest recorded value was -0.0055 current LCU per US$ of GDP in 2020.
- How does Libya rank for gross savings (current lcu), per unit of gdp?
- Libya ranks 103rd out of 178 countries with data for 2023.
- Is gross savings (current lcu), per unit of gdp rising or falling in Libya?
- Over the last ten years it is up 223.5%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from Statizoid (derived), published as part of Gross savings (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current LCU) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.