National Savings: Uganda
Uganda's national savings is currently 18.49 % of GDP as of 2026. # Uganda National Savings Uganda's national savings stood at 18.
Current (2026)
18.49 % of GDP
+12.2% y/y
Peak (2013)
23.53 % of GDP
Low (2024)
13.983 % of GDP
Source
IMF World Economic Outlook
2004–2026 · 23 pts
National Savings — Uganda
2004 — 2026
National Savings — Uganda
Analysis# Uganda National Savings
Uganda's national savings stood at 18.49% of GDP in 2026, rebounding from a concerning low of 13.983% in 2024. The metric remains substantially below its all-time peak of 23.53% in 2013, reflecting a decline of 18.4% over the past two decades. Since 2004, Uganda's savings rate has experienced considerable volatility, though the current level suggests partial recovery from recent weakness.
A sharp deterioration occurred between 2020 and 2024, with savings collapsing from 14.715% to 13.983%—the lowest point on record. The rebound in 2025 to 16.482% and continued growth through 2026 signals renewed savings momentum. If this upward trajectory persists, Uganda could approach historical norms, though substantial ground remains before reaching the 2013 peak.
Historical Data
23 Rows| Year | Value | Change % |
|---|---|---|
| 2026 | 18.49 % of GDP | +12.18% |
| 2025 | 16.482 % of GDP | +17.87% |
| 2024 | 13.983 % of GDP | -3.43% |
| 2023 | 14.479 % of GDP | -7.44% |
| 2022 | 15.643 % of GDP | -0.18% |
| 2021 | 15.671 % of GDP | +6.50% |
| 2020 | 14.715 % of GDP | -17.69% |
| 2019 | 17.878 % of GDP | -5.19% |
| 2018 | 18.857 % of GDP | -4.29% |
| 2017 | 19.703 % of GDP | -12.83% |
| 2016 | 22.603 % of GDP | +18.96% |
| 2015 | 19.001 % of GDP | +1.62% |
| 2014 | 18.699 % of GDP | -20.53% |
| 2013 | 23.53 % of GDP | +9.70% |
| 2012 | 21.449 % of GDP | +41.89% |
| 2011 | 15.117 % of GDP | -6.37% |
| 2010 | 16.146 % of GDP | -5.70% |
| 2009 | 17.122 % of GDP | +5.46% |
| 2008 | 16.236 % of GDP | -23.43% |
| 2007 | 21.203 % of GDP | +9.53% |
Show all 23 rows
| Year | Value | Change % |
|---|---|---|
| 2006 | 19.359 % of GDP | -15.86% |
| 2005 | 23.007 % of GDP | +1.51% |
| 2004 | 22.665 % of GDP | — |
Related Data
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