Broad money to total reserves ratio in Uganda
Uganda: Broad money to total reserves ratio was 3.22 in 2024. ◆ Volatile
Broad money to total reserves ratio in Uganda, 1966–2024
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
In 2024, broad money to total reserves ratio in Uganda stood at 3.22.
That represents a change of up 19.8% on the previous year and up 75.3% over ten years.
Over the whole period, broad money to total reserves ratio in Uganda peaked at 61.24 in 1980 and was at its lowest, 0.9557, in 2001.
Uganda ranks 74th of 158 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.74 | 3.46 | 4.18 | 4 |
| 1970s | 12.99 | 4.13 | 32.72 | 10 |
| 1980s | 17.55 | 1.67 | 61.24 | 10 |
| 1990s | 2.6 | 1.23 | 7.43 | 10 |
| 2000s | 1.17 | 0.9557 | 1.48 | 10 |
| 2010s | 1.81 | 1.51 | 2.23 | 10 |
| 2020s | 2.48 | 1.87 | 3.22 | 5 |
Countries ranked near Uganda
- 71 Trinidad and Tobago 3.32 compare
- 72 Sierra Leone 3.27 compare
- 73 Namibia 3.26 compare
- 75 Grenada 3.2 compare
- 76 Fiji 3.2 compare
- 77 Mozambique 3.17 compare
More financial sector data for Uganda
- Domestic credit to private sector by banks 12.5% (2025)
- Total reserves in months of imports 2.39 (2024)
- Net domestic credit 50.23 trillion current LCU (2025)
- Net foreign assets 18.21 trillion current LCU (2025)
- Monetary Sector credit to private sector 12.6% (2025)
- Broad money 22.3% (2025)
- Claims on central government, etc. 9.0% (2025)
- Domestic credit to private sector 14.3% (2024)
- Official exchange rate 3,603 LCU per US$, period average (2025)
- Net migration -119,059 (2025)
Frequently asked questions
- What is broad money to total reserves ratio in Uganda?
- Broad money to total reserves ratio in Uganda was 3.22 in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money to total reserves ratio recorded in Uganda?
- The highest recorded value was 61.24 in 1980.
- What is the lowest broad money to total reserves ratio recorded in Uganda?
- The lowest recorded value was 0.9557 in 2001.
- How does Uganda rank for broad money to total reserves ratio?
- Uganda ranks 74th out of 158 countries with data for 2024.
- Is broad money to total reserves ratio rising or falling in Uganda?
- Over the last ten years it is up 75.3%. The long-run trend across the full record is volatile.
- Where does this Uganda data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money to total reserves ratio. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 59 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed as a ratio (a÷b).