Markets Actual Q3 Q4 Q1 Q2 2020
Currency 3696.30 3705 3720 3734 3749 3779
Overview Actual Q3 Q4 Q1 Q2 2020
GDP Annual Growth Rate (%) 5.60 6.3 6.3 5.4 5.8 6.2
Inflation Rate (%) 3.40 4.3 5 5.3 5.4 5.5
Interest Rate (%) 10.00 9.5 9.5 9.5 9.25 9
Balance of Trade (USD Million) -313.42 -315 -360 -360 -360 -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) 57.58 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 6.3 6.3 5.4 5.8 6.2
GDP (USD Billion) 27.48 28.5 28.5 30 30 30
Gross Fixed Capital Formation (UGX Billion) 23903.00 25409 25409 25194 25194 26984
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 17199 17199 17053 16972 18265
GDP From Agriculture (UGX Billion) 2588.97 4473 4473 4436 3417 4751
GDP From Construction (UGX Billion) 1025.90 1101 1101 1091 1133 1169
GDP From Manufacturing (UGX Billion) 1174.21 1259 1259 1249 1231 1337
GDP From Mining (UGX Billion) 254.52 294 294 291 255 312
GDP From Public Administration (UGX Billion) 578.53 598 598 593 601 635
GDP From Services (UGX Billion) 8537.38 9381 9381 9301 9108 9962
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 (%) 3.40 4.3 5 5.3 5.4 5.5
Consumer Price Index CPI (Index Points) 177.30 183 183 185 187 193
Food Inflation (%) -0.20 1.4 2 2 2 2
Producer Prices (Index Points) 177.45 176 180 180 179 183
Producer Prices Change (%) -2.30 -3 1.2 0.8 1.8 1.6
Core Consumer Prices (Index Points) 172.60 181 182 182 182 191
Core Inflation Rate (%) 4.60 6.5 7 7 7 5
Money Actual Q3 Q4 Q1 Q2 2020
Interest Rate (%) 10.00 9.5 9.5 9.5 9.25 9
Deposit Interest Rate (%) 10.26 10.26 10.26 10.26 10.26 10.01
Trade Actual Q3 Q4 Q1 Q2 2020
Balance of Trade (USD Million) -313.42 -315 -360 -360 -360 -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 4317 4317 4281 4281 4585
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) 57.58 57.8 56.8 56.8 56.8 57.7
Composite Pmi 57.80 56.2 57 53.2 53.4 54
Consumer Actual Q3 Q4 Q1 Q2 2020
Consumer Spending (UGX Billion) 78397.00 44683 44683 44305 44305 47454


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.