Financial system deposits to GDP in Uganda
Uganda: Financial system deposits to GDP was 18.6% in 2021. ▲ Rising
Financial system deposits to GDP in Uganda, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for financial system deposits to gdp in Uganda is 18.6%, measured in 2021.
Compared with earlier readings it is down 3.4% on the previous year and up 31.6% over ten years.
Over the whole period, financial system deposits to gdp in Uganda peaked at 25.9% in 2008 and was at its lowest, 4.6%, in 1989.
Uganda ranks 169th of 185 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 62 years of available data.
Financial system deposits to GDP in Uganda, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 6.3% | — |
| 1961 | 6.8% | +7.5% |
| 1962 | 6.8% | +1.1% |
| 1963 | 6.7% | -1.4% |
| 1964 | 6.9% | +2.9% |
| 1965 | 7.6% | +9.0% |
| 1966 | 10.0% | +32.6% |
| 1967 | 9.8% | -2.5% |
| 1968 | 11.1% | +13.5% |
| 1969 | 10.5% | -5.2% |
| 1970 | 12.0% | +14.0% |
| 1971 | 10.4% | -13.0% |
| 1972 | 14.2% | +35.9% |
| 1973 | 17.1% | +20.5% |
| 1974 | 18.7% | +9.5% |
| 1975 | 15.5% | -17.1% |
| 1976 | 16.3% | +4.9% |
| 1977 | 9.0% | -44.6% |
| 1978 | 10.3% | +14.5% |
| 1979 | 9.1% | -11.5% |
| 1980 | 8.9% | -2.2% |
| 1981 | 8.5% | -4.5% |
| 1982 | 5.8% | -32.0% |
| 1983 | 5.1% | -11.7% |
| 1984 | 7.6% | +48.2% |
| 1985 | 8.4% | +11.0% |
| 1986 | 8.2% | -2.3% |
| 1987 | 7.6% | -7.4% |
| 1988 | 4.9% | -35.6% |
| 1989 | 4.6% | -5.9% |
| 1990 | 4.9% | +5.5% |
| 1991 | 6.0% | +22.7% |
| 1992 | 6.0% | +0.8% |
| 1993 | 7.3% | +20.9% |
| 1994 | 8.8% | +20.6% |
| 1995 | 8.2% | -7.3% |
| 1996 | 8.9% | +9.2% |
| 1997 | 10.2% | +14.2% |
| 1998 | 11.1% | +9.0% |
| 1999 | 11.6% | +4.5% |
| 2000 | 12.2% | +5.7% |
| 2001 | 12.3% | +0.2% |
| 2002 | 14.7% | +20.0% |
| 2003 | 15.2% | +3.0% |
| 2004 | 13.4% | -11.7% |
| 2005 | 14.9% | +11.2% |
| 2006 | 15.0% | +1.0% |
| 2007 | 16.1% | +6.7% |
| 2008 | 25.9% | +61.3% |
| 2009 | 13.1% | -49.2% |
| 2010 | 14.1% | +7.4% |
| 2011 | 14.2% | +0.3% |
| 2012 | 13.3% | -6.4% |
| 2013 | 19.1% | +44.2% |
| 2014 | 13.3% | -30.5% |
| 2015 | 14.8% | +11.7% |
| 2016 | 15.1% | +1.6% |
| 2017 | 15.7% | +4.4% |
| 2018 | 15.5% | -1.2% |
| 2019 | 16.3% | +5.2% |
| 2020 | 19.3% | +18.0% |
| 2021 | 18.6% | -3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.3% | 6.3% | 11.1% | 10 |
| 1970s | 13.3% | 9.0% | 18.7% | 10 |
| 1980s | 7.0% | 4.6% | 8.9% | 10 |
| 1990s | 8.3% | 4.9% | 11.6% | 10 |
| 2000s | 15.3% | 12.2% | 25.9% | 10 |
| 2010s | 15.1% | 13.3% | 19.1% | 10 |
| 2020s | 18.9% | 18.6% | 19.3% | 2 |
Countries ranked near Uganda
- 166 Madagascar 20.1% compare
- 167 Guinea-Bissau 19.6% compare
- 168 Gabon 18.7% compare
- 170 Guinea 18.0% compare
- 171 Liberia 17.9% compare
- 172 Afghanistan 17.6% compare
More financial sector data for Uganda
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -9 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.047 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 50.64 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate -9.04 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 53.4 SDR per person (2024)
- Total reserves (gold at market value) (SDR), annual growth rate -9.04 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 53.4 SDR per person (2024)
- Total reserves (gold at national valuation) (SDR), annual growth rate -9.04 % change on previous year (2024)
- Total reserves (gold at national valuation) (SDR), per capita 53.4 SDR per person (2024)
- Total reserves (gold at national valuation) 2.67 billion SDR (2024)
Frequently asked questions
- What is financial system deposits to gdp in Uganda?
- Financial system deposits to gdp in Uganda was 18.6% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest financial system deposits to gdp recorded in Uganda?
- The highest recorded value was 25.9% in 2008.
- What is the lowest financial system deposits to gdp recorded in Uganda?
- The lowest recorded value was 4.6% in 1989.
- How does Uganda rank for financial system deposits to gdp?
- Uganda ranks 169th out of 185 countries with data for 2021.
- Is financial system deposits to gdp rising or falling in Uganda?
- Over the last ten years it is up 31.6%. The long-run trend across the full record is rising.
- Where does this Uganda data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Financial system deposits to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 62 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Demand, time and saving deposits in deposit money banks and other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Financial system deposits (IFS lines 24, 25, 44, and 45); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).