The Gross Domestic Product (GDP) in Uganda expanded 1.90 percent in the second quarter of 2018 over the previous quarter. GDP Growth Rate in Uganda averaged 1.15 percent from 2011 until 2018, reaching an all time high of 4.30 percent in the third quarter of 2012 and a record low of -2.40 percent in the fourth quarter of 2013.
GDP Growth Rate in Uganda is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Uganda to stand at 0.90 in 12 months time. In the long-term, the Uganda GDP Growth Rate is projected to trend around 1.70 percent in 2020, according to our econometric models.