Gross savings in Uganda
Uganda: Gross savings was 13.31 billion current US$ in 2024. ◆ Volatile
Gross savings in Uganda, 1982–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross savings in Uganda is 13.31 billion current US$, measured in 2024. That is the highest value across all 43 years on record.
The figure is up 32.9% on the previous year and up 62.4% over ten years.
Over the whole period, gross savings in Uganda peaked at 13.31 billion current US$ in 2024 and was at its lowest, 80.00 million current US$, in 1982.
Uganda ranks 86th of 178 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings in Uganda, year by year
| Year | current US$ | Change |
|---|---|---|
| 1982 | 80.00 million current US$ | — |
| 1983 | 112.13 million current US$ | +40.2% |
| 1984 | 266.28 million current US$ | +137.5% |
| 1985 | 199.30 million current US$ | -25.2% |
| 1986 | 200.93 million current US$ | +0.8% |
| 1987 | 193.11 million current US$ | -3.9% |
| 1988 | 278.78 million current US$ | +44.4% |
| 1989 | 295.07 million current US$ | +5.8% |
| 1990 | 195.47 million current US$ | -33.8% |
| 1991 | 245.35 million current US$ | +25.5% |
| 1992 | 373.93 million current US$ | +52.4% |
| 1993 | 515.65 million current US$ | +37.9% |
| 1994 | 752.76 million current US$ | +46.0% |
| 1995 | 865.30 million current US$ | +14.9% |
| 1996 | 1.32 billion current US$ | +52.5% |
| 1997 | 1.52 billion current US$ | +15.1% |
| 1998 | 1.24 billion current US$ | -18.2% |
| 1999 | 1.05 billion current US$ | -15.1% |
| 2000 | 889.13 million current US$ | -15.7% |
| 2001 | 850.59 million current US$ | -4.3% |
| 2002 | 1.03 billion current US$ | +20.7% |
| 2003 | 1.18 billion current US$ | +14.6% |
| 2004 | 1.66 billion current US$ | +41.4% |
| 2005 | 1.93 billion current US$ | +15.8% |
| 2006 | 1.75 billion current US$ | -9.2% |
| 2007 | 2.00 billion current US$ | +14.4% |
| 2008 | 3.23 billion current US$ | +61.5% |
| 2009 | 4.45 billion current US$ | +37.6% |
| 2010 | 4.99 billion current US$ | +12.1% |
| 2011 | 4.62 billion current US$ | -7.3% |
| 2012 | 5.06 billion current US$ | +9.5% |
| 2013 | 6.50 billion current US$ | +28.3% |
| 2014 | 8.20 billion current US$ | +26.2% |
| 2015 | 5.37 billion current US$ | -34.5% |
| 2016 | 7.07 billion current US$ | +31.6% |
| 2017 | 7.25 billion current US$ | +2.7% |
| 2018 | 7.02 billion current US$ | -3.2% |
| 2019 | 8.00 billion current US$ | +13.9% |
| 2020 | 8.20 billion current US$ | +2.5% |
| 2021 | 8.18 billion current US$ | -0.3% |
| 2022 | 9.75 billion current US$ | +19.2% |
| 2023 | 10.02 billion current US$ | +2.7% |
| 2024 | 13.31 billion current US$ | +32.9% |
Uganda compared with similar countries
- Uganda's 13.31 billion current US$ is above the median for low income countries, which is 2.01 billion current US$, 6.6× the median. (20 countries reporting)
- Uganda's 13.31 billion current US$ is above the median for Sub-Saharan Africa, which is 3.44 billion current US$, 3.9× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 203.20 million current US$ | 80.00 million current US$ | 295.07 million current US$ | 8 |
| 1990s | 808.40 million current US$ | 195.47 million current US$ | 1.52 billion current US$ | 10 |
| 2000s | 1.90 billion current US$ | 850.59 million current US$ | 4.45 billion current US$ | 10 |
| 2010s | 6.41 billion current US$ | 4.62 billion current US$ | 8.20 billion current US$ | 10 |
| 2020s | 9.89 billion current US$ | 8.18 billion current US$ | 13.31 billion current US$ | 5 |
Countries ranked near Uganda
- 83 Cote d'Ivoire 14.94 billion current US$ compare
- 84 Luxembourg 14.27 billion current US$ compare
- 85 Costa Rica 13.98 billion current US$ compare
- 87 Uruguay 13.25 billion current US$ compare
- 88 Estonia 11.64 billion current US$ compare
- 89 Libya 11.39 billion current US$ compare
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$), annual growth rate -11.58 % change on previous year (2024)
Frequently asked questions
- What is gross savings in Uganda?
- Gross savings in Uganda was 13.31 billion current US$ 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 13.31 billion current US$ in 2024.
- What is the lowest gross savings recorded in Uganda?
- The lowest recorded value was 80.00 million current US$ in 1982.
- How does Uganda rank for gross savings?
- Uganda ranks 86th out of 178 countries with data for 2024.
- Is gross savings rising or falling in Uganda?
- Over the last ten years it is up 62.4%. 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 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.