Net incurrence of liabilities, total (current LCU) in Uganda
Uganda: Net incurrence of liabilities, total (current LCU) was 7.80 trillion current LCU in 2024. ◆ Volatile
Net incurrence of liabilities, total in Uganda, 2015–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Uganda recorded 7.80 trillion current LCU for net incurrence of liabilities, total in 2024.
That represents a change of down 24.9% on the previous year and up 231.1% over ten years.
Over the whole period, net incurrence of liabilities, total in Uganda peaked at 13.71 trillion current LCU in 2021 and was at its lowest, 2.36 trillion current LCU, in 2015.
That places Uganda 10th out of 136 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net incurrence of liabilities, total (current LCU) in Uganda, year by year
| Year | current LCU | Change |
|---|---|---|
| 2015 | 2.36 trillion current LCU | — |
| 2016 | 4.11 trillion current LCU | +74.4% |
| 2017 | 3.37 trillion current LCU | -18.1% |
| 2018 | 3.68 trillion current LCU | +9.3% |
| 2019 | 4.22 trillion current LCU | +14.6% |
| 2020 | 8.61 trillion current LCU | +104.0% |
| 2021 | 13.71 trillion current LCU | +59.2% |
| 2022 | 8.12 trillion current LCU | -40.8% |
| 2023 | 10.38 trillion current LCU | +27.9% |
| 2024 | 7.80 trillion current LCU | -24.9% |
Uganda compared with similar countries
- Uganda's 7.80 trillion current LCU is above the median for low income countries, which is 386.99 billion current LCU, 20.2× the median. (14 countries reporting)
- Uganda's 7.80 trillion current LCU is above the median for Sub-Saharan Africa, which is 126.91 billion current LCU, 61.5× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.55 trillion current LCU | 2.36 trillion current LCU | 4.22 trillion current LCU | 5 |
| 2020s | 9.72 trillion current LCU | 7.80 trillion current LCU | 13.71 trillion current LCU | 5 |
Countries ranked near Uganda
More public sector data for Uganda
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Frequently asked questions
- What is net incurrence of liabilities, total in Uganda?
- Net incurrence of liabilities, total in Uganda was 7.80 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Uganda?
- The highest recorded value was 13.71 trillion current LCU in 2021.
- What is the lowest net incurrence of liabilities, total recorded in Uganda?
- The lowest recorded value was 2.36 trillion current LCU in 2015.
- How does Uganda rank for net incurrence of liabilities, total?
- Uganda ranks 10th out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Uganda?
- Over the last ten years it is up 231.1%. The long-run trend across the full record is volatile.
- 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 Net incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.