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Uganda Debt Service

Total debt service as % of exports  DT.TDS.DECT.EX.ZS

Uganda's debt service was 22.69% in 2025, ranked 24th globally. This represents a 62.8% increase from 2024. Data from World Bank, covering 1980–2025.

22.69% +8.75% (+62.8%)
Year 2025 Rank #24 Global Peak 81.36% (1990) Source World Bank

Uganda Debt Service (1980–2025)

Overview

Uganda's debt service stood at 22.69% in 2025, a rise of +8.75% from 2024. Based on recent trends, this figure is projected to reach 22.69% by 2025. Uganda ranked 24th globally.

Uganda’s debt‑service burden has risen sharply since the early 1980s, moving from 17.35 % of export earnings in 1980 to a striking 81.36 % in 1990, the all‑time peak recorded during a period of fiscal tightening and external shocks. After a dramatic decline to a trough of 1.36 % in 2012, the ratio has climbed again, reaching 22.69 % in 2025, which places Uganda 24th in the global ranking out of 46 years of coverage. This recent level is comparable to the 23.62 % observed in Tunisia and the 23.89 % in Tonga, suggesting that Uganda’s debt‑service profile now aligns with other middle‑income economies facing similar external financing constraints. The upward trajectory since the 2012 low reflects higher external borrowing and weaker terms of trade, while the 2025 figure signals a renewed pressure on fiscal space. Continued debt‑service growth could be tempered by stronger export performance or debt restructuring, which would be essential to reverse the current upward trend.

Data & projection

Year Debt Service YoY change Rank
2027* trend 26.05% - -
2026* trend 24.37% - -
2025* trend 22.69% - -
2025 22.69% +8.75% #24
2024 13.94% −16.03% #60
2023 29.97% +13.13% #98
2022 16.84% +2.90% #79
2021 13.94% +0.39% #59
2020 13.55% +8.73% #50
2019 4.82% −4.04% #21
2018 8.86% +5.20% #45
2017 3.66% −13.72% #15
2016 17.37% +15.38% #78
2015 1.99% −2.19% #6
2014 4.18% +2.44% #29
2013 1.74% +0.38% #14
2012 1.36% −0.11% #10
2011 1.47% −0.33% #11
Show all years (1980-2025)
* Linear trend extrapolation

Detected Pattern

Orthodox Tightening Cycle
Inflation above 40%, lending rate above 30%, rate-inflation gap narrowing, reserves stable or rising. Signals credible monetary tightening.
Inflation 16.6% Rate 21.8% Gap +5.3pp Reserves YoY -3.3%
Occurred 311 times, 177 successful
Inflation
28.2%
Rate
19.4%
Gap
-8.8pp
Reserves YoY
+2.2%
Inflation
219.9%
Rate
61.7%
Gap
-158.2pp
Reserves YoY
+28.1%
Inflation
28.3%
Rate
24.3%
Gap
-4.0pp
Reserves YoY
+35.8%
Inflation
33.9%
Rate
17.8%
Gap
-16.1pp
Reserves YoY
+2.9%
Inflation
17.0%
Rate
20.8%
Gap
+3.8pp
Reserves YoY
+1.5%
Inflation
17.1%
Rate
15.3%
Gap
-1.8pp
Reserves YoY
+10.9%

Analysis

Uganda matched the Orthodox Tightening Cycle pattern in 2011. Historically, 57% of countries showing this pattern (177 out of 311) saw debt service improve within 24 months. View full analysis →

Frequently Asked Questions

What is Uganda's debt service?▾

Uganda's debt service was 22.69% in 2025. Ranked 24th globally. This represents a 62.8% increase from the previous year.

What was the highest debt service in Uganda?▾

Uganda's debt service peaked at 81.36% in 1990.

What was the lowest debt service in Uganda?▾

The lowest debt service in Uganda was 1.36% in 2012.

How does Uganda rank in debt service?▾

Uganda ranks 24th globally in debt service as of 2025.

What is the World Bank indicator code for debt service?▾

The World Bank indicator code is DT.TDS.DECT.EX.ZS. Data sourced from World Bank.

What is the projected debt service of Uganda in 2025?▾

Uganda's debt service is projected to reach 22.69% by 2025 based on trend extrapolation.

What is the debt service of Uganda in 2025?▾

The debt service of Uganda in 2025 was 22.69%. This ranks 24th in the world.

Cite this page

APA
Uganda Debt Service. HistorySaid. Retrieved November 9, 2026, from https://historysaid.com/uganda/debt-service/
BibTeX
@misc{historysaid_uganda_debt-service, title = {Uganda Debt Service}, url = {https://historysaid.com/uganda/debt-service/}, publisher = {HistorySaid}, year = {2026} }
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