Borrowers from commercial banks (per 1,000 adults) in Uganda
Uganda: Borrowers from commercial banks (per 1,000 adults) was 60.34 per 1,000 adults in 2024. ▲ Rising
Borrowers from commercial banks in Uganda, 2010–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
Uganda recorded 60.34 per 1,000 adults for borrowers from commercial banks in 2024.
Compared with earlier readings it is up 45.1% on the previous year and up 185.0% over ten years.
Over the whole period, borrowers from commercial banks in Uganda peaked at 71.82 per 1,000 adults in 2019 and was at its lowest, 17.64 per 1,000 adults, in 2012.
Uganda ranks 81st of 113 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Borrowers from commercial banks (per 1,000 adults) in Uganda, year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2010 | 18.78 per 1,000 adults | — |
| 2011 | 19.54 per 1,000 adults | +4.1% |
| 2012 | 17.64 per 1,000 adults | -9.7% |
| 2013 | 19.14 per 1,000 adults | +8.5% |
| 2014 | 21.17 per 1,000 adults | +10.6% |
| 2015 | 25.54 per 1,000 adults | +20.6% |
| 2016 | 33.23 per 1,000 adults | +30.1% |
| 2017 | 31.46 per 1,000 adults | -5.3% |
| 2018 | 70.48 per 1,000 adults | +124.0% |
| 2019 | 71.82 per 1,000 adults | +1.9% |
| 2020 | 59.73 per 1,000 adults | -16.8% |
| 2021 | 40.75 per 1,000 adults | -31.8% |
| 2022 | 45.12 per 1,000 adults | +10.7% |
| 2023 | 41.59 per 1,000 adults | -7.8% |
| 2024 | 60.34 per 1,000 adults | +45.1% |
Uganda compared with similar countries
- Uganda's 60.34 per 1,000 adults is above the median for low income countries, which is 12.66 per 1,000 adults, 4.8× the median. (15 countries reporting)
- Uganda's 60.34 per 1,000 adults is above the median for Sub-Saharan Africa, which is 55.43 per 1,000 adults, 1.1× the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 32.88 per 1,000 adults | 17.64 per 1,000 adults | 71.82 per 1,000 adults | 10 |
| 2020s | 49.51 per 1,000 adults | 40.75 per 1,000 adults | 60.34 per 1,000 adults | 5 |
Countries ranked near Uganda
- 78 Lebanon 70.82 per 1,000 adults compare
- 79 Equatorial Guinea 63.84 per 1,000 adults compare
- 80 Congo 61.25 per 1,000 adults compare
- 82 United Kingdom 59.47 per 1,000 adults
- 83 Mozambique 59.25 per 1,000 adults compare
- 84 Zimbabwe 58.55 per 1,000 adults compare
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 borrowers from commercial banks in Uganda?
- Borrowers from commercial banks in Uganda was 60.34 per 1,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest borrowers from commercial banks recorded in Uganda?
- The highest recorded value was 71.82 per 1,000 adults in 2019.
- What is the lowest borrowers from commercial banks recorded in Uganda?
- The lowest recorded value was 17.64 per 1,000 adults in 2012.
- How does Uganda rank for borrowers from commercial banks?
- Uganda ranks 81st out of 113 countries with data for 2024.
- Is borrowers from commercial banks rising or falling in Uganda?
- Over the last ten years it is up 185.0%. The long-run trend across the full record is rising.
- Where does this Uganda data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Borrowers from commercial banks (per 1,000 adults). Statizoid updates them automatically from the source API.
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About this data
Borrowers from commercial banks are the reported number of resident customers that are nonfinancial corporations (public and private) and households who obtained loans from commercial banks and other banks functioning as commercial banks.