Gross external debt, Percent of GDP (Balance of Payments and) in Uganda
Uganda: Gross external debt, Percent of GDP (Balance of Payments and) was 21.93 in 2027. ◆ Volatile
Gross external debt, Percent of GDP (Balance of Payments and) in Uganda, 2000–2027
Source: International Monetary Fund.
Analysis
Uganda recorded 21.93 for gross external debt, percent of gdp (balance of payments and) in 2027.
That represents a change of down 6.2% on the previous year and up 0.3% over ten years.
Over the whole period, gross external debt, percent of gdp (balance of payments and) in Uganda peaked at 48.72 in 2003 and was at its lowest, 8.03, in 2006.
That places Uganda 34th out of 45 countries with data for 2027, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross external debt, Percent of GDP (Balance of Payments and) in Uganda, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 39.82 | — |
| 2001 | 43.13 | +8.3% |
| 2002 | 43.76 | +1.5% |
| 2003 | 48.72 | +11.3% |
| 2004 | 44.22 | -9.2% |
| 2005 | 34.89 | -21.1% |
| 2006 | 8.03 | -77.0% |
| 2007 | 9.08 | +13.0% |
| 2008 | 8.11 | -10.7% |
| 2009 | 9.43 | +16.3% |
| 2010 | 10.96 | +16.2% |
| 2011 | 10.87 | -0.8% |
| 2012 | 11.38 | +4.7% |
| 2013 | 12.69 | +11.5% |
| 2014 | 12.22 | -3.7% |
| 2015 | 16.31 | +33.5% |
| 2016 | 18.33 | +12.4% |
| 2017 | 21.87 | +19.3% |
| 2018 | 22.65 | +3.6% |
| 2019 | 23 | +1.6% |
| 2020 | 30 | +30.4% |
| 2021 | 29.43 | -1.9% |
| 2022 | 26.88 | -8.6% |
| 2023 | 26.84 | -0.2% |
| 2024 | 26.42 | -1.6% |
| 2025 | 24.86 | -5.9% |
| 2026 | 23.39 | -5.9% |
| 2027 | 21.93 | -6.2% |
Uganda compared with similar countries
- Uganda's 21.93 is below the median for Sub-Saharan Africa, which is 26.53, 83% of the median. (45 countries reporting)
- Uganda's 21.93 is below the median for low income countries, which is 24.57, 89% of the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 28.92 | 8.03 | 48.72 | 10 |
| 2010s | 16.03 | 10.87 | 23 | 10 |
| 2020s | 26.22 | 21.93 | 30 | 8 |
Countries ranked near Uganda
- 31 Central African Republic 23.03 compare
- 32 Malawi 22.1 compare
- 33 Guinea 22.06 compare
- 35 South Africa 19.64 compare
- 36 Burkina Faso 19.1 compare
- 37 Chad 17.51 compare
More external debt data for Uganda
- IFC, private nonguaranteed -14.65 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita -0.293 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP -0.0003 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre -127.73 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 2.4% (2024)
- Net financial flows, IDA 362.95 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 7.26 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0067 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD -11.91 million NFL, current US$ (1995)
- Public and publicly guaranteed debt service 11.3% (2024)
Frequently asked questions
- What is gross external debt, percent of gdp (balance of payments and) in Uganda?
- Gross external debt, percent of gdp (balance of payments and) in Uganda was 21.93 in 2027, according to International Monetary Fund.
- What is the highest gross external debt, percent of gdp (balance of payments and) recorded in Uganda?
- The highest recorded value was 48.72 in 2003.
- What is the lowest gross external debt, percent of gdp (balance of payments and) recorded in Uganda?
- The lowest recorded value was 8.03 in 2006.
- How does Uganda rank for gross external debt, percent of gdp (balance of payments and)?
- Uganda ranks 34th out of 45 countries with data for 2027.
- Is gross external debt, percent of gdp (balance of payments and) rising or falling in Uganda?
- Over the last ten years it is up 0.3%. The long-run trend across the full record is volatile.
- Where does this Uganda data come from?
- The figures come from International Monetary Fund, published as part of Gross external debt, Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid updates them automatically from the source API.
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About this data
Sub-Saharan Africa Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in sub-Saharan Africa. Data for the REO for sub-Saharan Africa are prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall.