Number of Borrowers, Commercial Banks, of Which: Household Sector in Uganda
Uganda: Number of Borrowers, Commercial Banks, of Which: Household Sector was 1.68 million in 2024. ▲ Rising
Number of Borrowers, Commercial Banks, of Which: Household Sector in Uganda, 2013–2024
Source: International Monetary Fund.
Analysis
The most recent figure for number of borrowers, commercial banks, of which: household sector in Uganda is 1.68 million, measured in 2024. That is the highest value across all 12 years on record.
The figure is up 52.0% on the previous year and up 335.5% over ten years.
Over the whole period, number of borrowers, commercial banks, of which: household sector in Uganda peaked at 1.68 million in 2024 and was at its lowest, 346,026, in 2013.
That places Uganda 39th out of 89 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 12 years of available data.
Number of Borrowers, Commercial Banks, of Which: Household Sector in Uganda, year by year
| Year | Value | Change |
|---|---|---|
| 2013 | 346,026 | — |
| 2014 | 386,273 | +11.6% |
| 2015 | 476,072 | +23.2% |
| 2016 | 662,542 | +39.2% |
| 2017 | 657,834 | -0.7% |
| 2018 | 1.56 million | +137.6% |
| 2019 | 1.65 million | +5.6% |
| 2020 | 1.44 million | -12.6% |
| 2021 | 1.02 million | -29.2% |
| 2022 | 1.16 million | +13.7% |
| 2023 | 1.11 million | -4.7% |
| 2024 | 1.68 million | +52.0% |
Uganda compared with similar countries
- Uganda's 1.68 million is above the median for low income countries, which is 64,096, 26.2× the median. (7 countries reporting)
- Uganda's 1.68 million is above the median for Sub-Saharan Africa, which is 198,132, 8.5× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 820,197 | 346,026 | 1.65 million | 7 |
| 2020s | 1.28 million | 1.02 million | 1.68 million | 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 number of borrowers, commercial banks, of which: household sector in Uganda?
- Number of borrowers, commercial banks, of which: household sector in Uganda was 1.68 million in 2024, according to International Monetary Fund.
- What is the highest number of borrowers, commercial banks, of which: household sector recorded in Uganda?
- The highest recorded value was 1.68 million in 2024.
- What is the lowest number of borrowers, commercial banks, of which: household sector recorded in Uganda?
- The lowest recorded value was 346,026 in 2013.
- How does Uganda rank for number of borrowers, commercial banks, of which: household sector?
- Uganda ranks 39th out of 89 countries with data for 2024.
- Is number of borrowers, commercial banks, of which: household sector rising or falling in Uganda?
- Over the last ten years it is up 335.5%. The long-run trend across the full record is rising.
- Where does this Uganda data come from?
- The figures come from International Monetary Fund, published as part of Number of Borrowers, Commercial Banks, of Which: Household Sector Borrowers. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.