Libya - 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 |
Statistical Concept and Methodology: Gross savings represent the difference between disposable income and consumption and replace gross domestic savings, a concept used by the World Bank and included in World Development Indicators editions before 2006. The change was made to conform to SNA concepts and definitions.
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
