Short-term debt (% of total external debt) in Uganda
Uganda: Short-term debt (% of total external debt) was 2.5% in 2024. ◆ Volatile
Short-term debt in Uganda, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
In 2024, short-term debt in Uganda stood at 2.5%.
Compared with earlier readings it is up 5.6% on the previous year and down 59.0% over ten years.
Over the whole period, short-term debt in Uganda peaked at 20.0% in 2008 and was at its lowest, 0.0%, in 1971.
Uganda ranks 94th of 122 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt (% of total external debt) in Uganda, year by year
| Year | % of total external debt | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 0.0% | -6.3% |
| 1972 | 0.1% | +652.6% |
| 1973 | 0.1% | +16.7% |
| 1974 | 0.2% | +42.0% |
| 1975 | 0.6% | +256.1% |
| 1976 | 1.0% | +66.8% |
| 1977 | 1.2% | +25.7% |
| 1978 | 2.0% | +62.3% |
| 1979 | 7.5% | +271.1% |
| 1980 | 9.1% | +21.9% |
| 1981 | 4.4% | -52.1% |
| 1982 | 4.5% | +3.6% |
| 1983 | 2.7% | -39.5% |
| 1984 | 3.6% | +33.5% |
| 1985 | 3.3% | -10.0% |
| 1986 | 4.4% | +33.2% |
| 1987 | 3.2% | -27.8% |
| 1988 | 4.2% | +33.3% |
| 1989 | 5.0% | +18.8% |
| 1990 | 5.6% | +12.5% |
| 1991 | 6.2% | +10.0% |
| 1992 | 5.4% | -12.9% |
| 1993 | 3.4% | -36.4% |
| 1994 | 3.8% | +10.5% |
| 1995 | 2.8% | -24.9% |
| 1996 | 3.1% | +9.9% |
| 1997 | 3.2% | +0.9% |
| 1998 | 3.6% | +15.0% |
| 1999 | 3.7% | +2.8% |
| 2000 | 3.7% | -1.6% |
| 2001 | 4.0% | +9.4% |
| 2002 | 3.9% | -1.6% |
| 2003 | 3.2% | -18.1% |
| 2004 | 2.8% | -12.9% |
| 2005 | 1.8% | -37.3% |
| 2006 | 11.4% | +545.3% |
| 2007 | 1.6% | -85.9% |
| 2008 | 20.0% | +1148.8% |
| 2009 | 8.5% | -57.4% |
| 2010 | 0.9% | -89.6% |
| 2011 | 0.8% | -8.8% |
| 2012 | 0.7% | -13.6% |
| 2013 | 5.5% | +689.8% |
| 2014 | 6.2% | +12.3% |
| 2015 | 5.8% | -6.0% |
| 2016 | 5.0% | -14.1% |
| 2017 | 4.1% | -18.6% |
| 2018 | 4.1% | +1.9% |
| 2019 | 6.8% | +64.8% |
| 2020 | 6.7% | -1.0% |
| 2021 | 8.6% | +27.4% |
| 2022 | 8.2% | -4.4% |
| 2023 | 2.4% | -70.8% |
| 2024 | 2.5% | +5.6% |
Uganda compared with similar countries
- Uganda's 2.5% is above the median for low income countries, which is 2.5%, 1.0× the median. (23 countries reporting)
- Uganda's 2.5% is below the median for Sub-Saharan Africa, which is 5.2%, 48% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where Short-term debt (% of total external 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.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +1148.8% | 1.6% | 20.0% |
| 2013 | +689.8% | 0.7% | 5.5% |
| 1972 | +652.6% | 0.0% | 0.1% |
| 2006 | +545.3% | 1.8% | 11.4% |
| 1979 | +271.1% | 2.0% | 7.5% |
| 1975 | +256.1% | 0.2% | 0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.3% | 0.0% | 7.5% | 10 |
| 1980s | 4.4% | 2.7% | 9.1% | 10 |
| 1990s | 4.1% | 2.8% | 6.2% | 10 |
| 2000s | 6.1% | 1.6% | 20.0% | 10 |
| 2010s | 4.0% | 0.7% | 6.8% | 10 |
| 2020s | 5.7% | 2.4% | 8.6% | 5 |
Countries ranked near Uganda
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 short-term debt in Uganda?
- Short-term debt in Uganda was 2.5% 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 20.0% in 2008.
- What is the lowest short-term debt recorded in Uganda?
- The lowest recorded value was 0.0% in 1971.
- How does Uganda rank for short-term debt?
- Uganda ranks 94th out of 122 countries with data for 2024.
- Is short-term debt rising or falling in Uganda?
- Over the last ten years it is down 59.0%. 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 total external debt). Statizoid updates them automatically from the source API.
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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 external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt.