Short-term debt in Uganda
Uganda: Short-term debt was 14.9% in 2024. ◆ Volatile
Latest (2024)
14.9%
Change on year
up 20.9%
World rank
75th
of 111 countries
All-time high
2,093.5%
in 1980
All-time low
0.0%
in 1970
Years of data
55
1970–2024
Short-term debt in Uganda, 1970–2024
Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.
Analysis
In 2024, short-term debt in Uganda stood at 14.9%.
That represents a change of up 20.9% on the previous year and down 7.3% over ten years.
Over the whole period, short-term debt in Uganda peaked at 2,093.5% in 1980 and was at its lowest, 0.0%, in 1970.
That places Uganda 75th out of 111 countries with data for 2024, putting it 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 total reserves | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 0.1% | +123.8% |
| 1972 | 0.5% | +480.4% |
| 1973 | 0.7% | +42.2% |
| 1974 | 2.0% | +184.1% |
| 1975 | 4.0% | +99.1% |
| 1976 | 5.4% | +35.4% |
| 1977 | 7.9% | +46.3% |
| 1978 | 16.3% | +106.3% |
| 1979 | 192.1% | +1080.2% |
| 1980 | 2,093.5% | +989.5% |
| 1981 | 102.6% | -95.1% |
| 1982 | 50.4% | -50.9% |
| 1983 | 25.9% | -48.6% |
| 1984 | 57.7% | +122.9% |
| 1985 | 148.9% | +158.1% |
| 1986 | 212.9% | +43.0% |
| 1987 | 111.8% | -47.5% |
| 1988 | 165.5% | +48.0% |
| 1989 | 778.0% | +370.2% |
| 1990 | 332.8% | -57.2% |
| 1991 | 293.9% | -11.7% |
| 1992 | 168.2% | -42.8% |
| 1993 | 71.4% | -57.5% |
| 1994 | 40.0% | -44.0% |
| 1995 | 22.3% | -44.2% |
| 1996 | 21.9% | -1.8% |
| 1997 | 19.4% | -11.3% |
| 1998 | 19.7% | +1.3% |
| 1999 | 17.3% | -12.3% |
| 2000 | 16.0% | -7.2% |
| 2001 | 15.4% | -4.1% |
| 2002 | 17.0% | +10.5% |
| 2003 | 13.7% | -19.3% |
| 2004 | 10.3% | -24.7% |
| 2005 | 5.9% | -43.2% |
| 2006 | 8.2% | +39.7% |
| 2007 | 1.0% | -87.4% |
| 2008 | 19.9% | +1827.2% |
| 2009 | 7.9% | -60.6% |
| 2010 | 1.0% | -87.7% |
| 2011 | 1.0% | +3.4% |
| 2012 | 0.8% | -17.4% |
| 2013 | 14.1% | +1598.9% |
| 2014 | 16.1% | +14.2% |
| 2015 | 19.1% | +18.6% |
| 2016 | 16.2% | -15.0% |
| 2017 | 12.7% | -21.5% |
| 2018 | 15.7% | +23.8% |
| 2019 | 29.3% | +86.2% |
| 2020 | 30.4% | +3.9% |
| 2021 | 36.3% | +19.3% |
| 2022 | 42.2% | +16.3% |
| 2023 | 12.3% | -70.8% |
| 2024 | 14.9% | +20.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.9% | 0.0% | 192.1% | 10 |
| 1980s | 374.7% | 25.9% | 2,093.5% | 10 |
| 1990s | 100.7% | 17.3% | 332.8% | 10 |
| 2000s | 11.5% | 1.0% | 19.9% | 10 |
| 2010s | 12.6% | 0.8% | 29.3% | 10 |
| 2020s | 27.2% | 12.3% | 42.2% | 5 |
Countries ranked near Uganda
- 72 Vanuatu 18.7% compare
- 73 Eritrea 17.1% compare
- 74 Suriname 15.3% compare
- 76 Uzbekistan 13.8% compare
- 77 Sao Tome and Principe 13.5% compare
- 78 Montenegro 13.5% compare
More economy & growth data for Uganda
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.29 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.99 Percent per annum (2029)
- Services, value added (current US$), annual growth rate 12.18 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.4209 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 507.75 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 9.14 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 1,547 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 1.87 million current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 5.44 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.368 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is short-term debt in Uganda?
- Short-term debt in Uganda was 14.9% in 2024, according to World Development Indicators, World Bank (WB).
- What is the highest short-term debt recorded in Uganda?
- The highest recorded value was 2,093.5% in 1980.
- What is the lowest short-term debt recorded in Uganda?
- The lowest recorded value was 0.0% in 1970.
- How does Uganda rank for short-term debt?
- Uganda ranks 75th out of 111 countries with data for 2024.
- Is short-term debt rising or falling in Uganda?
- Over the last ten years it is down 7.3%. The long-run trend across the full record is volatile.
- Where does this Uganda data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Short-term debt (% of total reserves). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total reserves includes gold.