The gross savings of Rwanda in 2023 amounted to 1 933 million USD, which is 2.02% less than in 2022, when it was 1 973 million USD. This is the first year of decline after a period of growth. Over the entire period of data from World Bank and OECD since 2010, this indicator has increased in 2.36 times. The lowest gross savings recorded in 2010, when it was 820 million USD. The maximum savings value of Rwanda was in 2022, when it reached 1 973 million USD. Gross national savings is the total amount of income that a country’s residents save, rather than spend, during the year.
Additional infomation: About indicator
Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars.
