Markets Actual Q3 Q4 Q1 Q2 2020
Currency 3667.00 3679 3691 3702 3714 3737
Overview Actual Q3 Q4 Q1 Q2 2020
GDP Annual Growth Rate (%) 5.60 5.4 6.3 5.4 5.8 5.8
Inflation Rate (%) 2.10 2.5 3.8 3.5 3.7 4
Interest Rate (%) 10.00 9.5 9.5 9.5 9.25 9.25
Balance of Trade (USD Million) -340.50 -315 -360 -360 -335 -360
Current Account to GDP (%) -5.40 -4.9 -4.9 -5.3 -5.3 -5.3
Government Debt to GDP (%) 40.00 42 42 43 43 43
Government Budget (% of GDP) -4.70 -5.4 -5.4 -4.9 -4.9 -4.9
Business Confidence (Index Points) 57.80 57.8 56.8 56.8 56.8 57.7
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 40.00 40 40 40 40 40
GDP Actual Q3 Q4 Q1 Q2 2020
GDP Annual Growth Rate (%) 5.60 5.4 6.3 5.4 5.8 5.8
GDP (USD Billion) 27.48 28.5 28.5 30 30 30
Gross Fixed Capital Formation (UGX Billion) 23903.00 25194 25409 25194 25289 26883
GDP per capita (USD) 709.70 725 725 750 750 750
GDP per capita PPP (USD) 1807.37 1789 1727 1727 1745 1745
GDP Constant Prices (UGX Billion) 15319.26 18181 17163 16147 16208 18158
GDP From Agriculture (UGX Billion) 2588.97 4437 3446 2729 2739 3646
GDP From Construction (UGX Billion) 1025.90 1094 1142 1081 1085 1209
GDP From Manufacturing (UGX Billion) 1174.21 1230 1241 1238 1242 1313
GDP From Mining (UGX Billion) 254.52 290 258 268 269 273
GDP From Public Administration (UGX Billion) 578.53 629 640 610 612 677
GDP From Services (UGX Billion) 8537.38 9310 9225 8998 9033 9760
Labour Actual Q3 Q4 Q1 Q2 2020
Wages High Skilled (UGX/Month) 1216600.00 1628290 1817300 1817300 1817300 1859522
Wages Low Skilled (UGX/Month) 412400.00 479510 440000 440000 440000 445000
Living Wage Family (UGX/Month) 1368500.00 1368500 1368500 1368500 1368500 1508900
Prices Actual Q3 Q4 Q1 Q2 2020
Inflation Rate (%) 2.10 2.5 3.8 3.5 3.7 4
Consumer Price Index CPI (Index Points) 177.30 180 181 182 184 188
Food Inflation (%) 0.10 1.4 2 2 2 2
Producer Prices (Index Points) 179.74 179 181 182 183 184
Producer Prices Change (%) -2.80 -1.8 2 1.8 1.8 1.8
Core Consumer Prices (Index Points) 173.40 177 178 181 183 190
Core Inflation Rate (%) 2.70 4.3 4.6 5 5.3 6.4
Money Actual Q3 Q4 Q1 Q2 2020
Interest Rate (%) 10.00 9.5 9.5 9.5 9.25 9.25
Deposit Interest Rate (%) 10.26 9.76 9.76 9.76 9.51 9.51
Trade Actual Q3 Q4 Q1 Q2 2020
Balance of Trade (USD Million) -340.50 -315 -360 -360 -335 -360
Current Account to GDP (%) -5.40 -4.9 -4.9 -5.3 -5.3 -5.3
Government Actual Q3 Q4 Q1 Q2 2020
Government Debt to GDP (%) 40.00 42 42 43 43 43
Government Budget (% of GDP) -4.70 -5.4 -5.4 -4.9 -4.9 -4.9
Government Spending (UGX billion) 4061.31 4281 4317 4281 4297 4568
Taxes Actual Q3 Q4 Q1 Q2 2020
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 40.00 40 40 40 40 40
Sales Tax Rate (%) 18.00 18 18 18 18 18
Social Security Rate (%) 15.00 15 15 15 15 15
Social Security Rate For Companies (%) 10.00 10 10 10 10 10
Social Security Rate For Employees (%) 5.00 5 5 5 5 5
Business Actual Q3 Q4 Q1 Q2 2020
Business Confidence (Index Points) 57.80 57.8 56.8 56.8 56.8 57.7
Composite Pmi 57.50 56.2 57 53.2 53.4 54
Consumer Actual Q3 Q4 Q1 Q2 2020
Consumer Spending (UGX Billion) 78397.00 74659 83336 82630 82944 88169


This page has economic forecasts for Uganda including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Uganda economy.