Number of Depositors, Commercial Banks, of Which: Household Sector in Uganda

Uganda: Number of Depositors, Commercial Banks, of Which: Household Sector was 21.11 million in 2024. ◆ Volatile

Latest (2024)
21.11 million
Change on year
up 33.0%
World rank
15th
of 72 countries
All-time high
21.11 million
in 2024
All-time low
3.50 million
in 2013
Years of data
12
2013–2024

Number of Depositors, Commercial Banks, of Which: Household Sector in Uganda, 2013–2024

5.0M10.0M15.0M20.0M2013201820242013: 3.5M2014: 3.7M2015: 4.0M2016: 5.1M2017: 7.6M2018: 6.3M2019: 6.6M2020: 12.2M2021: 13.6M2022: 15.6M2023: 15.9M2024: 21.1M

Source: International Monetary Fund.

Analysis

Uganda recorded 21.11 million for number of depositors, commercial banks, of which: household sector in 2024. That is the highest value across all 12 years on record.

The figure is up 33.0% on the previous year and up 467.0% over ten years.

Over the whole period, number of depositors, commercial banks, of which: household sector in Uganda peaked at 21.11 million in 2024 and was at its lowest, 3.50 million, in 2013.

Uganda ranks 15th of 72 countries on this measure, in the top quarter.

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

Number of Depositors, Commercial Banks, of Which: Household Sector in Uganda, year by year

Annual values for Number of Depositors, Commercial Banks, of Which: Household Sector Depositors in Uganda, 2013 to 2024.
Year Value Change
2013 3.50 million
2014 3.72 million +6.2%
2015 3.98 million +7.0%
2016 5.07 million +27.3%
2017 7.61 million +50.0%
2018 6.30 million -17.2%
2019 6.57 million +4.3%
2020 12.24 million +86.3%
2021 13.57 million +10.8%
2022 15.57 million +14.8%
2023 15.87 million +1.9%
2024 21.11 million +33.0%

Uganda compared with similar countries

  • Uganda's 21.11 million is above the median for low income countries, which is 830,100, 25.4× the median. (11 countries reporting)
  • Uganda's 21.11 million is above the median for Sub-Saharan Africa, which is 970,883, 21.7× the median. (28 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 5.25 million 3.50 million 7.61 million 7
2020s 15.67 million 12.24 million 21.11 million 5

Countries ranked near Uganda

  1. 12 Italy 38.07 million compare
  2. 13 Argentina 35.39 million compare
  3. 14 Uzbekistan 22.16 million
  4. 16 Malaysia 19.05 million compare
  5. 17 Azerbaijan 15.40 million compare
  6. 18 Myanmar 14.04 million compare

See the full ranking of 72 places →

More financial sector data for Uganda

All data for Uganda →

Frequently asked questions

What is number of depositors, commercial banks, of which: household sector in Uganda?
Number of depositors, commercial banks, of which: household sector in Uganda was 21.11 million in 2024, according to International Monetary Fund.
What is the highest number of depositors, commercial banks, of which: household sector recorded in Uganda?
The highest recorded value was 21.11 million in 2024.
What is the lowest number of depositors, commercial banks, of which: household sector recorded in Uganda?
The lowest recorded value was 3.50 million in 2013.
How does Uganda rank for number of depositors, commercial banks, of which: household sector?
Uganda ranks 15th out of 72 countries with data for 2024.
Is number of depositors, commercial banks, of which: household sector rising or falling in Uganda?
Over the last ten years it is up 467.0%. 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 Depositors, Commercial Banks, of Which: Household Sector Depositors. Statizoid updates them automatically from the source API.

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

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About this data

Indicator
Number of Depositors, Commercial Banks, of Which: Household Sector Depositors
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
72 places, 1,012 data points, 2004–2025
Last refreshed

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