Uganda Reserves in Months of Imports
Total reserves in months of imports FI.RES.TOTL.MO
Uganda's reserves in months of imports was 4.1 in 2018, ranked 81st globally. This represents a 24.6% decrease from 2017. Data from World Bank, covering 1980–2018.
Overview
Uganda's reserves in months of imports stood at 4.1 in 2018, a decline of +1.4 from 2017. Uganda ranked 81st globally.
Uganda’s foreign‑exchange reserves covered 4.14 months of imports in 2018, placing it 81st in the world and just above Denmark’s 4.13‑month level while trailing Poland’s 4.15 months and Kyrgyz Republic’s 4.20 months. The indicator has risen markedly from a trough of 0.08 months in 1980, when reserves barely covered a single week of trade, to an all‑time peak of 7.46 months in 2003, reflecting successive fiscal consolidations and external borrowing that expanded the buffer. Over the 39‑year series, the upward trajectory has been punctuated by periods of volatility, yet the post‑2003 decline to below five months suggests a gradual erosion of the reserve cushion amid rising import demand and limited export growth. If Uganda can sustain current export diversification efforts and attract stable capital inflows, the months‑of‑imports coverage is likely to stabilize or modestly improve, whereas persistent current‑account deficits could reverse the modest gains.
Data & projection
| Year | Reserves in Months of Imports | YoY change | Rank |
|---|---|---|---|
| 2018 | 4.1 | −1.4 | #81 |
| 2017 | 5.5 | +0.3 | #61 |
| 2016 | 5.2 | +0.7 | #70 |
| 2015 | 4.5 | −0.3 | #70 |
| 2014 | 4.8 | −0.2 | #58 |
| 2013 | 5.0 | +0.4 | #54 |
| 2012 | 4.6 | +0.6 | #63 |
| 2011 | 4.0 | −1.0 | #76 |
| 2010 | 5.0 | −1.4 | #68 |
| 2009 | 6.4 | +1.5 | #48 |
| 2008 | 4.9 | −2.3 | #41 |
| 2007 | 7.2 | +0.6 | #26 |
| 2006 | 6.6 | +0.5 | #26 |
| 2005 | 6.1 | −0.9 | #25 |
| 2004 | 7.0 | −0.4 | #16 |
Detected Pattern
Analysis
Uganda matched the Orthodox Tightening Cycle pattern in 2011. Historically, 57% of countries showing this pattern (177 out of 311) saw reserves in months of imports improve within 24 months. View full analysis →
Frequently Asked Questions
Uganda's reserves in months of imports was 4.1 in 2018. Ranked 81st globally. This represents a 24.6% decrease from the previous year.
Uganda's reserves in months of imports peaked at 7.5 in 2003.
The lowest reserves in months of imports in Uganda was 0.1 in 1980.
Uganda ranks 81st globally in reserves in months of imports as of 2018.
The World Bank indicator code is FI.RES.TOTL.MO. Data sourced from World Bank.
The reserves in months of imports of Uganda in 2018 was 4.1. This ranks 81st in the world.
Cite this page
@misc{historysaid_uganda_reserves-months-imports,
title = {Uganda Reserves in Months of Imports},
url = {https://historysaid.com/uganda/reserves-months-imports/},
publisher = {HistorySaid},
year = {2026}
}