Gross savings in Rwanda
Rwanda: Gross savings was 3.44 billion current US$ in 2024. ◆ Volatile
Gross savings in Rwanda, 2010–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross savings in Rwanda is 3.44 billion current US$, measured in 2024.
That represents a change of up 0.8% on the previous year and up 254.0% over ten years.
Over the whole period, gross savings in Rwanda peaked at 3.54 billion current US$ in 2022 and was at its lowest, 817.59 million current US$, in 2010.
That places Rwanda 122nd out of 178 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings in Rwanda, year by year
| Year | current US$ | Change |
|---|---|---|
| 2010 | 817.59 million current US$ | — |
| 2011 | 1.19 billion current US$ | +45.0% |
| 2012 | 1.05 billion current US$ | -11.5% |
| 2013 | 1.29 billion current US$ | +23.0% |
| 2014 | 972.42 million current US$ | -24.6% |
| 2015 | 843.55 million current US$ | -13.3% |
| 2016 | 917.18 million current US$ | +8.7% |
| 2017 | 1.33 billion current US$ | +45.1% |
| 2018 | 1.60 billion current US$ | +19.9% |
| 2019 | 2.02 billion current US$ | +26.7% |
| 2020 | 1.59 billion current US$ | -21.2% |
| 2021 | 2.25 billion current US$ | +41.2% |
| 2022 | 3.54 billion current US$ | +57.4% |
| 2023 | 3.42 billion current US$ | -3.6% |
| 2024 | 3.44 billion current US$ | +0.8% |
Rwanda compared with similar countries
- Rwanda's 3.44 billion current US$ is above the median for low income countries, which is 2.01 billion current US$, 1.7× the median. (20 countries reporting)
- Rwanda's 3.44 billion current US$ is above the median for Sub-Saharan Africa, which is 3.44 billion current US$, 1.0× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.20 billion current US$ | 817.59 million current US$ | 2.02 billion current US$ | 10 |
| 2020s | 2.85 billion current US$ | 1.59 billion current US$ | 3.54 billion current US$ | 5 |
Countries ranked near Rwanda
- 119 Bermuda 3.74 billion current US$ compare
- 120 Burkina Faso 3.68 billion current US$ compare
- 121 Niger 3.45 billion current US$ compare
- 123 Haiti 3.26 billion current US$ compare
- 124 Mauritius 3.15 billion current US$ compare
- 125 Kosovo 3.14 billion current US$ compare
- 125 Kosovo (UNSCR 1244) 3.14 billion current US$ compare
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$), annual growth rate -18.44 % change on previous year (2025)
Frequently asked questions
- What is gross savings in Rwanda?
- Gross savings in Rwanda was 3.44 billion current US$ 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 3.54 billion current US$ in 2022.
- What is the lowest gross savings recorded in Rwanda?
- The lowest recorded value was 817.59 million current US$ in 2010.
- How does Rwanda rank for gross savings?
- Rwanda ranks 122nd out of 178 countries with data for 2024.
- Is gross savings rising or falling in Rwanda?
- Over the last ten years it is up 254.0%. 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 US$). 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 indicator is expressed in United States dollars.