In 2021, Libya had the highest gross domestic savings as a share of GDP in North Africa, with a percentage of 54.5 percent. This was a drastic increase from the previous year, in which Libya's gross domestic savings stood at minus 13.1 percent of its GDP. This was the only negative value for the selected countries among the years under review. Furthermore, following Libya was Algeria in 2021, with a share of approximately 39.6 percent.
Gross domestic saving is a country's GDP minus final consumption expenditure. It is measured as a percentage of a country's GDP.
Gross domestic savings as a share of GDP in North Africa from 2010 to 2021, by country
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World Bank. (December 22, 2022). Gross domestic savings as a share of GDP in North Africa from 2010 to 2021, by country [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1348825/gross-domestic-savings-as-a-share-of-gdp-in-north-africa-by-country/
World Bank. "Gross domestic savings as a share of GDP in North Africa from 2010 to 2021, by country." Chart. December 22, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1348825/gross-domestic-savings-as-a-share-of-gdp-in-north-africa-by-country/
World Bank. (2022). Gross domestic savings as a share of GDP in North Africa from 2010 to 2021, by country. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1348825/gross-domestic-savings-as-a-share-of-gdp-in-north-africa-by-country/
World Bank. "Gross Domestic Savings as a Share of Gdp in North Africa from 2010 to 2021, by Country." Statista, Statista Inc., 22 Dec 2022, https://www.statista.com/statistics/1348825/gross-domestic-savings-as-a-share-of-gdp-in-north-africa-by-country/
World Bank, Gross domestic savings as a share of GDP in North Africa from 2010 to 2021, by country Statista, https://www.statista.com/statistics/1348825/gross-domestic-savings-as-a-share-of-gdp-in-north-africa-by-country/ (last visited December 22, 2024)
Gross domestic savings as a share of GDP in North Africa from 2010 to 2021, by country [Graph], World Bank, December 22, 2022. [Online]. Available: https://www.statista.com/statistics/1348825/gross-domestic-savings-as-a-share-of-gdp-in-north-africa-by-country/