Ecuador vs Libya: Gross savings
Gross savings over time
- Ecuador
- Libya
How they compare
Libya currently reports 54.81 billion current LCU against 35.30 billion current LCU in Ecuador, a difference of 19.51 billion current LCU.
That makes Libya's figure about 1.6 times Ecuador's.
The two have swapped places 7 times across 34 shared years of data; in 1990 it was Ecuador ahead.
Globally, Ecuador ranks 119th and Libya ranks 116th of 177 countries.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.