Libya - Gross savings

Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in Libya was 66.80 as of 2008. Its highest value over the past 6 years was 66.90 in 2006, while its lowest value was 27.40 in 2002.

Definition: Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.

Source: World Bank national accounts data files.

See also:

Year Value
2002 27.40
2003 48.30
2004 43.60
2005 62.70
2006 66.90
2007 62.30
2008 66.80

Gross savings (current US$)

The latest value for Gross savings (current US$) in Libya was $58,669,060,000 as of 2008. Over the past 6 years, the value for this indicator has fluctuated between $58,669,060,000 in 2008 and $5,690,063,000 in 2002.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2002 $5,690,063,000
2003 $12,952,170,000
2004 $14,339,700,000
2005 $29,482,010,000
2006 $37,364,630,000
2007 $42,597,870,000
2008 $58,669,060,000

Gross savings (current LCU)

The value for Gross savings (current LCU) in Libya was 71,787,450,000 as of 2008. As the graph below shows, over the past 6 years this indicator reached a maximum value of 71,787,450,000 in 2008 and a minimum value of 7,226,380,000 in 2002.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2002 7,226,380,000
2003 16,578,780,000
2004 18,641,600,000
2005 38,574,260,000
2006 49,082,170,000
2007 53,784,070,000
2008 71,787,450,000

Gross savings (% of GNI)

Gross savings (% of GNI) in Libya was 66.79 as of 2008. Its highest value over the past 6 years was 66.87 in 2006, while its lowest value was 27.43 in 2002.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2002 27.43
2003 48.32
2004 43.62
2005 62.67
2006 66.87
2007 62.32
2008 66.79

Gross savings (% of GDP)

Gross savings (% of GDP) in Libya was 67.33 as of 2008. Its highest value over the past 6 years was 67.98 in 2006, while its lowest value was 27.78 in 2002.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2002 27.78
2003 49.31
2004 43.29
2005 62.28
2006 67.98
2007 63.09
2008 67.33

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts