Current account balance in Uganda
Uganda: Current account balance was -4.19 billion BoP, current US$ in 2024. ◆ Volatile
Current account balance in Uganda, 1980–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, current account balance in Uganda stood at -4.19 billion BoP, current US$. That is the lowest value across all 45 years on record.
The figure is down 15.6% on the previous year and down 93.5% over ten years.
Over the whole period, current account balance in Uganda peaked at 103.54 million BoP, current US$ in 1984 and was at its lowest, -4.19 billion BoP, current US$, in 2024.
Uganda ranks 169th of 199 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -70.13 million BoP, current US$ | -259.52 million BoP, current US$ | 103.54 million BoP, current US$ | 10 |
| 1990s | -234.36 million BoP, current US$ | -363.69 million BoP, current US$ | -99.60 million BoP, current US$ | 10 |
| 2000s | -395.59 million BoP, current US$ | -1.22 billion BoP, current US$ | 53.54 million BoP, current US$ | 10 |
| 2010s | -1.80 billion BoP, current US$ | -2.63 billion BoP, current US$ | -833.46 million BoP, current US$ | 10 |
| 2020s | -3.82 billion BoP, current US$ | -4.19 billion BoP, current US$ | -3.60 billion BoP, current US$ | 5 |
Countries ranked near Uganda
- 166 Democratic Republic of Congo -3.94 billion BoP, current US$ compare
- 167 Moldova -4.00 billion BoP, current US$ compare
- 168 Kyrgyzstan -4.11 billion BoP, current US$ compare
- 170 Chile -4.35 billion BoP, current US$ compare
- 171 Sudan -4.44 billion BoP, current US$ compare
- 172 Morocco -4.56 billion BoP, current US$ compare
More economy & growth data for Uganda
- Final consumption expenditure 76.9% (2025)
- Gross domestic savings 52.68 trillion current LCU (2025)
- Households and NPISHs final consumption expenditure 65.2% (2025)
- Final consumption expenditure 47.66 billion current US$ (2025)
- Final consumption expenditure 175.19 trillion current LCU (2025)
- Final consumption expenditure 44.48 billion constant 2015 US$ (2025)
- Final consumption expenditure 10.5% (2025)
- Agriculture, forestry, and fishing, value added 37.56 trillion constant LCU (2025)
- Gross national expenditure 99.5% (2025)
- Agriculture, forestry, and fishing, value added 11.86 billion constant 2015 US$ (2025)
Frequently asked questions
- What is current account balance in Uganda?
- Current account balance in Uganda was -4.19 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Uganda?
- The highest recorded value was 103.54 million BoP, current US$ in 1984.
- What is the lowest current account balance recorded in Uganda?
- The lowest recorded value was -4.19 billion BoP, current US$ in 2024.
- How does Uganda rank for current account balance?
- Uganda ranks 169th out of 199 countries with data for 2024.
- Is current account balance rising or falling in Uganda?
- Over the last ten years it is down 93.5%. The long-run trend across the full record is volatile.
- Where does this Uganda data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.