Gross savings in Rwanda
Rwanda: Gross savings was 4.54 trillion current LCU in 2024. ◆ Volatile
Gross savings in Rwanda, 2010–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Rwanda recorded 4.54 trillion current LCU for gross savings in 2024. That is the highest value across all 15 years on record.
The figure is up 14.5% on the previous year and up 583.7% over ten years.
Over the whole period, gross savings in Rwanda peaked at 4.54 trillion current LCU in 2024 and was at its lowest, 476.76 billion current LCU, in 2010.
That places Rwanda 39th out of 178 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings in Rwanda, year by year
| Year | current LCU | Change |
|---|---|---|
| 2010 | 476.76 billion current LCU | — |
| 2011 | 711.60 billion current LCU | +49.3% |
| 2012 | 644.20 billion current LCU | -9.5% |
| 2013 | 833.92 billion current LCU | +29.5% |
| 2014 | 663.62 billion current LCU | -20.4% |
| 2015 | 607.24 billion current LCU | -8.5% |
| 2016 | 722.05 billion current LCU | +18.9% |
| 2017 | 1.11 trillion current LCU | +53.3% |
| 2018 | 1.38 trillion current LCU | +24.2% |
| 2019 | 1.82 trillion current LCU | +32.3% |
| 2020 | 1.50 trillion current LCU | -17.4% |
| 2021 | 2.22 trillion current LCU | +48.0% |
| 2022 | 3.65 trillion current LCU | +64.1% |
| 2023 | 3.96 trillion current LCU | +8.6% |
| 2024 | 4.54 trillion current LCU | +14.5% |
Rwanda compared with similar countries
- Rwanda's 4.54 trillion current LCU is above the median for low income countries, which is 942.05 billion current LCU, 4.8× the median. (20 countries reporting)
- Rwanda's 4.54 trillion current LCU is above the median for Sub-Saharan Africa, which is 841.37 billion current LCU, 5.4× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 896.03 billion current LCU | 476.76 billion current LCU | 1.82 trillion current LCU | 10 |
| 2020s | 3.18 trillion current LCU | 1.50 trillion current LCU | 4.54 trillion current LCU | 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 in Rwanda?
- Gross savings in Rwanda was 4.54 trillion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Rwanda?
- The highest recorded value was 4.54 trillion current LCU in 2024.
- What is the lowest gross savings recorded in Rwanda?
- The lowest recorded value was 476.76 billion current LCU in 2010.
- How does Rwanda rank for gross savings?
- Rwanda ranks 39th out of 178 countries with data for 2024.
- Is gross savings rising or falling in Rwanda?
- Over the last ten years it is up 583.7%. The long-run trend across the full record is volatile.
- Where does this Rwanda data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current LCU). Statizoid updates them automatically from the source API.
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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.