Gross national savings — all countries

Gross national savings — Uganda

Gross national savings in Uganda in 2024 — 24.7%. Ranked 58 in the world out of 146. Since 1982, the indicator has risen by 21 pp.

2024 24.7% +4.2 pp vs 2023
World rank 58of 146
Period maximum 25.1%2014
Period minimum 3.1%1987

Trend over time

1982–2024 · % of GDP

Gross national savings — Uganda, 1982–202401020301982198719921997200220072012201720221982: 3.7%1983: 5%1984: 7.4%1985: 5.7%1986: 5.1%1987: 3.1%1988: 4.3%1989: 5.6%1990: 4.5%1991: 7.4%1992: 13.1%1993: 16%1994: 18.9%1995: 15%1996: 21.8%1997: 24.2%1998: 18.9%1999: 17.6%2000: 14.4%2001: 14.6%2002: 16.6%2003: 17.8%2004: 20.9%2005: 20.8%2006: 17.5%2007: 16.8%2008: 22.4%2009: 17.7%2010: 18.7%2011: 16.6%2012: 18.5%2013: 22.5%2014: 25.1%2015: 16.6%2016: 24.2%2017: 23.6%2018: 21.3%2019: 22.6%2020: 21.8%2021: 20.2%2022: 21.4%2023: 20.5%2024: 24.7%
Change over the period: +21 pp Annual average: 0.5 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Uganda

Uganda 24.7%
World 26.1%
Sub-Saharan Africa computed 17.6%
Eastern Africa computed 20.5%
Gross national savings — Uganda, by year Uganda All countries CSV XLSX
Year % Change, pp
2024 24.7 +4.2 pp
2023 20.5 −0.9 pp
2022 21.4 +1.2 pp
2021 20.2 −1.6 pp
2020 21.8 −0.8 pp
2019 22.6 +1.3 pp
2018 21.3 −2.3 pp
2017 23.6 −0.6 pp
2016 24.2 +7.6 pp
2015 16.6 −8.6 pp
2014 25.1 +2.7 pp
2013 22.5 +3.9 pp
2012 18.5 +2 pp
2011 16.6 −2.1 pp
2010 18.7 +1 pp
2009 17.7 −4.7 pp
2008 22.4 +5.6 pp
2007 16.8 −0.7 pp
2006 17.5 −3.3 pp
2005 20.8 −0.1 pp
2004 20.9 +3.1 pp
2003 17.8 +1.2 pp
2002 16.6 +2.1 pp
2001 14.6 +0.2 pp
2000 14.4 −3.2 pp
1999 17.6 −1.3 pp
1998 18.9 −5.4 pp
1997 24.2 +2.4 pp
1996 21.8 +6.8 pp
1995 15 −3.8 pp
1994 18.9 +2.9 pp
1993 16 +2.9 pp
1992 13.1 +5.7 pp
1991 7.4 +2.8 pp
1990 4.5 −1.1 pp
1989 5.6 +1.3 pp
1988 4.3 +1.2 pp
1987 3.1 −2 pp
1986 5.1 −0.5 pp
1985 5.7 −1.7 pp
1984 7.4 +2.4 pp
1983 5 +1.3 pp
1982 3.7

About the indicator

Gross national savings as a percent of GDP — what is left of national income after all consumption, private and public. Savings and capital formation differ by the balance of external transactions: a country that saves more than it invests at home exports capital, and one that invests more than it saves imports it. Hence the stable link with the current account balance, which is exactly what this indicator makes visible.

Important: The difference between savings and capital formation is approximately equal to the current account balance — that is an identity of the national accounts, not a coincidence.

Source: World Development Indicators (World Bank), license CC BY 4.0.