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Short-term debt in Uganda

Uganda: Short-term debt was 4.6% in 2024. ◆ Volatile

Latest (2024)
4.6%
Change on year
down 14.6%
World rank
86th
of 119 countries
All-time high
88.0%
in 1991
All-time low
0.5%
in 2012
Years of data
38
1980–2024

Short-term debt in Uganda, 1980–2024

0204060801980200220241980: 19 % of exports of goods, services and primary income1981: 11.2 % of exports of goods, services and primary income1985: 10.9 % of exports of goods, services and primary income1986: 14.8 % of exports of goods, services and primary income1991: 88 % of exports of goods, services and primary income1992: 83.7 % of exports of goods, services and primary income1993: 34.9 % of exports of goods, services and primary income1994: 23.8 % of exports of goods, services and primary income1995: 15 % of exports of goods, services and primary income1996: 14.2 % of exports of goods, services and primary income1997: 15.4 % of exports of goods, services and primary income1998: 19.4 % of exports of goods, services and primary income1999: 18.4 % of exports of goods, services and primary income2000: 18.1 % of exports of goods, services and primary income2001: 20.9 % of exports of goods, services and primary income2002: 21.8 % of exports of goods, services and primary income2003: 17.2 % of exports of goods, services and primary income2004: 11.5 % of exports of goods, services and primary income2005: 4.9 % of exports of goods, services and primary income2006: 8.2 % of exports of goods, services and primary income2007: 1 % of exports of goods, services and primary income2008: 14.5 % of exports of goods, services and primary income2009: 6.9 % of exports of goods, services and primary income2010: 0.743 % of exports of goods, services and primary income2011: 0.608 % of exports of goods, services and primary income2012: 0.523 % of exports of goods, services and primary income2013: 9.4 % of exports of goods, services and primary income2014: 10.8 % of exports of goods, services and primary income2015: 11.6 % of exports of goods, services and primary income2016: 10.3 % of exports of goods, services and primary income2017: 9.2 % of exports of goods, services and primary income2018: 8.5 % of exports of goods, services and primary income2019: 15.3 % of exports of goods, services and primary income2020: 21 % of exports of goods, services and primary income2021: 28.3 % of exports of goods, services and primary income2022: 28 % of exports of goods, services and primary income2023: 5.4 % of exports of goods, services and primary income2024: 4.6 % of exports of goods, services and primary income

Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.

Analysis

Uganda recorded 4.6% for short-term debt in 2024.

That represents a change of down 14.6% on the previous year and down 57.7% over ten years.

Over the whole period, short-term debt in Uganda peaked at 88.0% in 1991 and was at its lowest, 0.5%, in 2012.

Uganda ranks 86th of 119 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Short-term debt in Uganda, year by year

Year % of exports of goods, services and primary income Change
1980 19.0% —
1981 11.2% -40.8%
1985 10.9% -3.0%
1986 14.8% +35.2%
1991 88.0% +496.4%
1992 83.7% -4.9%
1993 34.9% -58.4%
1994 23.8% -31.8%
1995 15.0% -36.8%
1996 14.2% -5.3%
1997 15.4% +8.4%
1998 19.4% +25.5%
1999 18.4% -4.8%
2000 18.1% -1.9%
2001 20.9% +15.8%
2002 21.8% +4.2%
2003 17.2% -21.3%
2004 11.5% -32.8%
2005 4.9% -57.1%
2006 8.2% +66.8%
2007 1.0% -87.3%
2008 14.5% +1279.6%
2009 6.9% -52.1%
2010 0.7% -89.3%
2011 0.6% -18.2%
2012 0.5% -13.9%
2013 9.4% +1690.3%
2014 10.8% +15.3%
2015 11.6% +7.8%
2016 10.3% -11.3%
2017 9.2% -10.8%
2018 8.5% -7.5%
2019 15.3% +79.3%
2020 21.0% +37.7%
2021 28.3% +34.8%
2022 28.0% -1.0%
2023 5.4% -80.9%
2024 4.6% -14.6%

Uganda compared with similar countries

  • Uganda's 4.6% is below the median for low income countries, which is 4.9%, 94% of the median. (21 countries reporting)
  • Uganda's 4.6% is below the median for Sub-Saharan Africa, which is 9.1%, 50% of the median. (43 countries reporting)

Biggest year-on-year movements

Years where Short-term debt in Uganda changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2013 +1690.3% 0.5% 9.4%
2008 +1279.6% 1.0% 14.5%
1991 +496.4% 14.8% 88.0%

Averages by decade

DecadeAverage LowestHighest Years
1980s 14.0% 10.9% 19.0% 4
1990s 34.8% 14.2% 88.0% 9
2000s 12.5% 1.0% 21.8% 10
2010s 7.7% 0.5% 15.3% 10
2020s 17.5% 4.6% 28.3% 5

Countries ranked near Uganda

  1. 83 Montenegro 5.7% compare
  2. 84 Mauritania 5.0% compare
  3. 85 Malawi 4.9% compare
  4. 87 Saint Lucia 4.5% compare
  5. 88 Solomon Islands 4.1% compare
  6. 89 Gabon 3.8% compare

See the full ranking of 151 places →

More economy & growth data for Uganda

All data for Uganda →

Frequently asked questions

What is short-term debt in Uganda?
Short-term debt in Uganda was 4.6% in 2024, according to International Debt Statistics, World Bank (WB).
What is the highest short-term debt recorded in Uganda?
The highest recorded value was 88.0% in 1991.
What is the lowest short-term debt recorded in Uganda?
The lowest recorded value was 0.5% in 2012.
How does Uganda rank for short-term debt?
Uganda ranks 86th out of 119 countries with data for 2024.
Is short-term debt rising or falling in Uganda?
Over the last ten years it is down 57.7%. The long-run trend across the full record is volatile.
Where does this Uganda data come from?
The figures come from International Debt Statistics, World Bank (WB), published as part of Short-term debt (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.

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Short-term debt in Uganda. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/short-term-debt-percent-of-exports-of-goods-services-and-primary-income/uganda/

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About this data

Indicator
Short-term debt (% of exports of goods, services and primary income)
Unit
% of exports of goods, services and primary income
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
151 places, 5,838 data points, 1970–2024
Last refreshed

Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.