An increasing number of Ugandan farmers are now able to instantly send and receive money as they engage in their agricultural activities because of mobile money services. These services have penetrated rural areas, where 40% now have active financial accounts. Nearly one-half (46%) of Ugandans have financial services accounts, with mobile money leading the way to financial inclusion, as more than four in ten adults (43%) have mobile money accounts. 

Seventy-three percent of Uganda’s adults live in rural areas and nearly six in ten adults (57%) are poor. Expanding access to mobile money services is helping to facilitate much-needed financial security, enabling individuals to pursue educational opportunities and maintain their livelihoods without relying on friends or family.

Financial Inclusion

Total Financially Included
Financial Inclusion Breakdown By Accounts
Account Ownership By Year
32% of adults in Uganda are aware of mobile money services but are not using them.

Mobile Money

Active Mobile Money Use (Holders)
Use of Mobile Money and Banks
19% of adults in Uganda access mobile money services through someone else’s account.

Bank Account Use (Holders)

Total Population
By Gender
By Poverty Level
By Locality
78% of adults living above the $2.50/day poverty line own phones, compared to just 37% of those who live below the poverty line.

What is the most common means Ugandans use to save money?

A. In cash at home
B. Banks
C. Mobile money
D. Family, friends, or neighbors
A. In cash at home (43%)

True or false

45% of Ugandans are digitally included.


True or false

Banks are the second most used financial service in Uganda.

True (Bank usage is at 12%, while mobile money and NBFI usage is at 61% and 9%, respectively.)

Which demographic group is least likely to own a bank account?

A. Rural
B. Below the poverty line
C. Female
D. Male
B. Below the poverty line (4%)

Which demographic group is most likely to own a mobile money account?

A. Urban
B. Male
C. Above the poverty line
D. Female
C. Above the poverty line (62%)

True or false

Awareness of mobile money did not increase between 2016 and 2017.

False (awareness slightly increased by 1%)