Deposit Rate, Percent per annum in Uganda
Uganda: Deposit Rate, Percent per annum was 9.38 in 2018. ◆ Volatile
Deposit Rate, Percent per annum in Uganda, 1984–2018
Source: International Monetary Fund.
Analysis
In 2018, deposit rate, percent per annum in Uganda stood at 9.38.
The figure is down 3.2% on the previous year and down 12.0% over ten years.
Over the whole period, deposit rate, percent per annum in Uganda peaked at 35.83 in 1992 and was at its lowest, 5.56, in 2002.
That places Uganda 17th out of 143 countries with data for 2018, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Deposit Rate, Percent per annum in Uganda, year by year
| Year | Value | Change |
|---|---|---|
| 1984 | 20 | — |
| 1985 | 20 | +0.0% |
| 1986 | 23.33 | +16.7% |
| 1987 | 20 | -14.3% |
| 1988 | 21.5 | +7.5% |
| 1989 | 32.17 | +49.6% |
| 1990 | 31.25 | -2.8% |
| 1991 | 31.17 | -0.3% |
| 1992 | 35.83 | +15.0% |
| 1993 | 16.26 | -54.6% |
| 1994 | 9.99 | -38.5% |
| 1995 | 7.61 | -23.9% |
| 1996 | 10.62 | +39.6% |
| 1997 | 11.84 | +11.5% |
| 1998 | 11.36 | -4.1% |
| 1999 | 8.73 | -23.1% |
| 2000 | 9.84 | +12.7% |
| 2001 | 8.47 | -13.9% |
| 2002 | 5.56 | -34.3% |
| 2003 | 9.85 | +77.0% |
| 2004 | 7.74 | -21.4% |
| 2005 | 8.79 | +13.6% |
| 2006 | 9.09 | +3.3% |
| 2007 | 9.26 | +1.9% |
| 2008 | 10.67 | +15.2% |
| 2009 | 9.75 | -8.6% |
| 2010 | 7.69 | -21.2% |
| 2011 | 13.34 | +73.6% |
| 2012 | 16.8 | +25.9% |
| 2013 | 12.12 | -27.9% |
| 2014 | 10.81 | -10.8% |
| 2015 | 12.77 | +18.1% |
| 2016 | 13.24 | +3.7% |
| 2017 | 9.7 | -26.7% |
| 2018 | 9.38 | -3.2% |
Uganda compared with similar countries
- Uganda's 9.38 is above the median for low income countries, which is 6.5, 1.4× the median. (17 countries reporting)
- Uganda's 9.38 is above the median for Sub-Saharan Africa, which is 5.67, 1.7× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 22.83 | 20 | 32.17 | 6 |
| 1990s | 17.47 | 7.61 | 35.83 | 10 |
| 2000s | 8.9 | 5.56 | 10.67 | 10 |
| 2010s | 11.76 | 7.69 | 16.8 | 9 |
Countries ranked near Uganda
- 14 Rwanda 10.33 compare
- 15 Ukraine 9.95 compare
- 16 Dominican Republic 9.77 compare
- 18 Azerbaijan 9.36 compare
- 19 Bangladesh 9.35 compare
- 20 Colombia 8.96 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 deposit rate, percent per annum in Uganda?
- Deposit rate, percent per annum in Uganda was 9.38 in 2018, according to International Monetary Fund.
- What is the highest deposit rate, percent per annum recorded in Uganda?
- The highest recorded value was 35.83 in 1992.
- What is the lowest deposit rate, percent per annum recorded in Uganda?
- The lowest recorded value was 5.56 in 2002.
- How does Uganda rank for deposit rate, percent per annum?
- Uganda ranks 17th out of 143 countries with data for 2018.
- Is deposit rate, percent per annum rising or falling in Uganda?
- Over the last ten years it is down 12.0%. The long-run trend across the full record is volatile.
- Where does this Uganda data come from?
- The figures come from International Monetary Fund, published as part of Deposit Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.