Domestic credit to private sector in Uganda
Uganda: Domestic credit to private sector was 14.3% in 2024. ▲ Rising
Domestic credit to private sector in Uganda, 2011–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, domestic credit to private sector in Uganda stood at 14.3%.
Compared with earlier readings it is down 3.5% on the previous year and up 10.8% over ten years.
Over the whole period, domestic credit to private sector in Uganda peaked at 15.1% in 2022 and was at its lowest, 11.7%, in 2011.
Uganda ranks 158th of 187 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Domestic credit to private sector in Uganda, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2011 | 11.7% | — |
| 2012 | 12.2% | +4.4% |
| 2013 | 12.2% | +0.5% |
| 2014 | 12.9% | +5.5% |
| 2015 | 13.8% | +6.7% |
| 2016 | 13.6% | -0.9% |
| 2017 | 13.5% | -1.2% |
| 2018 | 13.6% | +1.2% |
| 2019 | 13.8% | +1.2% |
| 2020 | 14.2% | +3.0% |
| 2021 | 14.8% | +4.0% |
| 2022 | 15.1% | +2.0% |
| 2023 | 14.8% | -1.8% |
| 2024 | 14.3% | -3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 13.0% | 11.7% | 13.8% | 9 |
| 2020s | 14.6% | 14.2% | 15.1% | 5 |
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 in Uganda?
- Domestic credit to private sector in Uganda was 14.3% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in Uganda?
- The highest recorded value was 15.1% in 2022.
- What is the lowest domestic credit to private sector recorded in Uganda?
- The lowest recorded value was 11.7% in 2011.
- How does Uganda rank for domestic credit to private sector?
- Uganda ranks 158th out of 187 countries with data for 2024.
- Is domestic credit to private sector rising or falling in Uganda?
- Over the last ten years it is up 10.8%. 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 (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, 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. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. 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.