Savings Rate, Percent per annum in Uganda
Uganda: Savings Rate, Percent per annum was 3.53 in 2018. ◆ Volatile
Savings Rate, Percent per annum in Uganda, 1980–2018
Source: International Monetary Fund.
Analysis
In 2018, savings rate, percent per annum in Uganda stood at 3.53.
Compared with earlier readings it is up 12.3% on the previous year and up 53.0% over ten years.
Over the whole period, savings rate, percent per annum in Uganda peaked at 32.67 in 1992 and was at its lowest, 1.81, in 2002.
Uganda ranks 15th of 63 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Savings Rate, Percent per annum in Uganda, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 3 | — |
| 1981 | 6.5 | +116.7% |
| 1982 | 9 | +38.5% |
| 1983 | 12 | +33.3% |
| 1984 | 18 | +50.0% |
| 1985 | 18 | +0.0% |
| 1986 | 22.67 | +25.9% |
| 1987 | 22.5 | -0.7% |
| 1988 | 23 | +2.2% |
| 1989 | 32.17 | +39.9% |
| 1990 | 31.5 | -2.1% |
| 1991 | 29.83 | -5.3% |
| 1992 | 32.67 | +9.5% |
| 1993 | 12.28 | -62.4% |
| 1994 | 5.95 | -51.5% |
| 1995 | 2.76 | -53.5% |
| 1996 | 3.18 | +14.9% |
| 1997 | 3.76 | +18.5% |
| 1998 | 4.14 | +10.0% |
| 1999 | 3.95 | -4.5% |
| 2000 | 3.99 | +0.9% |
| 2001 | 3.71 | -6.8% |
| 2002 | 1.81 | -51.3% |
| 2003 | 2.38 | +31.8% |
| 2004 | 2.03 | -14.8% |
| 2005 | 1.83 | -9.8% |
| 2006 | 2.02 | +10.1% |
| 2007 | 2.32 | +14.9% |
| 2008 | 2.31 | -0.5% |
| 2009 | 2.29 | -0.7% |
| 2010 | 2.38 | +3.9% |
| 2011 | 2.35 | -1.2% |
| 2012 | 3.2 | +36.3% |
| 2013 | 2.94 | -8.2% |
| 2014 | 2.71 | -7.6% |
| 2015 | 3.35 | +23.3% |
| 2016 | 3.49 | +4.4% |
| 2017 | 3.14 | -10.1% |
| 2018 | 3.53 | +12.3% |
Uganda compared with similar countries
- Uganda's 3.53 is above the median for low income countries, which is 1.99, 1.8× the median. (5 countries reporting)
- Uganda's 3.53 is above the median for Sub-Saharan Africa, which is 2.92, 1.2× the median. (14 countries reporting)
Biggest year-on-year movements
Years where Savings Rate, Percent per annum in Uganda changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1981 | +116.7% | 3 | 6.5 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 16.68 | 3 | 32.17 | 10 |
| 1990s | 13 | 2.76 | 32.67 | 10 |
| 2000s | 2.47 | 1.81 | 3.99 | 10 |
| 2010s | 3.01 | 2.35 | 3.53 | 9 |
Countries ranked near Uganda
More financial sector data for Uganda
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is savings rate, percent per annum in Uganda?
- Savings rate, percent per annum in Uganda was 3.53 in 2018, according to International Monetary Fund.
- What is the highest savings rate, percent per annum recorded in Uganda?
- The highest recorded value was 32.67 in 1992.
- What is the lowest savings rate, percent per annum recorded in Uganda?
- The lowest recorded value was 1.81 in 2002.
- How does Uganda rank for savings rate, percent per annum?
- Uganda ranks 15th out of 63 countries with data for 2018.
- Is savings rate, percent per annum rising or falling in Uganda?
- Over the last ten years it is up 53.0%. The long-run trend across the full record is volatile.
- Where does this Uganda data come from?
- The figures come from International Monetary Fund, published as part of Savings Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.