Interest payments in Uganda
Uganda: Interest payments was 19.5% in 2023. ▲ Rising
Interest payments in Uganda, 2015–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2023, interest payments in Uganda stood at 19.5%. That is the highest value across all 9 years on record.
Compared with earlier readings it is up 8.2% on the previous year and up 58.2% over ten years.
Over the whole period, interest payments in Uganda peaked at 19.5% in 2023 and was at its lowest, 12.3%, in 2015.
That places Uganda 14th out of 152 countries with data for 2023, putting it in the top 10%.
Interest payments in Uganda, year by year
| Year | % of expense | Change |
|---|---|---|
| 2015 | 12.3% | — |
| 2016 | 14.8% | +20.1% |
| 2017 | 19.3% | +30.6% |
| 2018 | 15.9% | -17.9% |
| 2019 | 14.1% | -10.8% |
| 2020 | 15.4% | +8.5% |
| 2021 | 17.5% | +14.2% |
| 2022 | 18.0% | +2.7% |
| 2023 | 19.5% | +8.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 15.3% | 12.3% | 19.3% | 5 |
| 2020s | 17.6% | 15.4% | 19.5% | 4 |
Countries ranked near Uganda
More public sector data for Uganda
- Arms imports 16.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 0.3288 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate -75.38 % change on previous year (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 16.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 22.33 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0207 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 14.34 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 1.12 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 79.79 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is interest payments in Uganda?
- Interest payments in Uganda was 19.5% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Uganda?
- The highest recorded value was 19.5% in 2023.
- What is the lowest interest payments recorded in Uganda?
- The lowest recorded value was 12.3% in 2015.
- How does Uganda rank for interest payments?
- Uganda ranks 14th out of 152 countries with data for 2023.
- Is interest payments rising or falling in Uganda?
- Over the last ten years it is up 58.2%. The long-run trend across the full record is rising.
- Where does this Uganda data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (% of expense). Statizoid updates them automatically from the source API.
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CSV · JSON — 9 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.