Insurance and financial services (% of commercial service imports) in Uganda
Uganda: Insurance and financial services (% of commercial service imports) was 3.3% in 2025. ▼ Falling
Insurance and financial services in Uganda, 1980–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service imports.
Analysis
Uganda recorded 3.3% for insurance and financial services in 2025.
Compared with earlier readings it is down 5.4% on the previous year and down 2.8% over ten years.
Over the whole period, insurance and financial services in Uganda peaked at 9.0% in 2003 and was at its lowest, 2.9%, in 2019.
That places Uganda 147th out of 197 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 46 years of available data.
Insurance and financial services (% of commercial service imports) in Uganda, year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 1980 | 5.2% | — |
| 1981 | 4.9% | -5.5% |
| 1982 | 5.3% | +6.4% |
| 1983 | 5.7% | +8.5% |
| 1984 | 8.8% | +54.4% |
| 1985 | 6.7% | -23.6% |
| 1986 | 6.2% | -7.5% |
| 1987 | 5.6% | -9.6% |
| 1988 | 5.7% | +2.0% |
| 1989 | 6.4% | +11.5% |
| 1990 | 6.5% | +1.4% |
| 1991 | 4.0% | -37.9% |
| 1992 | 4.4% | +9.2% |
| 1993 | 4.2% | -4.5% |
| 1994 | 4.2% | +0.5% |
| 1995 | 4.2% | +0.7% |
| 1996 | 3.9% | -7.2% |
| 1997 | 4.0% | +2.0% |
| 1998 | 4.1% | +2.9% |
| 1999 | 3.1% | -25.6% |
| 2000 | 3.2% | +5.5% |
| 2001 | 4.5% | +40.0% |
| 2002 | 5.8% | +28.1% |
| 2003 | 9.0% | +55.3% |
| 2004 | 8.9% | -1.9% |
| 2005 | 8.7% | -2.2% |
| 2006 | 8.0% | -8.1% |
| 2007 | 8.3% | +4.4% |
| 2008 | 7.8% | -6.0% |
| 2009 | 5.4% | -31.6% |
| 2010 | 3.6% | -32.8% |
| 2011 | 4.0% | +12.6% |
| 2012 | 4.1% | +0.9% |
| 2013 | 3.4% | -16.7% |
| 2014 | 3.3% | -4.3% |
| 2015 | 3.4% | +4.4% |
| 2016 | 3.9% | +15.4% |
| 2017 | 3.2% | -18.7% |
| 2018 | 3.3% | +3.2% |
| 2019 | 2.9% | -11.9% |
| 2020 | 3.0% | +4.0% |
| 2021 | 3.3% | +8.0% |
| 2022 | 3.5% | +8.3% |
| 2023 | 3.4% | -2.7% |
| 2024 | 3.5% | +1.7% |
| 2025 | 3.3% | -5.4% |
Uganda compared with similar countries
- Uganda's 3.3% is below the median for low income countries, which is 4.4%, 74% of the median. (22 countries reporting)
- Uganda's 3.3% is below the median for Sub-Saharan Africa, which is 4.9%, 67% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 6.1% | 4.9% | 8.8% | 10 |
| 1990s | 4.3% | 3.1% | 6.5% | 10 |
| 2000s | 7.0% | 3.2% | 9.0% | 10 |
| 2010s | 3.5% | 2.9% | 4.1% | 10 |
| 2020s | 3.3% | 3.0% | 3.5% | 6 |
Countries ranked near Uganda
More private sector data for Uganda
- Merchandise trade 49.9% (2025)
- Food imports 10.7% (2024)
- Manufactures imports 47.3% (2024)
- Merchandise imports 18.40 billion current US$ (2025)
- Commercial service imports 5.41 billion current US$ (2025)
- Food exports 39.3% (2024)
- Manufactures exports 14.3% (2024)
- Merchandise exports 12.50 billion current US$ (2025)
- Commercial service exports 2.40 billion current US$ (2025)
- Merchandise exports (current US$), per capita 243.26 current US$ per person (2025)
Frequently asked questions
- What is insurance and financial services in Uganda?
- Insurance and financial services in Uganda was 3.3% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Uganda?
- The highest recorded value was 9.0% in 2003.
- What is the lowest insurance and financial services recorded in Uganda?
- The lowest recorded value was 2.9% in 2019.
- How does Uganda rank for insurance and financial services?
- Uganda ranks 147th out of 197 countries with data for 2025.
- Is insurance and financial services rising or falling in Uganda?
- Over the last ten years it is down 2.8%. The long-run trend across the full record is falling.
- 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 Insurance and financial services (% of commercial service imports). Statizoid updates them automatically from the source API.
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About this data
Financial services covers services related to financial intermediation, financial risk management, liquidity transformation or auxiliary financial activities. It also includes insurance and pension scheme services which are services related to providing life insurance and annuities, non-life insurance, reinsurance, pensions, standardised guarantees and auxiliary services to insurance, pension schemes, and standardised guarantee schemes. This indicator is expressed as a percentage of service imports which are commercial services provided by non-residents to residents.