Uganda Credit to GDP
Domestic credit to private sector as % of GDP FS.AST.PRVT.GD.ZS
Uganda's credit to gdp was 14.70% in 2025, ranked 130th globally. This represents a 2.8% increase from 2024. Data from World Bank, covering 2011–2025.
Overview
Uganda's credit to gdp stood at 14.70% in 2025, a rise of +0.40% from 2024. Based on recent trends, this figure is projected to reach 14.70% by 2025. Uganda ranked 130th globally.
Uganda’s credit‑to‑GDP ratio has risen steadily over the 15‑year series, moving from an all‑time trough of 11.66 % in 2011 to a peak of 15.09 % in 2022, before settling at 14.70 % in 2025, which places the country 130th globally. The gradual increase reflects expanding access to formal financing, driven by government‑led initiatives to deepen financial inclusion and a modest expansion of the banking sector. Compared with peers of similar ranking, Uganda’s ratio is close to Argentina’s 14.73 % and Papua New Guinea’s 14.43 % in the same year, suggesting a comparable level of credit market development within emerging economies. The upward trajectory is consistent with the broader regional trend of rising indebtedness to support infrastructure and private‑sector growth. Future movements will likely hinge on fiscal policy choices, external debt sustainability and the pace of domestic financial sector reforms, which could either reinforce the current upward path or temper it if prudential constraints tighten.
Data & projection
| Year | Credit to GDP | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 14.73% | - | - |
| 2026* trend | 14.72% | - | - |
| 2025* trend | 14.70% | - | - |
| 2025 | 14.70% | +0.40% | #130 |
| 2024 | 14.30% | −0.51% | #10 |
| 2023 | 14.81% | −0.28% | #20 |
| 2022 | 15.09% | +0.30% | #28 |
| 2021 | 14.79% | +0.57% | #28 |
| 2020 | 14.22% | +0.42% | #25 |
| 2019 | 13.81% | +0.17% | #24 |
| 2018 | 13.64% | +0.16% | #24 |
| 2017 | 13.48% | −0.16% | #21 |
| 2016 | 13.64% | −0.13% | #18 |
| 2015 | 13.77% | +0.87% | #20 |
| 2014 | 12.90% | +0.68% | #19 |
| 2013 | 12.23% | +0.06% | #21 |
| 2012 | 12.17% | +0.51% | #24 |
| 2011 | 11.66% | – | #25 |
Detected Pattern
Analysis
Uganda matched the Orthodox Tightening Cycle pattern in 2011. Historically, 57% of countries showing this pattern (177 out of 311) saw credit to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Uganda's credit to gdp was 14.70% in 2025. Ranked 130th globally. This represents a 2.8% increase from the previous year.
Uganda's credit to gdp peaked at 15.09% in 2022.
The lowest credit to gdp in Uganda was 11.66% in 2011.
Uganda ranks 130th globally in credit to gdp as of 2025.
The World Bank indicator code is FS.AST.PRVT.GD.ZS. Data sourced from World Bank.
Uganda's credit to gdp is projected to reach 14.70% by 2025 based on trend extrapolation.
The credit to gdp of Uganda in 2025 was 14.70%. This ranks 130th in the world.
Cite this page
@misc{historysaid_uganda_credit-to-gdp,
title = {Uganda Credit to GDP},
url = {https://historysaid.com/uganda/credit-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}