Markets Actual Q1 Q2 Q3 Q4 2020
Currency 3706.29 3723 3737 3750 3764 3791
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 6.80 6 6.1 6.5 6.5 5.9
Inflation Rate (%) 2.20 3.5 4 3.8 5.6 6
Interest Rate (%) 10.00 10 8 7.5 7.5 6.75
Balance of Trade (USD Million) -319.60 -267 -268 -268 -268 -268
Current Account to GDP (%) -5.40 -4 -4 -4 -4 -5.6
Government Debt to GDP (%) 38.60 37 37 37 37 35
Government Budget (% of GDP) -3.30 -3.3 -3.3 -3.3 -3.3 -3.3
Business Confidence (Index Points) 58.86 58.97 59.25 59.04 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 Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 6.80 6 6.1 6.5 6.5 5.9
GDP (USD Billion) 25.89 28.5 28.5 28.5 28.5 30
Gross Fixed Capital Formation (UGX Billion) 23903.00 25337 25361 25457 25457 26959
GDP per capita (USD) 666.61 691 691 678 678 685
GDP per capita PPP (USD) 1697.70 1789 1789 1727 1727 1745
GDP Constant Prices (UGX Billion) 16179.73 16335 16697 17231 17231 18248
GDP From Agriculture (UGX Billion) 4208.28 2613 3486 4482 4482 4746
GDP From Construction (UGX Billion) 1035.37 1078 1137 1103 1103 1168
GDP From Manufacturing (UGX Billion) 1184.62 1188 1186 1262 1262 1336
GDP From Mining (UGX Billion) 276.33 281 279 294 294 312
GDP From Public Administration (UGX Billion) 562.21 546 544 599 599 634
GDP From Services (UGX Billion) 8824.78 8480 8806 9398 9398 9953
Labour Actual Q1 Q2 Q3 Q4 2020
Wages High Skilled (UGX/Month) 1216600.00 1817300 1628290 1697802 1817300 1859522
Wages Low Skilled (UGX/Month) 412400.00 440000 479510 494774 440000 445000
Living Wage Family (UGX/Month) 1368500.00 1508900 1368500 1368500 1368500 1508900
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 2.20 3.5 4 3.8 5.6 6
Consumer Price Index CPI (Index Points) 174.00 176 178 182 184 195
Food Inflation (%) -2.50 1 1.2 1.4 2 2
Producer Prices (Index Points) 180.87 192 193 190 189 201
Producer Prices Change (%) -3.20 4 4.2 4.5 4.7 6.1
Core Consumer Prices (Index Points) 170.30 174 175 181 182 191
Core Inflation Rate (%) 2.80 5.5 6 6.5 7 5
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 10.00 10 8 7.5 7.5 6.75
Deposit Interest Rate (%) 9.72 9.17 7.17 6.67 6.67 6.67
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (USD Million) -319.60 -267 -268 -268 -268 -268
Current Account to GDP (%) -5.40 -4 -4 -4 -4 -5.6
Terms of Trade (Index Points) 132.20 125 125 125 125 125
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 38.60 37 37 37 37 35
Government Budget (% of GDP) -3.30 -3.3 -3.3 -3.3 -3.3 -3.3
Government Spending (UGX billion) 4061.31 4305 4309 4325 4325 4580
Taxes Actual Q1 Q2 Q3 Q4 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 Q1 Q2 Q3 Q4 2020
Business Confidence (Index Points) 58.86 58.97 59.25 59.04 56.8 57.7
Composite Pmi 56.60 53.24 53.07 53.13 53.11 53.12
Consumer Actual Q1 Q2 Q3 Q4 2020
Consumer Spending (UGX Billion) 42035.00 44557 44599 44767 44767 47409


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.