Gross savings in Uganda
Uganda: Gross savings was 25.4% in 2024. ▲ Rising
Gross savings in Uganda, 1982–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GNI.
Analysis
Uganda recorded 25.4% for gross savings in 2024.
Compared with earlier readings it is up 20.5% on the previous year and down 1.3% over ten years.
Over the whole period, gross savings in Uganda peaked at 25.7% in 2014 and was at its lowest, 3.1%, in 1987.
Uganda ranks 68th of 177 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 43 years of available data.
Gross savings in Uganda, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1982 | 3.7% | — |
| 1983 | 5.1% | +37.4% |
| 1984 | 7.5% | +46.0% |
| 1985 | 5.7% | -23.0% |
| 1986 | 5.2% | -9.9% |
| 1987 | 3.1% | -40.1% |
| 1988 | 4.3% | +39.2% |
| 1989 | 5.7% | +31.1% |
| 1990 | 4.6% | -18.4% |
| 1991 | 7.5% | +62.6% |
| 1992 | 13.5% | +79.5% |
| 1993 | 16.3% | +20.5% |
| 1994 | 19.2% | +17.8% |
| 1995 | 15.2% | -20.7% |
| 1996 | 22.0% | +44.9% |
| 1997 | 24.3% | +10.4% |
| 1998 | 18.9% | -22.3% |
| 1999 | 17.6% | -6.7% |
| 2000 | 14.6% | -17.1% |
| 2001 | 15.0% | +2.9% |
| 2002 | 17.0% | +13.0% |
| 2003 | 18.2% | +7.0% |
| 2004 | 21.5% | +18.4% |
| 2005 | 21.5% | -0.2% |
| 2006 | 18.0% | -16.3% |
| 2007 | 17.1% | -4.6% |
| 2008 | 22.8% | +33.0% |
| 2009 | 18.0% | -21.1% |
| 2010 | 19.0% | +5.7% |
| 2011 | 16.8% | -11.4% |
| 2012 | 18.9% | +12.4% |
| 2013 | 23.0% | +21.3% |
| 2014 | 25.7% | +12.0% |
| 2015 | 16.9% | -34.3% |
| 2016 | 24.6% | +45.7% |
| 2017 | 24.2% | -1.9% |
| 2018 | 21.9% | -9.2% |
| 2019 | 23.2% | +5.9% |
| 2020 | 22.3% | -4.2% |
| 2021 | 20.6% | -7.3% |
| 2022 | 21.9% | +6.0% |
| 2023 | 21.1% | -3.6% |
| 2024 | 25.4% | +20.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.0% | 3.1% | 7.5% | 8 |
| 1990s | 15.9% | 4.6% | 24.3% | 10 |
| 2000s | 18.4% | 14.6% | 22.8% | 10 |
| 2010s | 21.4% | 16.8% | 25.7% | 10 |
| 2020s | 22.2% | 20.6% | 25.4% | 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)
- Industry (including construction), value added (constant 2015 US$) 6.91 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2384 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 287.54 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 6.91 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 686.49 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 828,111 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 12.18 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.4209 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross savings in Uganda?
- Gross savings in Uganda was 25.4% 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 25.7% in 2014.
- What is the lowest gross savings recorded in Uganda?
- The lowest recorded value was 3.1% in 1987.
- How does Uganda rank for gross savings?
- Uganda ranks 68th out of 177 countries with data for 2024.
- Is gross savings rising or falling in Uganda?
- Over the last ten years it is down 1.3%. The long-run trend across the full record is rising.
- Where does this Uganda data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (% of GNI). 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 as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.