Secondary income balance (credit less debit), Net (credits less) in Uganda
Uganda: Secondary income balance (credit less debit), Net (credits less) was 1.91 billion in 2024. ▲ Rising
Secondary income balance (credit less debit), Net (credits less) in Uganda, 2005–2024
Source: International Monetary Fund.
Analysis
Uganda recorded 1.91 billion for secondary income balance (credit less debit), net (credits less) in 2024.
Compared with earlier readings it is down 7.4% on the previous year and up 51.1% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in Uganda peaked at 2.07 billion in 2023 and was at its lowest, 1.10 billion, in 2005.
Uganda ranks 52nd of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Secondary income balance (credit less debit), Net (credits less) in Uganda, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 1.10 billion | — |
| 2006 | 1.17 billion | +6.6% |
| 2007 | 1.18 billion | +0.3% |
| 2008 | 1.29 billion | +9.4% |
| 2009 | 1.19 billion | -7.3% |
| 2010 | 1.36 billion | +14.2% |
| 2011 | 1.48 billion | +8.3% |
| 2012 | 1.61 billion | +9.2% |
| 2013 | 1.26 billion | -22.0% |
| 2014 | 1.27 billion | +0.8% |
| 2015 | 1.37 billion | +8.0% |
| 2016 | 1.48 billion | +8.5% |
| 2017 | 1.49 billion | +0.5% |
| 2018 | 1.67 billion | +12.1% |
| 2019 | 1.85 billion | +10.4% |
| 2020 | 1.74 billion | -5.8% |
| 2021 | 1.79 billion | +3.0% |
| 2022 | 1.94 billion | +8.1% |
| 2023 | 2.07 billion | +6.7% |
| 2024 | 1.91 billion | -7.4% |
Uganda compared with similar countries
- Uganda's 1.91 billion is above the median for low income countries, which is 930.01 million, 2.1× the median. (20 countries reporting)
- Uganda's 1.91 billion is above the median for Sub-Saharan Africa, which is 679.29 million, 2.8× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.19 billion | 1.10 billion | 1.29 billion | 5 |
| 2010s | 1.48 billion | 1.26 billion | 1.85 billion | 10 |
| 2020s | 1.89 billion | 1.74 billion | 2.07 billion | 5 |
Countries ranked near Uganda
- 49 Afghanistan 2.18 billion compare
- 50 Kyrgyzstan 2.12 billion compare
- 51 Botswana 2.06 billion compare
- 53 Croatia 1.86 billion compare
- 54 Algeria 1.73 billion compare
- 55 Tajikistan 1.72 billion compare
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 secondary income balance (credit less debit), net (credits less) in Uganda?
- Secondary income balance (credit less debit), net (credits less) in Uganda was 1.91 billion in 2024, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in Uganda?
- The highest recorded value was 2.07 billion in 2023.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Uganda?
- The lowest recorded value was 1.10 billion in 2005.
- How does Uganda rank for secondary income balance (credit less debit), net (credits less)?
- Uganda ranks 52nd out of 197 countries with data for 2024.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in Uganda?
- Over the last ten years it is up 51.1%. 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 Secondary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.