🇱🇾 Libya Gross savings (% of GDP) — Historical Data
World Bank data • 1990–2023 • 34 data points • Economy & Growth
Latest Value
24.72
2023
Year-on-Year
-28.3%
vs 2022
10-Year Average
17.98
2014–2023
Range
▲ 67.90 (2006)
▼ -0.40 (2020)
Libya Gross savings (% of GDP) — 1990 to 2023
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About this Indicator
Savings is an amount that represent the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Historical Data Table
| Year | Value |
|---|---|
| 2023 | 24.72 |
| 2022 | 34.49 |
| 2021 | 28.83 |
| 2020 | -0.40 |
| 2019 | 19.08 |
| 2018 | 30.89 |
| 2017 | 21.40 |
| 2016 | 1.84 |
| 2015 | 5.75 |
| 2014 | 13.24 |
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<iframe src="https://nationstat.com/en/country/libya/gross-savings-of-gdp" width="800" height="500" frameborder="0"></iframe>Compare with Other Countries
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