Bank assets as a share of GDP reached 314 % in 2015 in Libya, according to the National Central Bank. This is 14.5 % more than in the previous year.
Historically, bank assets as a share of GDP in Libya reached an all time high of 314 % in 2015 and an all time low of 27.8 % in 2005. When compared to Libya's main peers, bank assets as a share of GDP in Algeria amounted to 67.4 %, 16.3 % in Chad, 103 % in Egypt and 89.9 % in Tunisia in 2015.
Libya has been ranked 12th within the group of 149 countries we follow in terms of bank assets as a share of GDP, 97 places above the position seen 10 years ago.
Banking assets are everything that a bank owns, including loans, securities, and physical assets such as buildings.