Uganda vs Zambia: 24_International reserves

Uganda
3.77 billion excluding gold
in 2025
Zambia
4.21 billion excluding gold
in 2025
Uganda rank
108th
Zambia rank
106th

24_International reserves over time

  • Uganda
  • Zambia
01.0B2.0B3.0B4.0B5.0B199020072025

How they compare

Zambia currently reports 4.21 billion excluding gold against 3.77 billion excluding gold in Uganda, a difference of 447.34 million excluding gold.

That makes Zambia's figure about 1.1 times Uganda's.

The two have swapped places 2 times across 36 shared years of data; in 1990 it was Zambia ahead.

Uganda ranks 108th and Zambia ranks 106th of 175 countries.

Uganda has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Uganda Zambia Difference Ahead
1990s 321.92 million excluding gold 164.64 million excluding gold 157.27 million excluding gold Uganda
2000s 1.40 billion excluding gold 490.17 million excluding gold 912.41 million excluding gold Uganda
2010s 3.10 billion excluding gold 2.23 billion excluding gold 876.02 million excluding gold Uganda
2020s 3.92 billion excluding gold 2.64 billion excluding gold 1.28 billion excluding gold Uganda

Averages of every year both report within each decade.

Frequently asked questions

Which has higher 24_international reserves, Uganda or Zambia?
Zambia, at 4.21 billion excluding gold against 3.77 billion excluding gold in Uganda as of 2025.
What is the difference in 24_international reserves between Uganda and Zambia?
447.34 million excluding gold, with Zambia ahead.
How many years of comparable data are there for Uganda and Zambia?
36 years are reported by both, from 1990 to 2025.
How do Uganda and Zambia rank globally for 24_international reserves?
Uganda ranks 108th and Zambia ranks 106th of 175 countries.
Where does this data come from?
IMF, published as 24_International reserves (excluding gold). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Uganda vs Zambia: 24_International reserves. Statizoid, drawing on IMF. Retrieved 28 September 2026, from https://reference.statizoid.com/compare/24-international-reserves-excluding-gold/uganda/zambia/

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About this data

Indicator
24_International reserves (excluding gold)
Unit
excluding gold
Source
IMF
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
175 places, 6,120 data points, 1990–2026
Last refreshed

The data on international reserve assets refer to entries published in the world tables of the IMF’s International Financial Statistics (IFS).