Uganda recorded a Current Account deficit of 776.20 USD Million in the third quarter of 2019. Current Account in Uganda averaged -234.31 USD Million from 1993 until 2019, reaching an all time high of 118.20 USD Million in the second quarter of 2005 and a record low of -938.80 USD Million in the second quarter of 2019.
Current Account in Uganda is expected to be -900.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Uganda to stand at -1200.00 in 12 months time. In the long-term, the Uganda Current Account is projected to trend around -1300.00 USD Million in 2020, according to our econometric models.