Bank or similar financial institution account, out of laborforce in Uganda

Uganda: Bank or similar financial institution account, out of laborforce was 16.7% in 2024. ▲ Rising

Latest (2024)
16.7%
Change on year
down 27.6%
World rank
88th
of 98 countries
All-time high
26.5%
in 2017
All-time low
3.5%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution account, out of laborforce in Uganda, 2011–2024

5101520252011201720242011: 3.5 % age 15+2014: 15.7 % age 15+2017: 26.5 % age 15+2021: 23.1 % age 15+2024: 16.7 % age 15+

Source: World Bank. Measured in % age 15+.

Analysis

Uganda recorded 16.7% for bank or similar financial institution account, out of laborforce in 2024.

The figure is down 27.6% on the previous year and up 6.3% over ten years.

Over the whole period, bank or similar financial institution account, out of laborforce in Uganda peaked at 26.5% in 2017 and was at its lowest, 3.5%, in 2011.

That places Uganda 88th out of 98 countries with data for 2024, putting it in the bottom quarter.

Bank or similar financial institution account, out of laborforce in Uganda, year by year

Annual values for Bank or similar financial institution account, out of laborforce (% age 15+) in Uganda, 2011 to 2024.
Year % age 15+ Change
2011 3.5%
2014 15.7% +349.7%
2017 26.5% +68.6%
2021 23.1% -12.9%
2024 16.7% -27.6%

Averages by decade

DecadeAverage LowestHighest Years
2010s 15.2% 3.5% 26.5% 3
2020s 19.9% 16.7% 23.1% 2

Countries ranked near Uganda

  1. 85 Mauritania 19.3% compare
  2. 86 Iraq 18.2% compare
  3. 87 Zambia 17.8% compare
  4. 89 Nicaragua 15.9% compare
  5. 90 Tanzania, United Republic of 15.0% compare
  6. 91 Zimbabwe 13.0% compare

See the full ranking of 110 places →

More reference data data for Uganda

All data for Uganda →

Frequently asked questions

What is bank or similar financial institution account, out of laborforce in Uganda?
Bank or similar financial institution account, out of laborforce in Uganda was 16.7% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, out of laborforce recorded in Uganda?
The highest recorded value was 26.5% in 2017.
What is the lowest bank or similar financial institution account, out of laborforce recorded in Uganda?
The lowest recorded value was 3.5% in 2011.
How does Uganda rank for bank or similar financial institution account, out of laborforce?
Uganda ranks 88th out of 98 countries with data for 2024.
Is bank or similar financial institution account, out of laborforce rising or falling in Uganda?
Over the last ten years it is up 6.3%. The long-run trend across the full record is rising.
Where does this Uganda data come from?
The figures come from the World Bank, published as part of Bank or similar financial institution account, out of laborforce (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, out of laborforce in Uganda. Statizoid. Retrieved 09 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-out-of-laborforce-percent-age-15/uganda/

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About this data

Indicator
Bank or similar financial institution account, out of laborforce (% age 15+)
Unit
% age 15+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
110 places, 550 data points, 2011–2024
Last refreshed