Rwanda - Gross savings (% of GDP)

Gross savings (% of GDP) in Rwanda was 11.96 as of 2020. Its highest value over the past 10 years was 17.27 in 2011, while its lowest value was 9.88 in 2015.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2010 13.39
2011 17.27
2012 13.67
2013 16.52
2014 11.79
2015 9.88
2016 10.75
2017 14.36
2018 10.93
2019 11.13
2020 11.96

Statistical Concept and Methodology: Gross savings represent the difference between disposable income and consumption and replace gross domestic savings, a concept used by the World Bank and included in World Development Indicators editions before 2006. The change was made to conform to SNA concepts and definitions.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts