Lending interest rate in Uganda
Uganda: Lending interest rate was 19.8% in 2018. ▼ Falling
Lending interest rate in Uganda, 1980–2018
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
In 2018, lending interest rate in Uganda stood at 19.8%.
That represents a change of down 6.7% on the previous year and down 3.0% over ten years.
Over the whole period, lending interest rate in Uganda peaked at 40.0% in 1989 and was at its lowest, 12.0%, in 1980.
That places Uganda 16th out of 149 countries with data for 2018, putting it in the top quarter.
The long-run direction has been consistently falling across the 38 years of available data.
Lending interest rate in Uganda, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 12.0% | — |
| 1981 | 12.5% | +4.2% |
| 1982 | 14.5% | +16.0% |
| 1983 | 16.2% | +11.5% |
| 1984 | 21.9% | +35.6% |
| 1985 | 24.0% | +9.5% |
| 1986 | 33.3% | +38.9% |
| 1987 | 34.7% | +4.0% |
| 1988 | 35.0% | +1.0% |
| 1989 | 40.0% | +14.3% |
| 1990 | 38.7% | -3.3% |
| 1991 | 34.4% | -11.0% |
| 1992 | 39.1% | +13.6% |
| 1994 | 20.8% | -46.9% |
| 1995 | 20.2% | -2.9% |
| 1996 | 20.3% | +0.7% |
| 1997 | 21.4% | +5.3% |
| 1998 | 20.9% | -2.4% |
| 1999 | 21.5% | +3.3% |
| 2000 | 22.9% | +6.4% |
| 2001 | 22.7% | -1.2% |
| 2002 | 19.1% | -15.7% |
| 2003 | 18.9% | -0.8% |
| 2004 | 20.6% | +8.8% |
| 2005 | 19.6% | -4.6% |
| 2006 | 18.7% | -4.8% |
| 2007 | 19.1% | +2.2% |
| 2008 | 20.5% | +7.0% |
| 2009 | 21.0% | +2.5% |
| 2010 | 20.2% | -3.7% |
| 2011 | 21.8% | +8.2% |
| 2012 | 26.2% | +19.8% |
| 2013 | 23.3% | -11.0% |
| 2014 | 21.6% | -7.3% |
| 2015 | 22.6% | +4.7% |
| 2016 | 23.9% | +5.7% |
| 2017 | 21.3% | -10.9% |
| 2018 | 19.8% | -6.7% |
Uganda compared with similar countries
- Uganda's 19.8% is above the median for low income countries, which is 16.0%, 1.2× the median. (19 countries reporting)
- Uganda's 19.8% is above the median for Sub-Saharan Africa, which is 12.4%, 1.6× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 24.4% | 12.0% | 40.0% | 10 |
| 1990s | 26.4% | 20.2% | 39.1% | 9 |
| 2000s | 20.3% | 18.7% | 22.9% | 10 |
| 2010s | 22.3% | 19.8% | 26.2% | 9 |
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 lending interest rate in Uganda?
- Lending interest rate in Uganda was 19.8% in 2018, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest lending interest rate recorded in Uganda?
- The highest recorded value was 40.0% in 1989.
- What is the lowest lending interest rate recorded in Uganda?
- The lowest recorded value was 12.0% in 1980.
- How does Uganda rank for lending interest rate?
- Uganda ranks 16th out of 149 countries with data for 2018.
- Is lending interest rate rising or falling in Uganda?
- Over the last ten years it is down 3.0%. The long-run trend across the full record is falling.
- Where does this Uganda data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Lending interest rate (%). Statizoid updates them automatically from the source API.
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About this data
Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.