Net lending (+) / net borrowing (-) in Uganda
Uganda: Net lending (+) / net borrowing (-) was -4.3% in 2024. ▼ Falling
Net lending (+) / net borrowing (-) in Uganda, 2015–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for net lending (+) / net borrowing (-) in Uganda is -4.3%, measured in 2024.
Compared with earlier readings it is up 12.5% on the previous year and down 104.6% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Uganda peaked at -2.1% in 2015 and was at its lowest, -7.9%, in 2021.
That places Uganda 115th out of 156 countries with data for 2024, putting it in the middle of the range.
Net lending (+) / net borrowing (-) in Uganda, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2015 | -2.1% | — |
| 2016 | -2.2% | +5.9% |
| 2017 | -2.5% | +9.7% |
| 2018 | -2.7% | +8.6% |
| 2019 | -3.4% | +29.3% |
| 2020 | -6.1% | +78.1% |
| 2021 | -7.9% | +29.2% |
| 2022 | -6.7% | -15.0% |
| 2023 | -4.9% | -26.7% |
| 2024 | -4.3% | -12.5% |
Uganda compared with similar countries
- Uganda's -4.3% is below the median for low income countries, which is -3.7%, 1.2× the median. (16 countries reporting)
- Uganda's -4.3% is below the median for Sub-Saharan Africa, which is -3.8%, 1.1× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -2.6% | -3.4% | -2.1% | 5 |
| 2020s | -6.0% | -7.9% | -4.3% | 5 |
Countries ranked near Uganda
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Frequently asked questions
- What is net lending (+) / net borrowing (-) in Uganda?
- Net lending (+) / net borrowing (-) in Uganda was -4.3% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Uganda?
- The highest recorded value was -2.1% in 2015.
- What is the lowest net lending (+) / net borrowing (-) recorded in Uganda?
- The lowest recorded value was -7.9% in 2021.
- How does Uganda rank for net lending (+) / net borrowing (-)?
- Uganda ranks 115th out of 156 countries with data for 2024.
- Is net lending (+) / net borrowing (-) rising or falling in Uganda?
- Over the last ten years it is down 104.6%. The long-run trend across the full record is falling.
- 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 lending (+) / net borrowing (-) (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. 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.