Private credit by deposit money banks to GDP in Uganda
Uganda: Private credit by deposit money banks to GDP was 13.3% in 2021. ▲ Rising
Private credit by deposit money banks to GDP in Uganda, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, private credit by deposit money banks to gdp in Uganda stood at 13.3%.
That represents a change of down 0.1% on the previous year and up 9.1% over ten years.
Over the whole period, private credit by deposit money banks to gdp in Uganda peaked at 19.3% in 2008 and was at its lowest, 2.6%, in 1984.
Uganda ranks 164th of 187 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 62 years of available data.
Private credit by deposit money banks to GDP in Uganda, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 6.5% | — |
| 1961 | 6.4% | -0.9% |
| 1962 | 7.4% | +15.8% |
| 1963 | 7.1% | -4.5% |
| 1964 | 7.7% | +8.0% |
| 1965 | 8.0% | +4.5% |
| 1966 | 8.8% | +10.3% |
| 1967 | 8.7% | -1.5% |
| 1968 | 9.0% | +3.9% |
| 1969 | 9.9% | +9.7% |
| 1970 | 9.4% | -4.7% |
| 1971 | 8.6% | -8.5% |
| 1972 | 8.8% | +2.1% |
| 1973 | 9.4% | +7.0% |
| 1974 | 10.1% | +6.8% |
| 1975 | 7.7% | -23.9% |
| 1976 | 7.1% | -7.8% |
| 1977 | 4.6% | -34.4% |
| 1978 | 4.5% | -3.3% |
| 1979 | 3.1% | -31.1% |
| 1980 | 3.9% | +27.3% |
| 1981 | 4.0% | +1.9% |
| 1982 | 3.0% | -26.1% |
| 1983 | 3.2% | +7.5% |
| 1984 | 2.6% | -17.0% |
| 1985 | 3.4% | +28.6% |
| 1986 | 2.9% | -14.7% |
| 1987 | 2.8% | -3.2% |
| 1988 | 2.8% | -1.0% |
| 1989 | 3.3% | +19.0% |
| 1990 | 3.6% | +8.4% |
| 1991 | 3.5% | -1.7% |
| 1992 | 3.8% | +8.5% |
| 1993 | 4.3% | +12.7% |
| 1994 | 4.3% | +0.5% |
| 1995 | 4.6% | +5.7% |
| 1996 | 5.3% | +15.3% |
| 1997 | 4.8% | -8.6% |
| 1998 | 5.6% | +16.3% |
| 1999 | 6.0% | +7.3% |
| 2000 | 5.7% | -5.7% |
| 2001 | 6.6% | +16.7% |
| 2002 | 7.7% | +16.3% |
| 2003 | 8.3% | +7.4% |
| 2004 | 7.6% | -8.0% |
| 2005 | 8.5% | +11.3% |
| 2006 | 10.0% | +17.7% |
| 2007 | 10.1% | +1.3% |
| 2008 | 19.3% | +91.0% |
| 2009 | 9.6% | -50.4% |
| 2010 | 10.1% | +5.6% |
| 2011 | 12.2% | +20.8% |
| 2012 | 11.0% | -10.1% |
| 2013 | 15.3% | +39.4% |
| 2014 | 10.6% | -30.4% |
| 2015 | 12.3% | +16.0% |
| 2016 | 12.0% | -2.4% |
| 2017 | 11.8% | -2.1% |
| 2018 | 12.1% | +2.5% |
| 2019 | 12.2% | +1.1% |
| 2020 | 13.3% | +9.0% |
| 2021 | 13.3% | -0.1% |
Uganda compared with similar countries
- Uganda's 13.3% is above the median for low income countries, which is 13.3%, 1.0× the median. (23 countries reporting)
- Uganda's 13.3% is below the median for Sub-Saharan Africa, which is 15.4%, 87% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Private credit by deposit money banks to GDP in Uganda changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +91.0% | 10.1% | 19.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.9% | 6.4% | 9.9% | 10 |
| 1970s | 7.3% | 3.1% | 10.1% | 10 |
| 1980s | 3.2% | 2.6% | 4.0% | 10 |
| 1990s | 4.6% | 3.5% | 6.0% | 10 |
| 2000s | 9.3% | 5.7% | 19.3% | 10 |
| 2010s | 12.0% | 10.1% | 15.3% | 10 |
| 2020s | 13.3% | 13.3% | 13.3% | 2 |
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 private credit by deposit money banks to gdp in Uganda?
- Private credit by deposit money banks to gdp in Uganda was 13.3% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks to gdp recorded in Uganda?
- The highest recorded value was 19.3% in 2008.
- What is the lowest private credit by deposit money banks to gdp recorded in Uganda?
- The lowest recorded value was 2.6% in 1984.
- How does Uganda rank for private credit by deposit money banks to gdp?
- Uganda ranks 164th out of 187 countries with data for 2021.
- Is private credit by deposit money banks to gdp rising or falling in Uganda?
- Over the last ten years it is up 9.1%. The long-run trend across the full record is rising.
- Where does this Uganda data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).