The economy of Uganda grew 5.0 percent year-on-year in the second quarter of 2018, easing from a downwardly revised 6.2 percent expansion in the previous period. It was the weakest growth rate since the first quarter of 2017, as output growth slowed in services (6.2 percent from 8.4 percent in Q1), mostly due to trade & repairs (-1.3 percent from 2.1 percent) and accommodation & services (-2.4 percent from -0.3 percent). Also, output rose at a softer pace in agriculture, forestry & fishing (1.1 percent from 1.4 percent), namely cash crops (2.5 percent from 5.4 percent), food crops (1.0 percent from 1.5 percent) and forestry (0.9 percent from 1.5 percent). Additionally, slower growth was recorded in the industrial sector (6.3 percent from 7.5 percent), mainly due to mining & quarrying (19.5 percent from 33.2 percent) and manufacturing (0.4 percent from 2.3 percent). On a quarterly basis, the economy advanced 1.9 percent, following a 1.1 percent growth in the first quarter of the year. GDP Annual Growth Rate in Uganda averaged 4.25 percent from 2011 until 2017, reaching an all time high of 8.20 percent in the fourth quarter of 2014 and a record low of 1 percent in the first quarter of 2012.

GDP Annual Growth Rate in Uganda is expected to be 6.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Uganda to stand at 6.50 in 12 months time. In the long-term, the Uganda GDP Annual Growth Rate is projected to trend around 5.90 percent in 2020, according to our econometric models.

Uganda GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-04-04 01:30 PM GDP Growth Rate YoY 6.6% 7.5%
2018-07-03 05:00 PM GDP Growth Rate YoY 6.4% 6.6% 6.1%
2018-10-09 12:00 PM GDP Growth Rate YoY 5.0% 6.2% 6.2%
2018-12-28 10:00 AM GDP Growth Rate YoY 5.0% 6.1%


Uganda GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.90 1.10 4.30 -2.40 percent [+]
GDP Annual Growth Rate 5.00 6.20 8.60 1.00 percent [+]
GDP 25.89 24.08 27.29 0.42 USD Billion [+]
Gross Fixed Capital Formation 23903.00 14514.00 23903.00 1160.00 UGX Billion [+]
GDP per capita 666.61 662.40 666.61 272.70 USD [+]
GDP per capita PPP 1697.70 1687.10 1697.70 769.50 USD [+]
GDP Constant Prices 15718.25 15430.03 15718.25 3795.75 UGX Billion [+]
GDP From Agriculture 3285.28 2465.62 4084.32 1994.51 UGX Billion [+]
GDP From Construction 1072.06 1017.21 1072.06 445.80 UGX Billion [+]
GDP From Manufacturing 1117.64 1120.77 1152.98 787.93 UGX Billion [+]
GDP From Mining 263.00 264.96 266.10 98.26 UGX Billion [+]
GDP From Public Administration 512.67 515.49 525.94 237.14 UGX Billion [+]
GDP From Services 8276.09 8009.41 8276.09 4081.96 UGX Billion [+]


Uganda GDP Annual Growth Rate

The services sector is the most important sector of Uganda's economy and accounts for around 51 percent of total GDP. The biggest segments within services are trade & repairs (13 percent); education (8 percent); real estate (5 percent); and finance and insurance (4 percent). Agriculture, forestry & fishing account for 27 percent and the industrial sector represents around 22 percent of the GDP, mostly due to manufacturing (9 percent) and construction (8 percent). This page provides the latest reported value for - Uganda GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Uganda GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
5.00 6.20 8.60 1.00 2011 - 2018 percent Quarterly




Country Last
India 8.20 Jun/18
China 6.50 Sep/18
Turkey 5.20 Jun/18
Indonesia 5.17 Sep/18
Australia 3.40 Jun/18
Switzerland 3.40 Jun/18
United States 3.00 Sep/18
Mexico 2.60 Sep/18
Singapore 2.60 Sep/18
Spain 2.50 Sep/18
Netherlands 2.40 Sep/18
South Korea 2.00 Sep/18
Canada 1.90 Jun/18
Euro Area 1.70 Sep/18
Saudi Arabia 1.61 Jun/18
France 1.50 Sep/18
United Kingdom 1.50 Sep/18
Russia 1.30 Sep/18
Germany 1.10 Sep/18
Brazil 1.00 Jun/18
Italy 0.80 Sep/18
South Africa 0.40 Jun/18
Japan 0.30 Sep/18
Argentina -4.20 Jun/18


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