Uganda's PPG, commercial banks (NFL, current US$) was −US$80.77 million in 2024, the latest year in the World Bank's World Development Indicators. That is down 337.41% from US$34.02 million in 2019.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$80.77 million | 2024 |
| Five years earlier | US$34.02 million | 2019 |
| Highest | US$613.32 million | 2023 |
| Lowest | −US$80.77 million | 2024 |
| Average since 2016 | US$107.82 million | 2016–2024 |
| First recorded | US$4.58 million | 1970 |
Over five years it is down 337.41% from US$34.02 million in 2019. Since 1970 it is down 1,863% from US$4.58 million in 1970. The World Bank has no value for 6 of the years in between; the chart leaves those gaps open rather than joining across them.
What the numbers say
In 2024, Uganda's PPG, commercial banks (NFL, current US$) fell US$694.1 million on 2023 (from US$613.32 million to −US$80.77 million).
Across the 30 yearly changes before that (1988 to 2023), the average change was +US$20.25 million and a typical year strayed about US$159.5 million from that (the standard deviation). This year's change was 4.5 standard deviations below that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was US$666.37 million in 2023 and the biggest yearly fall was US$694.1 million in 2024. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2024 there is no clear straight-line trend: a straight line explains 6% of the movement over 9 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Uganda had the 67th highest value of the 87 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Uganda | −US$80.77 million | 2024 |
| Low income | US$332.78 million | 2024 |
Closest to Uganda in the 2024 ranking
- Tunisia — 64th of 87: −US$44.81 million
- Honduras — 65th of 87: −US$63.26 million
- Argentina — 66th of 87: −US$77.38 million
- Philippines — 68th of 87: −US$99.7 million
- Lao PDR — 69th of 87: −US$103.26 million
- Uzbekistan — 70th of 87: −US$107.43 million
What this measures
Public and publicly guaranteed commercial bank loans from private banks and other private financial institutions. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 49 values
| Year | PPG, commercial banks (NFL, current US$) |
|---|---|
| 2024 | -80,774,000 |
| 2023 | 613,323,000 |
| 2022 | -53,044,000 |
| 2021 | 911,000 |
| 2020 | 404,417,000 |
| 2019 | 34,023,000 |
| 2018 | 43,580,000 |
| 2017 | 7,373,000 |
| 2016 | 558,000 |
| 2015 | no data |
| 2014 |
PPG, commercial banks (NFL, current US$) in nearby economies
- Angola — −US$1.26 billion (2024)
- Benin — US$461.66 million (2024)
- Burkina Faso — US$62.99 million (2024)
- Cabo Verde — −US$22.14 million (2024)
- Cameroon — US$501.29 million (2024)
- Congo, Dem. Rep. — −US$3.85 million (2024)
- Congo, Rep. — US$0 (2024)
- Côte d'Ivoire — US$375.4 million (2024)
- Eswatini — US$0 (2024)
- Ethiopia — US$8.86 million (2024)
More economic policy & debt data for Uganda
- Exports of goods and services (current US$) — US$13.29 billion (2025)
- Exports of goods and services (current LCU) — 48.86 trillion (2025)
- Exports of goods and services (% of GDP) — 21.44% (2025)
- Gross capital formation (current US$) — US$14.04 billion (2025)
- Gross capital formation (current LCU) — 51.61 trillion (2025)
- Gross capital formation (% of GDP) — 22.65% (2025)
- Imports of goods and services (current US$) — US$17.83 billion (2025)
- Imports of goods and services (current LCU) — 65.54 trillion (2025)
- Imports of goods and services (% of GDP) — 28.76% (2025)
- External balance on goods and services (current US$)
Reading data like this
Questions people ask
- What is Uganda's PPG, commercial banks (NFL, current US$)?
- −US$80.77 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is down 1,863% from US$4.58 million in 1970. The highest value was US$613.32 million in 2023 and the lowest −US$80.77 million in 2024.
- How does Uganda rank?
- 67th highest of 87 economies with data for 2024.
- Is the latest change in PPG, commercial banks (NFL, current US$) unusual for Uganda?
- In 2024, Uganda's PPG, commercial banks (NFL, current US$) fell US$694.1 million on 2023 (from US$613.32 million to −US$80.77 million). Across the 30 yearly changes before that (1988 to 2023), the average change was +US$20.25 million and a typical year strayed about US$159.5 million from that (the standard deviation). This year's change was 4.5 standard deviations below that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator DT.NFL.PCBK.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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