Uganda Foreign Reserves
Total reserves including gold FI.RES.TOTL.CD
Uganda's foreign reserves was $3.4B in 2018, ranked 101st globally. This represents a 9.7% decrease from 2017. Data from World Bank, covering 1966–2018.
Overview
Uganda's foreign reserves stood at $3.4B in 2018, a decline of +$362.3M from 2017. Uganda ranked 101st globally.
Uganda’s foreign exchange reserves have expanded dramatically over the 53‑year series, rising from a modest 40,910,000.00 in 1966 to a 2018 level of 3,358,514,649.90, which placed the country 101st globally. The upward trajectory accelerated after the early 1980s low of 3,000,000.00, culminating in an all‑time peak of 3,720,863,721.20 in 2017, before a slight decline the following year. Compared with peers of similar rank, Uganda’s reserves sit just below Brunei Darussalam’s 3,407,126,454.77 and marginally above Georgia’s 3,289,463,516.72, reflecting a comparable capacity to manage external shocks and support import financing. The sustained growth reflects persistent current‑account surpluses, remittance inflows and prudent fiscal policies, yet the modest post‑peak dip signals vulnerability to external price volatility and debt servicing pressures. Continued diversification of export earnings and disciplined monetary management will be crucial to sustain the upward trend and prevent a reversal.
Data & projection
| Year | Foreign Reserves | YoY change | Rank |
|---|---|---|---|
| 2018 | $3.4B | −$362.3M | #101 |
| 2017 | $3.7B | +$623.0M | #95 |
| 2016 | $3.1B | +$189.0M | #99 |
| 2015 | $2.9B | −$407.5M | #99 |
| 2014 | $3.3B | −$21.2M | #98 |
| 2013 | $3.3B | +$170.4M | #100 |
| 2012 | $3.2B | +$549.7M | #99 |
| 2011 | $2.6B | −$88.6M | #101 |
| 2010 | $2.7B | −$288.5M | #97 |
| 2009 | $3.0B | +$693.9M | #99 |
| 2008 | $2.3B | −$259.3M | #102 |
| 2007 | $2.6B | +$748.9M | #95 |
| 2006 | $1.8B | +$466.7M | #101 |
| 2005 | $1.3B | +$36.1M | #98 |
| 2004 | $1.3B | +$227.8M | #95 |
Detected Pattern
Analysis
Uganda matched the Orthodox Tightening Cycle pattern in 2011. Historically, 57% of countries showing this pattern (177 out of 311) saw foreign reserves improve within 24 months. View full analysis →
Frequently Asked Questions
Uganda's foreign reserves was $3.4B in 2018. Ranked 101st globally. This represents a 9.7% decrease from the previous year.
Uganda's foreign reserves peaked at $3.7B in 2017.
The lowest foreign reserves in Uganda was $3.0M in 1980.
Uganda ranks 101st globally in foreign reserves as of 2018.
The World Bank indicator code is FI.RES.TOTL.CD. Data sourced from World Bank.
Uganda's foreign reserves was approximately 3.36 billion ($3.4B) in 2018.
The foreign reserves of Uganda in 2018 was $3.4B. This ranks 101st in the world.
Cite this page
@misc{historysaid_uganda_reserves,
title = {Uganda Foreign Reserves},
url = {https://historysaid.com/uganda/reserves/},
publisher = {HistorySaid},
year = {2026}
}