Government Debt to GDP in Uganda increased to 38.20 percent in 2019 from 35.10 percent in 2018. source: Bank of Uganda

Government Debt to GDP in Uganda averaged 42.01 percent from 1997 until 2019, reaching an all time high of 71.50 percent in 2003 and a record low of 19.20 percent in 2009. This page provides - Uganda Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Uganda Government Debt to GDP - values, historical data and charts - was last updated on May of 2021.

Government Debt to GDP in Uganda is expected to reach 46.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Uganda Government Debt to GDP is projected to trend around 50.90 percent in 2021 and 54.00 percent in 2022, according to our econometric models.

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Uganda Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
38.20 35.10 71.50 19.20 1997 - 2019 percent Yearly

Uganda Government Last Previous Highest Lowest Unit
Government Debt to GDP 38.20 35.10 71.50 19.20 percent [+]
Government Budget -5.20 -4.70 -0.77 -5.20 percent of GDP [+]
Military Expenditure 622.00 408.00 622.00 11.00 USD Million [+]
Credit Rating 31.00 [+]
Government Spending 12113.80 10735.10 12113.80 5059.20 UGX billion [+]

Uganda Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.