Number of Deposit Accounts, Commercial Banks, of Which: Household in Uganda

Uganda: Number of Deposit Accounts, Commercial Banks, of Which: Household was 21.19 million in 2024. ◆ Volatile

Latest (2024)
21.19 million
Change on year
up 24.1%
World rank
28th
of 94 countries
All-time high
21.19 million
in 2024
All-time low
3.57 million
in 2013
Years of data
12
2013–2024

Number of Deposit Accounts, Commercial Banks, of Which: Household in Uganda, 2013–2024

5.0M10.0M15.0M20.0M2013201820242013: 3.6M2014: 3.9M2015: 4.4M2016: 5.3M2017: 7.8M2018: 10.0M2019: 12.4M2020: 14.4M2021: 13.6M2022: 15.9M2023: 17.1M2024: 21.2M

Source: International Monetary Fund.

Analysis

In 2024, number of deposit accounts, commercial banks, of which: household in Uganda stood at 21.19 million. That is the highest value across all 12 years on record.

Compared with earlier readings it is up 24.1% on the previous year and up 450.4% over ten years.

Over the whole period, number of deposit accounts, commercial banks, of which: household in Uganda peaked at 21.19 million in 2024 and was at its lowest, 3.57 million, in 2013.

That places Uganda 28th out of 94 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Number of Deposit Accounts, Commercial Banks, of Which: Household in Uganda, year by year

Annual values for Number of Deposit Accounts, Commercial Banks, of Which: Household Sector Deposit Accounts in Uganda, 2013 to 2024.
Year Value Change
2013 3.57 million
2014 3.85 million +7.8%
2015 4.45 million +15.5%
2016 5.27 million +18.5%
2017 7.84 million +48.7%
2018 9.96 million +27.1%
2019 12.38 million +24.3%
2020 14.36 million +16.0%
2021 13.65 million -4.9%
2022 15.87 million +16.3%
2023 17.08 million +7.6%
2024 21.19 million +24.1%

Uganda compared with similar countries

  • Uganda's 21.19 million is above the median for low income countries, which is 711,898, 29.8× the median. (8 countries reporting)
  • Uganda's 21.19 million is above the median for Sub-Saharan Africa, which is 786,037, 27.0× the median. (21 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 6.76 million 3.57 million 12.38 million 7
2020s 16.43 million 13.65 million 21.19 million 5

Countries ranked near Uganda

  1. 25 Morocco 28.24 million compare
  2. 26 Belgium 26.98 million compare
  3. 27 Cambodia 21.46 million compare
  4. 29 Netherlands 20.72 million compare
  5. 30 Guatemala 20.37 million compare
  6. 31 Madagascar 17.20 million compare

See the full ranking of 94 places →

More financial sector data for Uganda

All data for Uganda →

Frequently asked questions

What is number of deposit accounts, commercial banks, of which: household in Uganda?
Number of deposit accounts, commercial banks, of which: household in Uganda was 21.19 million in 2024, according to International Monetary Fund.
What is the highest number of deposit accounts, commercial banks, of which: household recorded in Uganda?
The highest recorded value was 21.19 million in 2024.
What is the lowest number of deposit accounts, commercial banks, of which: household recorded in Uganda?
The lowest recorded value was 3.57 million in 2013.
How does Uganda rank for number of deposit accounts, commercial banks, of which: household?
Uganda ranks 28th out of 94 countries with data for 2024.
Is number of deposit accounts, commercial banks, of which: household rising or falling in Uganda?
Over the last ten years it is up 450.4%. The long-run trend across the full record is volatile.
Where does this Uganda data come from?
The figures come from International Monetary Fund, published as part of Number of Deposit Accounts, Commercial Banks, of Which: Household Sector Deposit Accounts. Statizoid updates them automatically from the source API.

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Number of Deposit Accounts, Commercial Banks, of Which: Household in Uganda. Statizoid, drawing on International Monetary Fund. Retrieved 23 September 2026, from https://financial-sector.statizoid.com/stat/number-of-deposit-accounts-commercial-banks-of-which-household-sector-deposit-accounts/uganda/

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About this data

Indicator
Number of Deposit Accounts, Commercial Banks, of Which: Household Sector Deposit Accounts
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
94 places, 1,382 data points, 2004–2025
Last refreshed

Gender-disaggregated data on access to and use of financial services.