The economy of Uganda advanced 6.8 percent year-on-year in the third quarter of 2018, following an upwardly revised 5.2 percent expansion in the previous period. It was the strongest growth rate since the last quarter of 2014, mainly driven by services (8.2 percent vs 6.5 percent in Q2), namely trade & repairs (6 percent vs -1 percent); accommodation & services (2.8 percent vs -2 percent); public administration (9.2 percent vs 7 percent); education (7.2 percent vs 1.4 percent) and human health & social work (11.6 percent vs 5.3 percent). Additionally, output accelerated in agriculture, forestry & fishing (3 percent vs 1.1 percent), mostly due to cash crops (3.9 percent vs 2.5 percent) and food crops (3.2 percent vs 1 percent). Also, growth was boosted by the industrial sector (6.9 percent vs 6.3 percent), mainly due to manufacturing (5.5 percent vs 0.4 percent). On a quarterly basis, the economy grew 2.8 percent, after expanding 2.1 percent in the prior period. 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 6.20 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 6.30 in 12 months time. In the long-term, the Uganda GDP Annual Growth Rate is projected to trend around 6.10 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%
2018-12-26 10:00 AM GDP Growth Rate YoY 6.8% 5.2% 6.1%
2019-04-04 01:30 PM GDP Growth Rate YoY 6.8% 6.6%
2019-07-03 05:00 PM GDP Growth Rate YoY 6.2%
2019-10-09 12:00 PM GDP Growth Rate YoY 5.8%


Uganda GDP Last Previous Highest Lowest Unit
GDP Growth Rate 2.80 2.10 4.30 -2.40 percent [+]
GDP Annual Growth Rate 6.80 5.20 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 16179.73 15736.91 16179.73 3795.75 UGX Billion [+]
GDP From Agriculture 4208.28 3285.33 4208.28 1994.51 UGX Billion [+]
GDP From Construction 1035.37 1072.06 1072.06 445.80 UGX Billion [+]
GDP From Manufacturing 1184.62 1117.50 1184.62 787.93 UGX Billion [+]
GDP From Mining 276.33 263.11 276.33 98.26 UGX Billion [+]
GDP From Public Administration 562.21 512.67 562.21 237.14 UGX Billion [+]
GDP From Services 8824.78 8299.58 8824.78 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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
6.80 5.20 8.60 1.00 2011 - 2018 percent Quarterly




Country Last Previous
India 6.60 Dec/18
China 6.40 Dec/18
Indonesia 5.18 Dec/18
South Korea 3.10 Dec/18
United States 3.10 Dec/18
Saudi Arabia 2.50 Sep/18
Spain 2.40 Dec/18
Australia 2.30 Dec/18
Netherlands 2.00 Dec/18
Singapore 1.90 Dec/18
Mexico 1.70 Dec/18
Canada 1.60 Dec/18
Russia 1.50 Sep/18
Switzerland 1.40 Dec/18
United Kingdom 1.30 Dec/18
Brazil 1.10 Dec/18
Euro Area 1.10 Dec/18
South Africa 1.10 Dec/18
France 0.90 Dec/18
Germany 0.60 Dec/18
Japan 0.30 Dec/18
Italy 0.00 Dec/18
Turkey -3.00 Dec/18
Argentina -3.50 Sep/18


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