Rwanda - Adjusted savings: gross savings (% of GNI)

Adjusted savings: gross savings (% of GNI) in Rwanda was 15.60 as of 2019. Its highest value over the past 9 years was 17.25 in 2011, while its lowest value was 9.55 in 2015.

Definition: Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.

Source: World Bank national accounts data files.

See also:

Year Value
2010 13.57
2011 17.25
2012 13.77
2013 16.57
2014 12.01
2015 9.55
2016 10.93
2017 15.84
2018 13.08
2019 15.60

Limitations and Exceptions: Because gross savings is calculated as a residual it includes errors, which may not be offsetting, in its components.

Statistical Concept and Methodology: Gross savings are calculated as a residual from the national accounts by taking the difference between income earned by residents (including income received from abroad and workers' remittances) and their consumption expenditures.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts