Gross savings (current US$), annual growth rate in Libya
Libya: Gross savings (current US$), annual growth rate was -19.73 % change on previous year in 2023. ◆ Volatile
Gross savings (current US$), annual growth rate in Libya, 1991–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Libya recorded -19.73 % change on previous year for gross savings (current us$), annual growth rate in 2023.
The figure is down 149.7% on the previous year and up 57.1% over ten years.
Over the whole period, gross savings (current us$), annual growth rate in Libya peaked at 315.88 % change on previous year in 2012 and was at its lowest, -101.41 % change on previous year, in 2020.
Libya ranks 164th of 177 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings (current US$), annual growth rate in Libya, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | -36.65 % change on previous year | — |
| 1992 | 14.26 % change on previous year | -138.9% |
| 1993 | -32.89 % change on previous year | -330.6% |
| 1994 | 28.71 % change on previous year | -187.3% |
| 1995 | 15.87 % change on previous year | -44.7% |
| 1996 | 22.43 % change on previous year | +41.3% |
| 1997 | -19.97 % change on previous year | -189.0% |
| 1998 | -39.71 % change on previous year | +98.9% |
| 1999 | 88.57 % change on previous year | -323.0% |
| 2000 | 112.27 % change on previous year | +26.8% |
| 2001 | -24.17 % change on previous year | -121.5% |
| 2002 | -39.47 % change on previous year | +63.3% |
| 2003 | 127.62 % change on previous year | -423.4% |
| 2004 | 12.23 % change on previous year | -90.4% |
| 2005 | 101.43 % change on previous year | +729.5% |
| 2006 | 39.37 % change on previous year | -61.2% |
| 2007 | 6.95 % change on previous year | -82.4% |
| 2008 | 31.67 % change on previous year | +356.0% |
| 2009 | -54.25 % change on previous year | -271.3% |
| 2010 | 48.54 % change on previous year | -189.5% |
| 2011 | -74.02 % change on previous year | -252.5% |
| 2012 | 315.88 % change on previous year | -526.8% |
| 2013 | -45.95 % change on previous year | -114.5% |
| 2014 | -66.7 % change on previous year | +45.1% |
| 2015 | -63.14 % change on previous year | -5.3% |
| 2016 | -67.26 % change on previous year | +6.5% |
| 2018 | 64.86 % change on previous year | -196.4% |
| 2019 | -44.22 % change on previous year | -168.2% |
| 2020 | -101.41 % change on previous year | +129.4% |
| 2022 | 39.74 % change on previous year | -139.2% |
| 2023 | -19.73 % change on previous year | -149.7% |
Libya compared with similar countries
- Libya's -19.73 % change on previous year is below the median for upper middle income countries, which is 4.82 % change on previous year. (48 countries reporting)
- Libya's -19.73 % change on previous year is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 7.18 % change on previous year. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.51 % change on previous year | -39.71 % change on previous year | 88.57 % change on previous year | 9 |
| 2000s | 31.36 % change on previous year | -54.25 % change on previous year | 127.62 % change on previous year | 10 |
| 2010s | 7.56 % change on previous year | -74.02 % change on previous year | 315.88 % change on previous year | 9 |
| 2020s | -27.13 % change on previous year | -101.41 % change on previous year | 39.74 % change on previous year | 3 |
Countries ranked near Libya
- 161 Zambia -14.39 % change on previous year compare
- 162 Egypt -17.59 % change on previous year compare
- 163 Iraq -18.92 % change on previous year compare
- 165 Central African Republic -19.79 % change on previous year
- 166 Moldova -20.26 % change on previous year compare
- 167 Eswatini -23.51 % change on previous year 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$), annual growth rate 12.66 % change on previous year (2025)
Frequently asked questions
- What is gross savings (current us$), annual growth rate in Libya?
- Gross savings (current us$), annual growth rate in Libya was -19.73 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross savings (current us$), annual growth rate recorded in Libya?
- The highest recorded value was 315.88 % change on previous year in 2012.
- What is the lowest gross savings (current us$), annual growth rate recorded in Libya?
- The lowest recorded value was -101.41 % change on previous year in 2020.
- How does Libya rank for gross savings (current us$), annual growth rate?
- Libya ranks 164th out of 177 countries with data for 2023.
- Is gross savings (current us$), annual growth rate rising or falling in Libya?
- Over the last ten years it is up 57.1%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from Statizoid (derived), published as part of Gross savings (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross savings (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross savings (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.