Uganda Gross Savings
Gross savings as % of GDP NY.GNS.ICTR.ZS
Uganda's gross savings was 16.48% in 2025, ranked 116th globally. This represents a 34.2% decrease from 2024. Data from World Bank, covering 1980–2025.
Overview
Uganda's gross savings stood at 16.48% in 2025, a decline of +8.58% from 2024. The IMF projects 16.48% by 2025. Uganda ranked 116th globally.
Uganda’s gross savings ratio has fallen markedly since the 46‑year series began, slipping from an all‑time peak of 26.14 percent in 1980 to a historic trough of 3.08 percent in 1987, before hovering in the mid‑teens in recent years; the 2025 figure stands at 16.48 percent, placing the country 116th in the global ranking. This decline reflects periods of fiscal stress, low domestic investment and external debt pressures that characterised the late 1980s, while the modest recovery since the early 2000s coincides with gradual improvements in tax collection and modest growth in private sector financing. Uganda’s current savings rate is comparable to peers such as Belize (17.04 percent) and Bulgaria (16.39 percent), but remains below the United States (17.27 percent) and Jordan (16.37 percent). Continued reforms to broaden the tax base, enhance financial inclusion and attract stable foreign capital could lift the savings ratio further, supporting higher investment and more resilient economic growth.
Data & projection
| Year | Gross Savings | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 22.02% | - | - |
| 2029* IMF | 21.90% | - | - |
| 2028* IMF | 20.64% | - | - |
| 2027* IMF | 20.08% | - | - |
| 2026* IMF | 18.49% | - | - |
| 2025* IMF | 16.48% | - | - |
| 2025 | 16.48% | −8.58% | #116 |
| 2024 | 25.06% | +10.58% | #69 |
| 2023 | 20.54% | +4.90% | #104 |
| 2022 | 21.40% | +5.73% | #99 |
| 2021 | 20.18% | +5.47% | #110 |
| 2020 | 21.81% | +3.93% | #87 |
| 2019 | 22.62% | +3.76% | #92 |
| 2018 | 21.33% | +1.63% | #98 |
| 2017 | 23.60% | +0.99% | #81 |
| 2016 | 24.19% | +5.19% | #67 |
| 2015 | 16.58% | −2.12% | #125 |
| 2014 | 25.14% | +1.61% | #63 |
| 2013 | 22.47% | +1.02% | #84 |
| 2012 | 18.54% | +3.43% | #104 |
| 2011 | 16.59% | +0.44% | #124 |
Detected Pattern
Analysis
Uganda matched the Orthodox Tightening Cycle pattern in 2011. Historically, 57% of countries showing this pattern (177 out of 311) saw gross savings improve within 24 months. View full analysis →
Frequently Asked Questions
Uganda's gross savings was 16.48% in 2025. Ranked 116th globally. This represents a 34.2% decrease from the previous year.
Uganda's gross savings peaked at 26.14% in 1980.
The lowest gross savings in Uganda was 3.08% in 1987.
Uganda ranks 116th globally in gross savings as of 2025.
The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.
Uganda's gross savings is projected to reach 16.48% by 2025 based on IMF projection.
The gross savings of Uganda in 2025 was 16.48%. This ranks 116th in the world.
Cite this page
@misc{historysaid_uganda_gross-savings,
title = {Uganda Gross Savings},
url = {https://historysaid.com/uganda/gross-savings/},
publisher = {HistorySaid},
year = {2026}
}