Gross savings in Uganda
Uganda: Gross savings was 50.31 trillion current LCU in 2024. ◆ Volatile
Gross savings in Uganda, 1982–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Uganda recorded 50.31 trillion current LCU for gross savings in 2024. That is the highest value across all 43 years on record.
Compared with earlier readings it is up 33.9% on the previous year and up 141.8% over ten years.
Over the whole period, gross savings in Uganda peaked at 50.31 trillion current LCU in 2024 and was at its lowest, 160.00 million current LCU, in 1982.
Uganda ranks 18th of 178 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings in Uganda, year by year
| Year | current LCU | Change |
|---|---|---|
| 1982 | 160.00 million current LCU | — |
| 1983 | 336.40 million current LCU | +110.2% |
| 1984 | 617.95 million current LCU | +83.7% |
| 1985 | 1.01 billion current LCU | +63.8% |
| 1986 | 2.18 billion current LCU | +115.5% |
| 1987 | 3.83 billion current LCU | +75.7% |
| 1988 | 16.73 billion current LCU | +336.6% |
| 1989 | 50.05 billion current LCU | +199.2% |
| 1990 | 62.47 billion current LCU | +24.8% |
| 1991 | 135.17 billion current LCU | +116.4% |
| 1992 | 359.28 billion current LCU | +165.8% |
| 1993 | 619.71 billion current LCU | +72.5% |
| 1994 | 830.08 billion current LCU | +33.9% |
| 1995 | 806.92 billion current LCU | -2.8% |
| 1996 | 1.34 trillion current LCU | +65.7% |
| 1997 | 1.61 trillion current LCU | +20.2% |
| 1998 | 1.43 trillion current LCU | -11.2% |
| 1999 | 1.44 trillion current LCU | +0.6% |
| 2000 | 1.34 trillion current LCU | -6.4% |
| 2001 | 1.50 trillion current LCU | +11.5% |
| 2002 | 1.80 trillion current LCU | +20.1% |
| 2003 | 2.22 trillion current LCU | +23.0% |
| 2004 | 3.22 trillion current LCU | +45.2% |
| 2005 | 3.35 trillion current LCU | +4.0% |
| 2006 | 3.19 trillion current LCU | -4.6% |
| 2007 | 3.56 trillion current LCU | +11.6% |
| 2008 | 5.48 trillion current LCU | +54.0% |
| 2009 | 8.58 trillion current LCU | +56.6% |
| 2010 | 10.12 trillion current LCU | +17.8% |
| 2011 | 10.74 trillion current LCU | +6.2% |
| 2012 | 12.95 trillion current LCU | +20.5% |
| 2013 | 16.84 trillion current LCU | +30.0% |
| 2014 | 20.81 trillion current LCU | +23.6% |
| 2015 | 15.18 trillion current LCU | -27.0% |
| 2016 | 24.33 trillion current LCU | +60.2% |
| 2017 | 25.61 trillion current LCU | +5.3% |
| 2018 | 25.70 trillion current LCU | +0.4% |
| 2019 | 29.88 trillion current LCU | +16.3% |
| 2020 | 30.46 trillion current LCU | +2.0% |
| 2021 | 29.93 trillion current LCU | -1.8% |
| 2022 | 34.83 trillion current LCU | +16.4% |
| 2023 | 37.58 trillion current LCU | +7.9% |
| 2024 | 50.31 trillion current LCU | +33.9% |
Uganda compared with similar countries
- Uganda's 50.31 trillion current LCU is above the median for low income countries, which is 942.05 billion current LCU, 53.4× the median. (20 countries reporting)
- Uganda's 50.31 trillion current LCU is above the median for Sub-Saharan Africa, which is 841.37 billion current LCU, 59.8× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Gross savings in Uganda changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1988 | +336.6% | 3.83 billion current LCU | 16.73 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 9.36 billion current LCU | 160.00 million current LCU | 50.05 billion current LCU | 8 |
| 1990s | 862.21 billion current LCU | 62.47 billion current LCU | 1.61 trillion current LCU | 10 |
| 2000s | 3.42 trillion current LCU | 1.34 trillion current LCU | 8.58 trillion current LCU | 10 |
| 2010s | 19.21 trillion current LCU | 10.12 trillion current LCU | 29.88 trillion current LCU | 10 |
| 2020s | 36.62 trillion current LCU | 29.93 trillion current LCU | 50.31 trillion current LCU | 5 |
Countries ranked near Uganda
More economy & growth data for Uganda
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.29 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.99 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 399,794 BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.008 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.26 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 8.81 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0604 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 65.12 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -11.58 % change on previous year (2024)
Frequently asked questions
- What is gross savings in Uganda?
- Gross savings in Uganda was 50.31 trillion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Uganda?
- The highest recorded value was 50.31 trillion current LCU in 2024.
- What is the lowest gross savings recorded in Uganda?
- The lowest recorded value was 160.00 million current LCU in 1982.
- How does Uganda rank for gross savings?
- Uganda ranks 18th out of 178 countries with data for 2024.
- Is gross savings rising or falling in Uganda?
- Over the last ten years it is up 141.8%. The long-run trend across the full record is volatile.
- Where does this Uganda 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.
Download this data
CSV · JSON — 43 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.