Credit to the private sector — all countries

Credit to the private sector — Uganda

Credit to the private sector in Uganda in 2024 — 14.3%. Ranked 129 in the world out of 143. Since 2011, the indicator has risen by 2.64 pp.

2024 14.3% −0.51 pp vs 2023
World rank 129of 143
Period maximum 15.09%2022
Period minimum 11.66%2011

Trend over time

2011–2024 · % of GDP

Credit to the private sector — Uganda, 2011–2024111213141516201120132015201720192021202320242011: 11.66%2012: 12.17%2013: 12.23%2014: 12.9%2015: 13.77%2016: 13.64%2017: 13.48%2018: 13.64%2019: 13.81%2020: 14.22%2021: 14.79%2022: 15.09%2023: 14.81%2024: 14.3%
Change over the period: +2.64 pp Annual average: 0.2 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Uganda

Uganda 14.3%
World 140.32%
Eastern Africa computed 19.05%
Credit to the private sector — Uganda, by year Uganda All countries CSV XLSX
Year % Change, pp
2024 14.3 −0.51 pp
2023 14.81 −0.28 pp
2022 15.09 +0.3 pp
2021 14.79 +0.57 pp
2020 14.22 +0.42 pp
2019 13.81 +0.17 pp
2018 13.64 +0.16 pp
2017 13.48 −0.16 pp
2016 13.64 −0.13 pp
2015 13.77 +0.87 pp
2014 12.9 +0.68 pp
2013 12.23 +0.06 pp
2012 12.17 +0.51 pp
2011 11.66

About the indicator

Domestic credit to the private sector by financial institutions as a percent of GDP: loans, purchases of non-equity securities, trade credit and other accounts receivable. An indicator of financial development, but of potential risk as well: growth that is too fast relative to GDP is one of the most reliable precursors of banking crises.

Source: World Economic Outlook (IMF), license IMF open data.