Goods balance (credit less debit), Net (credits less debits) (US) in Uganda
Uganda: Goods balance (credit less debit), Net (credits less debits) (US) was -3.00 billion in 2024. ▼ Falling
Goods balance (credit less debit), Net (credits less debits) in Uganda, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for goods balance (credit less debit), net (credits less debits) in Uganda is -3.00 billion, measured in 2024.
Compared with earlier readings it is down 6.4% on the previous year and down 26.5% over ten years.
Over the whole period, goods balance (credit less debit), net (credits less debits) in Uganda peaked at -729.71 million in 2005 and was at its lowest, -3.67 billion, in 2022.
Uganda ranks 131st of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Goods balance (credit less debit), Net (credits less debits) (US) in Uganda, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -729.71 million | — |
| 2006 | -1.04 billion | +42.5% |
| 2007 | -1.19 billion | +14.8% |
| 2008 | -1.84 billion | +53.8% |
| 2009 | -1.51 billion | -17.8% |
| 2010 | -2.21 billion | +46.6% |
| 2011 | -2.48 billion | +12.0% |
| 2012 | -2.45 billion | -1.1% |
| 2013 | -2.15 billion | -12.5% |
| 2014 | -2.37 billion | +10.7% |
| 2015 | -2.27 billion | -4.4% |
| 2016 | -1.57 billion | -31.0% |
| 2017 | -1.71 billion | +9.4% |
| 2018 | -2.45 billion | +43.1% |
| 2019 | -2.75 billion | +12.3% |
| 2020 | -2.64 billion | -4.3% |
| 2021 | -3.05 billion | +15.5% |
| 2022 | -3.67 billion | +20.5% |
| 2023 | -2.82 billion | -23.1% |
| 2024 | -3.00 billion | +6.4% |
Uganda compared with similar countries
- Uganda's -3.00 billion is below the median for low income countries, which is -997.41 million, 3.0× the median. (20 countries reporting)
- Uganda's -3.00 billion is below the median for Sub-Saharan Africa, which is -577.00 million, 5.2× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.26 billion | -1.84 billion | -729.71 million | 5 |
| 2010s | -2.24 billion | -2.75 billion | -1.57 billion | 10 |
| 2020s | -3.04 billion | -3.67 billion | -2.64 billion | 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 goods balance (credit less debit), net (credits less debits) in Uganda?
- Goods balance (credit less debit), net (credits less debits) in Uganda was -3.00 billion in 2024, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), net (credits less debits) recorded in Uganda?
- The highest recorded value was -729.71 million in 2005.
- What is the lowest goods balance (credit less debit), net (credits less debits) recorded in Uganda?
- The lowest recorded value was -3.67 billion in 2022.
- How does Uganda rank for goods balance (credit less debit), net (credits less debits)?
- Uganda ranks 131st out of 198 countries with data for 2024.
- Is goods balance (credit less debit), net (credits less debits) rising or falling in Uganda?
- Over the last ten years it is down 26.5%. The long-run trend across the full record is falling.
- Where does this Uganda data come from?
- The figures come from International Monetary Fund, published as part of Goods balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.