Net Foreign Assets (Local Currency) fell 14.5% to UGX 8,874 bil in Uganda in 2024

Net Foreign Assets (Local Currency) (UGX bil), 2024
Banking | Uganda | September 1, 2025
$2.99
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Net foreign assets fell 14.5% to UGX 8,874 bil in Uganda in 2024, according to the National Central Bank.

Historically, net foreign assets in Uganda reached an all time high of UGX 16,006 bil in 2020 and an all time low of UGX -243 bil in 1992.

Uganda has been ranked 18th within the group of 122 countries we follow in terms of net foreign assets, 1 place below the position seen 10 years ago.

Net Foreign Assets (Local Currency) Unit 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Angola AOA bil 4,218 7,030 7,311 5,913 6,105
Burundi BIF bil -200 -200 -211 -461 -698 ...
Central African Republic XAF bil 76.3 90.2 90.3 72.3 15.2 ... ...
Congo (DRC) CDF bil 3,439 5,052 9,315 15,432 13,856 ...
Congo (ROC) XAF bil 272 571 580 381 280 ...
Ethiopia ETB bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Kenya KES bil 711 801 742 589 285 ...
Rwanda RWF bil 987 1,082 1,441 1,415 1,432
Somalia SOS bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... 0.229 0.279 0.500 0.716 0.852
South Sudan SSP bil ... ... ... ... ... ... ... -82.3 -53.2 -91.2 -325 -593 ...
Sudan SDG bil -223 -221 -453 -2,731 -3,959 ... ...
Tanzania TNS bil 10,635 12,041 10,699 12,707 7,846
Uganda UGX bil 13,940 14,076 16,006 15,578 11,354
Zambia ZMW bil 24.8 24.2 39.0 37.6 50.6