Gross savings (current LCU), annual growth rate in Rwanda
Rwanda: Gross savings (current LCU), annual growth rate was 14.47 % change on previous year in 2024. ◆ Volatile
Gross savings (current LCU), annual growth rate in Rwanda, 2011–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Rwanda recorded 14.47 % change on previous year for gross savings (current lcu), annual growth rate in 2024.
That represents a change of up 68.4% on the previous year and up 170.9% over ten years.
Over the whole period, gross savings (current lcu), annual growth rate in Rwanda peaked at 64.06 % change on previous year in 2022 and was at its lowest, -20.42 % change on previous year, in 2014.
That places Rwanda 54th out of 177 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings (current LCU), annual growth rate in Rwanda, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2011 | 49.26 % change on previous year | — |
| 2012 | -9.47 % change on previous year | -119.2% |
| 2013 | 29.45 % change on previous year | -411.0% |
| 2014 | -20.42 % change on previous year | -169.3% |
| 2015 | -8.5 % change on previous year | -58.4% |
| 2016 | 18.91 % change on previous year | -322.5% |
| 2017 | 53.32 % change on previous year | +182.0% |
| 2018 | 24.21 % change on previous year | -54.6% |
| 2019 | 32.28 % change on previous year | +33.4% |
| 2020 | -17.39 % change on previous year | -153.9% |
| 2021 | 48.04 % change on previous year | -376.3% |
| 2022 | 64.06 % change on previous year | +33.4% |
| 2023 | 8.59 % change on previous year | -86.6% |
| 2024 | 14.47 % change on previous year | +68.4% |
Rwanda compared with similar countries
- Rwanda's 14.47 % change on previous year is below the median for low income countries, which is 28.3 % change on previous year, 51% of the median. (20 countries reporting)
- Rwanda's 14.47 % change on previous year is above the median for Sub-Saharan Africa, which is 12.85 % change on previous year, 1.1× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 18.78 % change on previous year | -20.42 % change on previous year | 53.32 % change on previous year | 9 |
| 2020s | 23.56 % change on previous year | -17.39 % change on previous year | 64.06 % change on previous year | 5 |
Countries ranked near Rwanda
More economy & growth data for Rwanda
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.1 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 7.3 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 13.15 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0009 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.9225 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 572.93 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 25.19 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0379 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 40.19 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -18.44 % change on previous year (2025)
Frequently asked questions
- What is gross savings (current lcu), annual growth rate in Rwanda?
- Gross savings (current lcu), annual growth rate in Rwanda was 14.47 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross savings (current lcu), annual growth rate recorded in Rwanda?
- The highest recorded value was 64.06 % change on previous year in 2022.
- What is the lowest gross savings (current lcu), annual growth rate recorded in Rwanda?
- The lowest recorded value was -20.42 % change on previous year in 2014.
- How does Rwanda rank for gross savings (current lcu), annual growth rate?
- Rwanda ranks 54th out of 177 countries with data for 2024.
- Is gross savings (current lcu), annual growth rate rising or falling in Rwanda?
- Over the last ten years it is up 170.9%. The long-run trend across the full record is volatile.
- Where does this Rwanda data come from?
- The figures come from Statizoid (derived), published as part of Gross savings (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.