The economy of Uganda advanced 5.6% from a year earlier in the first quarter of 2019, decelerating from an upwardly revised 6.8% in the previous period. It was the slowest expansion since Q2 2018, led by services (6.5% vs 8.8% in Q4), namely trade & repairs (5.1% vs 7.5%); transportation & storage (4% vs 10.1%); information & communication (1.7% vs 8.6%); administrative & support service (8% vs 16.7%); public administration (7.2% vs 9.1%) and arts, entertainment & recreation (5.7% vs 13%). Also, industrial output rose at a slower pace (2.9% vs 3.5%), mainly due to construction (0.9% vs 4.2%) and mining & quarrying (-3.8% vs -8.1%). In contrast, the agricultural sector strengthened (4.8% vs 4.7%), boosted by cash crops (12% vs 6.4%) and food crops (5.2% vs 3.6%), amid favourable weather conditions. On a quarterly basis, the GDP grew 0.3%, the least since Q1 2016 when it contracted 0.7%, and below 1.2% in the last quarter of 2018. GDP Annual Growth Rate in Uganda averaged 5.59 percent from 2009 until 2018, reaching an all time high of 11.70 percent in the second quarter of 2009 and a record low of 1.10 percent in the second quarter of 2012.

GDP Annual Growth Rate in Uganda is expected to be 5.40 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 5.80 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
2018-10-09 12:00 PM GDP Growth Rate YoY Q2 5.0% 6.2% 6.2%
2018-12-26 10:00 AM GDP Growth Rate YoY Q3 6.8% 5.2% 6.1%
2019-04-04 09:55 AM GDP Growth Rate YoY Q4 6.6% 6.2% 6.6%
2019-07-03 02:05 PM GDP Growth Rate YoY Q1 5.6% 6.8% 6.2%
2019-10-09 12:00 PM GDP Growth Rate YoY Q2 5.6% 4.0%
2019-12-27 10:00 AM GDP Growth Rate YoY Q3 5.4%


Uganda GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.30 1.20 4.30 -2.40 percent [+]
GDP Annual Growth Rate 5.60 6.80 11.70 1.10 percent [+]
GDP 27.48 26.00 27.48 0.42 USD Billion [+]
Gross Fixed Capital Formation 23903.00 14514.00 23903.00 1160.00 UGX Billion [+]
GDP per capita 709.70 694.30 709.70 274.30 USD [+]
GDP per capita PPP 1807.37 1768.21 1807.37 773.20 USD [+]
GDP Constant Prices 15319.26 16145.64 17249.66 8348.49 UGX Billion [+]
GDP From Agriculture 2588.97 3241.55 4209.31 1994.51 UGX Billion [+]
GDP From Construction 1025.90 1074.59 1074.59 445.80 UGX Billion [+]
GDP From Manufacturing 1174.21 1167.88 1174.21 787.93 UGX Billion [+]
GDP From Mining 254.52 243.08 275.49 98.26 UGX Billion [+]
GDP From Public Administration 578.53 601.74 601.74 237.14 UGX Billion [+]
GDP From Services 8537.38 8677.88 8832.89 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5.60 6.80 11.70 1.10 2009 - 2019 percent Quarterly




Country Last Previous
China 6.20 Jun/19
Indonesia 5.05 Jun/19
India 5.00 Jun/19
Spain 2.30 Jun/19
United States 2.30 Jun/19
Netherlands 2.00 Jun/19
South Korea 2.00 Jun/19
Saudi Arabia 1.70 Mar/19
Canada 1.60 Jun/19
Australia 1.40 Jun/19
France 1.40 Jun/19
Euro Area 1.20 Jun/19
United Kingdom 1.20 Jun/19
Brazil 1.00 Jun/19
Japan 1.00 Jun/19
Russia 0.90 Jun/19
South Africa 0.90 Jun/19
Germany 0.40 Jun/19
Switzerland 0.20 Jun/19
Singapore 0.10 Jun/19
Italy -0.10 Jun/19
Mexico -0.80 Jun/19
Turkey -1.50 Jun/19
Argentina -5.80 Mar/19


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