Net incurrence of liabilities, total in Uganda
Uganda: Net incurrence of liabilities, total was 3.8% in 2024. ▲ Rising
Net incurrence of liabilities, total in Uganda, 2015–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Uganda recorded 3.8% for net incurrence of liabilities, total in 2024.
That represents a change of down 32.5% on the previous year and up 48.8% over ten years.
Over the whole period, net incurrence of liabilities, total in Uganda peaked at 9.2% in 2021 and was at its lowest, 2.6%, in 2015.
Uganda ranks 61st of 136 countries on this measure, in the middle of the range.
Net incurrence of liabilities, total in Uganda, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2015 | 2.6% | — |
| 2016 | 4.1% | +58.9% |
| 2017 | 3.1% | -24.1% |
| 2018 | 3.1% | -1.5% |
| 2019 | 3.2% | +4.6% |
| 2020 | 6.2% | +92.9% |
| 2021 | 9.2% | +49.9% |
| 2022 | 5.0% | -46.0% |
| 2023 | 5.7% | +13.7% |
| 2024 | 3.8% | -32.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.2% | 2.6% | 4.1% | 5 |
| 2020s | 6.0% | 3.8% | 9.2% | 5 |
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 net incurrence of liabilities, total in Uganda?
- Net incurrence of liabilities, total in Uganda was 3.8% 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 9.2% in 2021.
- What is the lowest net incurrence of liabilities, total recorded in Uganda?
- The lowest recorded value was 2.6% in 2015.
- How does Uganda rank for net incurrence of liabilities, total?
- Uganda ranks 61st 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 48.8%. 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 Net incurrence of liabilities, total (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.