Gross savings (current US$), per unit of GDP in Libya
Libya: Gross savings (current US$), per unit of GDP was 0.2586 current US$ per US$ of GDP in 2023. ◆ Volatile
Gross savings (current US$), per unit of GDP in Libya, 1990–2023
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Libya recorded 0.2586 current US$ per US$ of GDP for gross savings (current us$), per unit of gdp in 2023.
Compared with earlier readings it is down 21.2% on the previous year and down 14.5% over ten years.
Over the whole period, gross savings (current us$), per unit of gdp in Libya peaked at 0.679 current US$ per US$ of GDP in 2006 and was at its lowest, -0.004 current US$ per US$ of GDP, in 2020.
Libya ranks 61st 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 US$), per unit of GDP in Libya, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1990 | 0.2504 current US$ per US$ of GDP | — |
| 1991 | 0.1433 current US$ per US$ of GDP | -42.8% |
| 1992 | 0.1546 current US$ per US$ of GDP | +7.9% |
| 1993 | 0.1147 current US$ per US$ of GDP | -25.8% |
| 1994 | 0.1582 current US$ per US$ of GDP | +37.9% |
| 1995 | 0.2053 current US$ per US$ of GDP | +29.8% |
| 1996 | 0.2302 current US$ per US$ of GDP | +12.1% |
| 1997 | 0.1673 current US$ per US$ of GDP | -27.3% |
| 1998 | 0.1136 current US$ per US$ of GDP | -32.1% |
| 1999 | 0.1623 current US$ per US$ of GDP | +42.8% |
| 2000 | 0.3239 current US$ per US$ of GDP | +99.5% |
| 2001 | 0.2756 current US$ per US$ of GDP | -14.9% |
| 2002 | 0.2778 current US$ per US$ of GDP | +0.8% |
| 2003 | 0.4931 current US$ per US$ of GDP | +77.5% |
| 2004 | 0.4388 current US$ per US$ of GDP | -11.0% |
| 2005 | 0.6186 current US$ per US$ of GDP | +41.0% |
| 2006 | 0.679 current US$ per US$ of GDP | +9.8% |
| 2007 | 0.6414 current US$ per US$ of GDP | -5.5% |
| 2008 | 0.6627 current US$ per US$ of GDP | +3.3% |
| 2009 | 0.4323 current US$ per US$ of GDP | -34.8% |
| 2010 | 0.518 current US$ per US$ of GDP | +19.8% |
| 2011 | 0.2106 current US$ per US$ of GDP | -59.3% |
| 2012 | 0.4559 current US$ per US$ of GDP | +116.5% |
| 2013 | 0.3026 current US$ per US$ of GDP | -33.6% |
| 2014 | 0.1324 current US$ per US$ of GDP | -56.3% |
| 2015 | 0.0575 current US$ per US$ of GDP | -56.6% |
| 2016 | 0.0184 current US$ per US$ of GDP | -68.0% |
| 2017 | 0.214 current US$ per US$ of GDP | +1065.3% |
| 2018 | 0.3089 current US$ per US$ of GDP | +44.4% |
| 2019 | 0.1908 current US$ per US$ of GDP | -38.2% |
| 2020 | -0.004 current US$ per US$ of GDP | -102.1% |
| 2021 | 0.2883 current US$ per US$ of GDP | -7330.7% |
| 2022 | 0.3281 current US$ per US$ of GDP | +13.8% |
| 2023 | 0.2586 current US$ per US$ of GDP | -21.2% |
Libya compared with similar countries
- Libya's 0.2586 current US$ per US$ of GDP is above the median for upper middle income countries, which is 0.2338 current US$ per US$ of GDP, 1.1× the median. (49 countries reporting)
- Libya's 0.2586 current US$ per US$ of GDP is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.2586 current US$ per US$ of GDP, 1.0× the median. (21 countries reporting)
Biggest year-on-year movements
Years where Gross savings (current US$), per unit of GDP in Libya changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +7330.7% | -0.004 current US$ per US$ of GDP | 0.2883 current US$ per US$ of GDP |
| 2017 | +1065.3% | 0.0184 current US$ per US$ of GDP | 0.214 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.17 current US$ per US$ of GDP | 0.1136 current US$ per US$ of GDP | 0.2504 current US$ per US$ of GDP | 10 |
| 2000s | 0.4843 current US$ per US$ of GDP | 0.2756 current US$ per US$ of GDP | 0.679 current US$ per US$ of GDP | 10 |
| 2010s | 0.2409 current US$ per US$ of GDP | 0.0184 current US$ per US$ of GDP | 0.518 current US$ per US$ of GDP | 10 |
| 2020s | 0.2177 current US$ per US$ of GDP | -0.004 current US$ per US$ of GDP | 0.3281 current US$ per US$ of GDP | 4 |
Countries ranked near Libya
- 58 Germany 0.2637 current US$ per US$ of GDP compare
- 59 Gambia 0.2593 current US$ per US$ of GDP compare
- 60 Malta 0.2589 current US$ per US$ of GDP compare
- 62 Austria 0.2581 current US$ per US$ of GDP compare
- 63 Israel 0.2573 current US$ per US$ of GDP compare
- 64 Mongolia 0.2564 current US$ 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$), annual growth rate 12.66 % change on previous year (2025)
Frequently asked questions
- What is gross savings (current us$), per unit of gdp in Libya?
- Gross savings (current us$), per unit of gdp in Libya was 0.2586 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross savings (current us$), per unit of gdp recorded in Libya?
- The highest recorded value was 0.679 current US$ per US$ of GDP in 2006.
- What is the lowest gross savings (current us$), per unit of gdp recorded in Libya?
- The lowest recorded value was -0.004 current US$ per US$ of GDP in 2020.
- How does Libya rank for gross savings (current us$), per unit of gdp?
- Libya ranks 61st out of 178 countries with data for 2023.
- Is gross savings (current us$), per unit of gdp rising or falling in Libya?
- Over the last ten years it is down 14.5%. 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current US$) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.