Nominal Gross National Saving for Rwanda
RWANGSGDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.10
Year-over-Year Change
18.64%
Date Range
1/1/2000 - 1/1/2026
Summary
The Nominal Gross National Saving for Rwanda measures the total national savings as a percentage of gross national income in the country. This metric is important for economists and policymakers to assess Rwanda's domestic capital formation and ability to fund investment.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Gross national saving is the difference between gross national income and private and government consumption. It represents the portion of the nation's output that is saved rather than consumed, and is a key indicator of a country's economic resilience and potential for future growth.
Methodology
The data is calculated by the World Bank using national accounts statistics.
Historical Context
Nominal gross national saving is used by analysts and policymakers to evaluate Rwanda's economic health and prospects for development.
Key Facts
- Rwanda's nominal gross national saving was 12.3% of GNI in 2021.
- Gross national saving has increased from 8.4% of GNI in 2000 to 12.3% in 2021.
- Saving as a share of GNI is an important driver of investment and economic development.
FAQs
Q: What does this economic trend measure?
A: The Nominal Gross National Saving for Rwanda measures the total national savings as a percentage of gross national income in the country.
Q: Why is this trend relevant for users or analysts?
A: Gross national saving is a key indicator of a country's economic resilience and potential for future growth, making it relevant for analysts and policymakers evaluating Rwanda's economic health and development prospects.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts statistics.
Q: How is this trend used in economic policy?
A: Nominal gross national saving is used by analysts and policymakers to evaluate Rwanda's economic health and prospects for development.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank with some delay, but provides a reliable long-term perspective on Rwanda's national saving.
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Citation
U.S. Federal Reserve, Nominal Gross National Saving for Rwanda (RWANGSGDPPT), retrieved from FRED.