Volume of remittances (in United States dollars) as a proportion of in Uganda
Uganda: Volume of remittances (in United States dollars) as a proportion of was 2.7% in 2024. ▼ Falling
Latest (2024)
2.7%
Change on year
down 14.6%
World rank
95th
of 203 countries
All-time high
7.2%
in 2002
All-time low
2.7%
in 2024
Years of data
25
2000–2024
Volume of remittances (in United States dollars) as a proportion of in Uganda, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for volume of remittances (in united states dollars) as a proportion of in Uganda is 2.7%, measured in 2024. That is the lowest value across all 25 years on record.
The figure is down 14.6% on the previous year and down 2.6% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Uganda peaked at 7.2% in 2002 and was at its lowest, 2.7%, in 2024.
Uganda ranks 95th of 203 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Volume of remittances (in United States dollars) as a proportion of in Uganda, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 3.8% | — |
| 2001 | 6.0% | +55.2% |
| 2002 | 7.2% | +19.8% |
| 2003 | 4.5% | -36.8% |
| 2004 | 3.9% | -13.5% |
| 2005 | 3.5% | -10.9% |
| 2006 | 4.1% | +18.3% |
| 2007 | 3.8% | -7.9% |
| 2008 | 5.0% | +32.1% |
| 2009 | 3.1% | -38.0% |
| 2010 | 2.9% | -7.0% |
| 2011 | 2.9% | +1.3% |
| 2012 | 3.3% | +14.2% |
| 2013 | 3.3% | -2.7% |
| 2014 | 2.7% | -16.3% |
| 2015 | 2.8% | +2.3% |
| 2016 | 3.9% | +40.9% |
| 2017 | 3.8% | -3.4% |
| 2018 | 4.1% | +7.2% |
| 2019 | 4.0% | -0.8% |
| 2020 | 2.8% | -29.9% |
| 2021 | 2.9% | +0.9% |
| 2022 | 2.7% | -3.7% |
| 2023 | 3.1% | +13.1% |
| 2024 | 2.7% | -14.6% |
Uganda compared with similar countries
- Uganda's 2.7% is below the median for low income countries, which is 3.8%, 70% of the median. (18 countries reporting)
- Uganda's 2.7% is below the median for Sub-Saharan Africa, which is 2.9%, 91% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.5% | 3.1% | 7.2% | 10 |
| 2010s | 3.4% | 2.7% | 4.1% | 10 |
| 2020s | 2.8% | 2.7% | 3.1% | 5 |
Countries ranked near Uganda
- 92 Democratic Republic of the Congo 2.8% compare
- 93 North Macedonia 2.7% compare
- 94 Luxembourg 2.7% compare
- 96 Syrian Arab Republic 2.6% compare
- 96 Syria 2.6% compare
- 98 Paraguay 2.6% 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 399,794 BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.008 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.26 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 8.81 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0604 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 65.12 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -11.58 % change on previous year (2024)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in Uganda?
- Volume of remittances (in united states dollars) as a proportion of in Uganda was 2.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Uganda?
- The highest recorded value was 7.2% in 2002.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Uganda?
- The lowest recorded value was 2.7% in 2024.
- How does Uganda rank for volume of remittances (in united states dollars) as a proportion of?
- Uganda ranks 95th out of 203 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Uganda?
- Over the last ten years it is down 2.6%. The long-run trend across the full record is falling.
- Where does this Uganda data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
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