Libya: Savings, percent of GDP

* indicates monthly or quarterly data series
 Libya

Savings as percent of GDP

 Latest value 39.62
 Year 2021
 Measure percent
 Data availability 1990 - 2021
 Average 29.10
 Min - Max 1.84 - 67.90
 Source The World Bank
The latest value from 2021 is 39.62 percent, an increase from 4.08 percent in 2020. In comparison, the world average is 22.95 percent, based on data from 151 countries. Historically, the average for Libya from 1990 to 2021 is 29.1 percent. The minimum value, 1.84 percent, was reached in 2016 while the maximum of 67.9 percent was recorded in 2006. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Libya - Savings, percent of GDP - Recent values chart

Historical series
Libya - Savings, percent of GDP - historical chart - 1990-2021




The savings in Libya and other countries is calculated as the difference between income and consumption, expressed as percent of GDP.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.

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 Related indicators Latest Reference Measure
 Share of industry 77.34 2023 percent
 Share of manufacturing 2.81 2017 percent
 Share of services 25.42 2023 percent
 Industry value added 34.88 2023 billion U.S. dollars
 Manufacturing value added 1.88 2017 billion U.S. dollars
 Services value added 11.46 2023 billion U.S. dollars
 Savings, percent of GDP 39.62 2021 percent
 Savings, in dollars 10.05 2021 billion U.S. dollars
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