Domestic credit to private sector by banks in Uganda
Uganda: Domestic credit to private sector by banks was 12.5% in 2025. ▲ Rising
Domestic credit to private sector by banks in Uganda, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Uganda recorded 12.5% for domestic credit to private sector by banks in 2025.
The figure is up 0.3% on the previous year and down 2.1% over ten years.
Over the whole period, domestic credit to private sector by banks in Uganda peaked at 13.8% in 2008 and was at its lowest, 2.6%, in 1984.
That places Uganda 162nd out of 187 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 66 years of available data.
Domestic credit to private sector by banks in Uganda, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 6.5% | — |
| 1961 | 6.4% | -0.9% |
| 1962 | 7.4% | +15.8% |
| 1963 | 7.1% | -4.5% |
| 1964 | 7.7% | +8.0% |
| 1965 | 8.0% | +4.5% |
| 1966 | 8.8% | +10.3% |
| 1967 | 8.7% | -1.5% |
| 1968 | 9.0% | +3.9% |
| 1969 | 9.9% | +9.7% |
| 1970 | 9.4% | -4.7% |
| 1971 | 8.6% | -8.5% |
| 1972 | 8.8% | +2.1% |
| 1973 | 9.4% | +7.0% |
| 1974 | 10.1% | +6.8% |
| 1975 | 7.7% | -23.9% |
| 1976 | 7.1% | -7.8% |
| 1977 | 4.6% | -34.4% |
| 1978 | 4.5% | -3.3% |
| 1979 | 3.1% | -31.1% |
| 1980 | 3.9% | +27.3% |
| 1981 | 4.0% | +1.9% |
| 1982 | 3.0% | -26.1% |
| 1983 | 3.2% | +7.5% |
| 1984 | 2.6% | -17.0% |
| 1985 | 3.4% | +28.6% |
| 1986 | 2.9% | -14.7% |
| 1987 | 2.8% | -3.2% |
| 1988 | 2.8% | -1.0% |
| 1989 | 3.3% | +19.0% |
| 1990 | 3.6% | +8.4% |
| 1991 | 3.5% | -1.7% |
| 1992 | 3.8% | +8.5% |
| 1993 | 4.3% | +12.7% |
| 1994 | 4.3% | +0.5% |
| 1995 | 4.6% | +5.7% |
| 1996 | 5.3% | +15.3% |
| 1997 | 4.8% | -8.6% |
| 1998 | 5.6% | +16.3% |
| 1999 | 6.0% | +7.3% |
| 2000 | 5.7% | -5.7% |
| 2001 | 6.6% | +16.7% |
| 2002 | 7.7% | +16.3% |
| 2003 | 8.3% | +7.4% |
| 2004 | 7.6% | -8.0% |
| 2005 | 8.5% | +11.3% |
| 2006 | 10.0% | +17.7% |
| 2007 | 10.1% | +1.3% |
| 2008 | 13.8% | +36.5% |
| 2009 | 8.2% | -40.5% |
| 2010 | 10.0% | +22.5% |
| 2011 | 11.4% | +13.0% |
| 2012 | 11.9% | +4.5% |
| 2013 | 11.9% | -0.1% |
| 2014 | 12.3% | +3.7% |
| 2015 | 12.8% | +4.2% |
| 2016 | 12.5% | -2.4% |
| 2017 | 12.3% | -1.5% |
| 2018 | 12.4% | +0.7% |
| 2019 | 12.7% | +2.5% |
| 2020 | 13.0% | +2.5% |
| 2021 | 13.3% | +1.9% |
| 2022 | 13.4% | +0.7% |
| 2023 | 12.9% | -3.3% |
| 2024 | 12.5% | -3.2% |
| 2025 | 12.5% | +0.3% |
Uganda compared with similar countries
- Uganda's 12.5% is above the median for low income countries, which is 11.9%, 1.1× the median. (24 countries reporting)
- Uganda's 12.5% is below the median for Sub-Saharan Africa, which is 15.6%, 80% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.9% | 6.4% | 9.9% | 10 |
| 1970s | 7.3% | 3.1% | 10.1% | 10 |
| 1980s | 3.2% | 2.6% | 4.0% | 10 |
| 1990s | 4.6% | 3.5% | 6.0% | 10 |
| 2000s | 8.6% | 5.7% | 13.8% | 10 |
| 2010s | 12.0% | 10.0% | 12.8% | 10 |
| 2020s | 12.9% | 12.5% | 13.4% | 6 |
Countries ranked near Uganda
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 domestic credit to private sector by banks in Uganda?
- Domestic credit to private sector by banks in Uganda was 12.5% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector by banks recorded in Uganda?
- The highest recorded value was 13.8% in 2008.
- What is the lowest domestic credit to private sector by banks recorded in Uganda?
- The lowest recorded value was 2.6% in 1984.
- How does Uganda rank for domestic credit to private sector by banks?
- Uganda ranks 162nd out of 187 countries with data for 2025.
- Is domestic credit to private sector by banks rising or falling in Uganda?
- Over the last ten years it is down 2.1%. The long-run trend across the full record is rising.
- Where does this Uganda data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit to private sector by banks (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.