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Uganda Short-term Debt

Short-term debt as % of total external debt  DT.DOD.DSTC.ZS

Uganda's short-term debt was 1.31% in 2025, ranked 95th globally. This represents a 48.3% decrease from 2024. Data from World Bank, covering 1970–2025.

1.31% −1.22% (-48.3%)
Year 2025 Rank #95 Global Peak 19.99% (2008) Source World Bank

Uganda Short-term Debt (1970–2025)

Overview

Uganda's short-term debt stood at 1.31% in 2025, a decline of +1.22% from 2024. Based on recent trends, this figure is projected to reach 1.31% by 2025. Uganda ranked 95th globally.

Uganda's short-term debt has exhibited significant fluctuations over the past 56 years, spanning from a low of 0.01 in 1971 to a peak of 19.99 in 2008. The country's reliance on short-term credit has been a recurring theme, with a notable resurgence in 2008. Despite a slight decline in recent years, Uganda's short-term debt remains a concern, standing at 1.31 as of 2025, ranking 95th globally. In comparison, peer countries such as Papua New Guinea have struggled with similar debt issues, exemplified by its higher short-term debt ratio of 1.56. The recent decline in Uganda's short-term debt is a welcome development, but its persistence below the 2008 peak highlights the need for sustained fiscal discipline. A significant increase in foreign investment or a marked improvement in Uganda's trade balance could alter the trajectory of its short-term debt, potentially reducing its reliance on short-term credit and mitigating the risk of future debt crises.

Data & projection

Year Short-term Debt YoY change Rank
2027* trend -1.61% - -
2026* trend -0.15% - -
2025* trend 1.31% - -
2025 1.31% −1.22% #95
2024 2.53% +0.13% #28
2023 2.39% −5.80% #25
2022 8.19% −0.38% #54
2021 8.57% +1.84% #59
2020 6.73% −0.07% #51
2019 6.80% +2.67% #49
2018 4.13% +0.08% #36
2017 4.05% −0.92% #34
2016 4.98% −0.82% #42
2015 5.79% −0.37% #41
2014 6.16% +0.68% #38
2013 5.48% +4.79% #34
2012 0.69% −0.11% #9
2011 0.80% −0.08% #14
Show all years (1970-2025)
* 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 short-term debt improve within 24 months. View full analysis →

Frequently Asked Questions

What is Uganda's short-term debt?▾

Uganda's short-term debt was 1.31% in 2025. Ranked 95th globally. This represents a 48.3% decrease from the previous year.

What was the highest short-term debt in Uganda?▾

Uganda's short-term debt peaked at 19.99% in 2008.

What was the lowest short-term debt in Uganda?▾

The lowest short-term debt in Uganda was 0.01% in 1971.

How does Uganda rank in short-term debt?▾

Uganda ranks 95th globally in short-term debt as of 2025.

What is the World Bank indicator code for short-term debt?▾

The World Bank indicator code is DT.DOD.DSTC.ZS. Data sourced from World Bank.

What is the projected short-term debt of Uganda in 2025?▾

Uganda's short-term debt is projected to reach 1.31% by 2025 based on trend extrapolation.

What is the short-term debt of Uganda in 2025?▾

The short-term debt of Uganda in 2025 was 1.31%. This ranks 95th in the world.

Cite this page

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