Services balance (credit less debit), Net (credits less debits) in Uganda
Uganda: Services balance (credit less debit), Net (credits less debits) was -1.99 billion in 2024. ◆ Volatile
Services balance (credit less debit), Net (credits less debits) in Uganda, 2005–2024
Source: International Monetary Fund.
Analysis
Uganda recorded -1.99 billion for services balance (credit less debit), net (credits less debits) in 2024. That is the lowest value across all 20 years on record.
Compared with earlier readings it is down 30.2% on the previous year and down 302.2% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Uganda peaked at -82.68 million in 2005 and was at its lowest, -1.99 billion, in 2024.
That places Uganda 151st out of 197 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -282.13 million | -425.31 million | -82.68 million | 5 |
| 2010s | -440.83 million | -868.87 million | -103.39 million | 10 |
| 2020s | -1.62 billion | -1.99 billion | -1.29 billion | 5 |
Countries ranked near Uganda
More financial sector data for Uganda
- Net domestic credit (current LCU), per capita 977,433 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 810.27 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 4.35 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 0 SDR (2024)
- Gold reserves at market value 0 SDR (2024)
- Reserves excluding gold, foreign exchange 2.53 billion SDR (2024)
- Reserves excluding gold 2.67 billion SDR (2024)
- Total reserves (gold at market value) 2.67 billion SDR (2024)
- Total reserves (gold at national valuation) 2.67 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 53.4 SDR per person (2024)
Frequently asked questions
- What is services balance (credit less debit), net (credits less debits) in Uganda?
- Services balance (credit less debit), net (credits less debits) in Uganda was -1.99 billion in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Uganda?
- The highest recorded value was -82.68 million in 2005.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Uganda?
- The lowest recorded value was -1.99 billion in 2024.
- How does Uganda rank for services balance (credit less debit), net (credits less debits)?
- Uganda ranks 151st out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Uganda?
- Over the last ten years it is down 302.2%. 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 Services 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.