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Uganda

Ugandan Shilling (UGX)

Uganda remains relatively cash-dependent. In 2018, over 70% of the population was reportedly still unbanked. Since 2020, however, efforts have been made to mitigate risks associated with e-payment platforms, and by the end of the year, the country’s mobile money industry had reached $46B (USD).

Uganda flag

Population

45,853,778

Banked Population:

65.91%

Group 427321246

Main industries

Tourism, Transport, Fishing,
Manufacturing, Oil, and Mining

Group 427321247

Main imports

Gold, Refined Petroleum, Palm Oil,
Packaged Medicaments, and Delivery Trucks

Group 427321248

Main exports

Gold, Coffee, Cocoa Beans,
Raw Sugar, and Tea

GDP stats

$883.9

Per capita (USD)

3.5%

Growth annually

101

World ranking

Internet usage

6%

Smartphone usage

24%

Credit/debit card usage

17%

Population transacting electronically

55%

Group 427321245 1

Total volume of digital payments projected to reach

$3,301.00M (USD)

Payment Methods in Uganda

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  • All Methods
  • Mobile Money

Airtel Mobile Money Uganda

Mobile Money

MTN Mobile Money Uganda

Mobile Money

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