Financial system deposits to GDP (%) in Libya
Libya: Financial system deposits to GDP (%) was 32.9% in 2021. ◆ Volatile
Financial system deposits to GDP in Libya, 1963–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, financial system deposits to gdp in Libya stood at 32.9%.
Compared with earlier readings it is down 88.9% on the previous year and down 67.2% over ten years.
Over the whole period, financial system deposits to gdp in Libya peaked at 295.3% in 2020 and was at its lowest, 2.8%, in 1969.
Libya ranks 134th of 185 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Financial system deposits to GDP (%) in Libya, year by year
| Year | % | Change |
|---|---|---|
| 1963 | 5.1% | — |
| 1964 | 3.5% | -31.4% |
| 1965 | 3.9% | +12.6% |
| 1966 | 3.6% | -8.4% |
| 1967 | 3.5% | -3.7% |
| 1968 | 3.2% | -6.3% |
| 1969 | 2.8% | -12.1% |
| 1970 | 4.3% | +52.4% |
| 1971 | 7.7% | +78.2% |
| 1972 | 8.7% | +13.2% |
| 1973 | 9.8% | +12.6% |
| 1974 | 12.8% | +30.1% |
| 1975 | 11.6% | -9.4% |
| 1976 | 12.7% | +9.4% |
| 1977 | 13.3% | +4.6% |
| 1978 | 12.9% | -2.8% |
| 1979 | 13.1% | +1.7% |
| 1980 | 16.3% | +24.4% |
| 1981 | 23.3% | +42.9% |
| 1982 | 19.9% | -14.8% |
| 1983 | 22.7% | +14.1% |
| 1984 | 25.3% | +11.7% |
| 1985 | 33.3% | +31.7% |
| 1986 | 37.4% | +12.3% |
| 1987 | 44.4% | +18.6% |
| 1988 | 40.3% | -9.2% |
| 1989 | 34.8% | -13.8% |
| 1990 | 33.7% | -3.0% |
| 1991 | 33.9% | +0.6% |
| 1992 | 37.3% | +10.1% |
| 1993 | 40.0% | +7.1% |
| 1994 | 44.9% | +12.4% |
| 1995 | 46.3% | +3.0% |
| 1996 | 41.2% | -11.0% |
| 1997 | 37.4% | -9.2% |
| 1998 | 40.6% | +8.6% |
| 1999 | 38.9% | -4.1% |
| 2000 | 33.9% | -13.0% |
| 2001 | 32.6% | -3.7% |
| 2002 | 28.5% | -12.6% |
| 2003 | 24.0% | -15.9% |
| 2004 | 22.0% | -8.4% |
| 2005 | 18.9% | -14.0% |
| 2006 | 19.0% | +0.6% |
| 2007 | 23.8% | +25.0% |
| 2008 | 35.8% | +50.9% |
| 2009 | 55.8% | +55.7% |
| 2010 | 41.9% | -25.0% |
| 2011 | 100.3% | +139.6% |
| 2012 | 46.7% | -53.5% |
| 2013 | 78.6% | +68.3% |
| 2014 | 154.4% | +96.4% |
| 2015 | 210.6% | +36.4% |
| 2016 | 242.1% | +14.9% |
| 2017 | 174.9% | -27.8% |
| 2018 | 120.4% | -31.2% |
| 2019 | 118.8% | -1.3% |
| 2020 | 295.3% | +148.6% |
| 2021 | 32.9% | -88.9% |
Libya compared with similar countries
- Libya's 32.9% is below the median for upper middle income countries, which is 56.7%, 58% of the median. (55 countries reporting)
- Libya's 32.9% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 80.8%, 41% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where Financial system deposits to GDP (%) in Libya changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | +148.6% | 118.8% | 295.3% |
| 2011 | +139.6% | 41.9% | 100.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.7% | 2.8% | 5.1% | 7 |
| 1970s | 10.7% | 4.3% | 13.3% | 10 |
| 1980s | 29.8% | 16.3% | 44.4% | 10 |
| 1990s | 39.4% | 33.7% | 46.3% | 10 |
| 2000s | 29.4% | 18.9% | 55.8% | 10 |
| 2010s | 128.9% | 41.9% | 242.1% | 10 |
| 2020s | 164.1% | 32.9% | 295.3% | 2 |
Countries ranked near Libya
More financial sector data for Libya
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0116 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 74.95 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0085 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 54.73 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0116 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 74.95 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is financial system deposits to gdp in Libya?
- Financial system deposits to gdp in Libya was 32.9% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest financial system deposits to gdp recorded in Libya?
- The highest recorded value was 295.3% in 2020.
- What is the lowest financial system deposits to gdp recorded in Libya?
- The lowest recorded value was 2.8% in 1969.
- How does Libya rank for financial system deposits to gdp?
- Libya ranks 134th out of 185 countries with data for 2021.
- Is financial system deposits to gdp rising or falling in Libya?
- Over the last ten years it is down 67.2%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Financial system deposits to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Demand, time and saving deposits in deposit money banks and other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Financial system deposits (IFS lines 24, 25, 44, and 45); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).