Uganda recorded a Current Account deficit of 9.21 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in Uganda averaged -6.03 percent of GDP from 1980 until 2024, reaching an all time high of 2.86 percent of GDP in 1984 and a record low of -12.18 percent of GDP in 2001. source: Bank of Uganda
Current Account to GDP in Uganda is expected to reach -4.00 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Uganda Current Account to GDP is projected to trend around -3.20 percent of GDP in 2027 and -2.80 percent of GDP in 2028, according to our econometric models.