Libya: Savings, percent of GDP

* indicates monthly or quarterly data series

Savings as percent of GDP

 Latest value 47.53
 Year 2021
 Measure percent
 Data availability 2002 - 2021
 Average 34.75
 Min - Max -21.60 - 67.90
 Source The World Bank
For that indicator, we provide data for Libya from 2002 to 2021. The average value for Libya during that period was 34.75 percent with a minimum of -21.6 percent in 2020 and a maximum of 67.9 percent in 2006. The latest value from 2021 is 47.53 percent. For comparison, the world average in 2021 based on 141 countries is 23.62 percent. 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 values chart
Libya - Savings, percent of GDP - Recent values chart

Historical chart
Libya - Savings, percent of GDP - historical chart - 2002-2021

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 value Reference Measure
 Share of industry 80.31 2022 percent
 Share of manufacturing 2.91 2019 percent
 Share of services 25.47 2022 percent
 Industry value added 42.94 2023 billion U.S. dollars
 Manufacturing value added 2.15 2018 billion U.S. dollars
 Services value added 23.52 2023 billion U.S. dollars
 Savings, percent of GDP 47.53 2021 percent
 Savings, in dollars 18.93 2021 billion U.S. dollars
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