Bank nonperforming loans to total gross loans in Uganda
Uganda: Bank nonperforming loans to total gross loans was 3.9% in 2024. ▲ Rising
Bank nonperforming loans to total gross loans in Uganda, 2005–2024
Source: Financial Soundness Indicators, International Monetary Fund (IMF). Measured in %.
Analysis
Uganda recorded 3.9% for bank nonperforming loans to total gross loans in 2024.
Compared with earlier readings it is down 14.1% on the previous year and down 4.7% over ten years.
Over the whole period, bank nonperforming loans to total gross loans in Uganda peaked at 10.4% in 2016 and was at its lowest, 1.5%, in 2005.
Uganda ranks 64th of 150 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Bank nonperforming loans to total gross loans in Uganda, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 1.5% | — |
| 2006 | 2.0% | +30.1% |
| 2007 | 2.8% | +45.3% |
| 2008 | 1.7% | -41.0% |
| 2009 | 3.3% | +99.0% |
| 2010 | 1.9% | -44.3% |
| 2011 | 2.0% | +9.5% |
| 2012 | 4.1% | +98.9% |
| 2013 | 6.0% | +47.3% |
| 2014 | 4.1% | -32.2% |
| 2015 | 5.1% | +26.5% |
| 2016 | 10.4% | +102.9% |
| 2017 | 5.4% | -47.6% |
| 2018 | 3.3% | -39.0% |
| 2019 | 4.6% | +37.2% |
| 2020 | 5.3% | +17.3% |
| 2021 | 5.3% | -0.4% |
| 2022 | 5.1% | -4.3% |
| 2023 | 4.5% | -11.7% |
| 2024 | 3.9% | -14.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.3% | 1.5% | 3.3% | 5 |
| 2010s | 4.7% | 1.9% | 10.4% | 10 |
| 2020s | 4.8% | 3.9% | 5.3% | 5 |
Countries ranked near Uganda
More financial sector data for Uganda
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -9 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.047 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 50.64 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate -9.04 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 53.4 SDR per person (2024)
- Total reserves (gold at market value) (SDR), annual growth rate -9.04 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 53.4 SDR per person (2024)
- Total reserves (gold at national valuation) (SDR), annual growth rate -9.04 % change on previous year (2024)
- Total reserves (gold at national valuation) (SDR), per capita 53.4 SDR per person (2024)
- Total reserves in months of imports, annual growth rate -25.25 % change on previous year (2024)
Frequently asked questions
- What is bank nonperforming loans to total gross loans in Uganda?
- Bank nonperforming loans to total gross loans in Uganda was 3.9% in 2024, according to Financial Soundness Indicators, International Monetary Fund (IMF).
- What is the highest bank nonperforming loans to total gross loans recorded in Uganda?
- The highest recorded value was 10.4% in 2016.
- What is the lowest bank nonperforming loans to total gross loans recorded in Uganda?
- The lowest recorded value was 1.5% in 2005.
- How does Uganda rank for bank nonperforming loans to total gross loans?
- Uganda ranks 64th out of 150 countries with data for 2024.
- Is bank nonperforming loans to total gross loans rising or falling in Uganda?
- Over the last ten years it is down 4.7%. The long-run trend across the full record is rising.
- Where does this Uganda data come from?
- The figures come from Financial Soundness Indicators, International Monetary Fund (IMF), published as part of Bank nonperforming loans to total gross loans (%). Statizoid updates them automatically from the source API.
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About this data
The indicator measures the proportion of a deposit taker’s loan portfolio that is impaired or at risk of default. It is calculated as the ratio of non-performing loans (NPLs) to total gross loans, where NPLs are defined as loans that are past due by 90 days or more or are otherwise considered unlikely to be repaid in full without the realization of collateral. Both non-performing loans and total gross loans should be reported at their gross book value, without deducting for loan-loss provisions or collateral. This indicator provides a key measure of asset quality and potential credit risk in the banking system.