Uganda Interest Rate  2011-2018 | Data | Chart | Calendar | Forecast

The Bank of Uganda kept its benchmark interest rate steady at 9.0 percent at its May 2018 meeting, saying that the decision is consistent given the inflation outlook and the current state of the economy. Policymakers noted upside risks in the inflation, expecting to increase faster in the next twelve months, still remaining within the 5 percent target. Annual inflation rate fell to 1.7 percent in May from 1.8 percent in April, mainly due to food and non-alcoholic beverages and housing and utilities. The Committee also mentioned that the economy activity continues to strengthen and is projected to remain favourable with an improvement across all sectors. The GDP growth is expected to expand 6 percent in FY 2018/2019 compared to an estimate 5.8 percent in FY 2017/2018. Interest Rate in Uganda averaged 13.46 percent from 2011 until 2018, reaching an all time high of 23 percent in November of 2011 and a record low of 9 percent in February of 2018.

Uganda Interest Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-02-13 10:55 AM Interest Rate Decision 9.0% 9.5% 9.5%
2018-04-09 10:00 AM Interest Rate Decision 9.0% 9.0% 9.0%
2018-06-12 10:00 AM Interest Rate Decision 9.0% 9.0% 9.0%
2018-08-14 09:40 AM Interest Rate Decision 9.0% 9.0%
2018-10-05 09:40 AM Interest Rate Decision
2018-12-14 12:00 PM Interest Rate Decision


Uganda Money Last Previous Highest Lowest Unit
Interest Rate 9.00 9.00 23.00 9.00 percent [+]
Money Supply M2 14842.10 15032.50 15332.30 138.70 UGX Billion [+]
Money Supply M3 21061.50 21192.60 21396.70 138.70 UGX Billion [+]
Foreign Exchange Reserves 3388.19 3600.55 3654.45 5.10 USD Million [+]
Loans to Private Sector 12819.00 12715.30 12819.00 244.22 SHS Billion [+]
Deposit Interest Rate 9.70 13.20 35.83 5.56 percent [+]
Money Supply M1 8788.90 9082.90 9148.50 912.60 UGX Billion [+]


Uganda Interest Rate

In Uganda, interest rates decisions are taken by the Bank of Uganda. The Bank of Uganda official interest rate is the central bank rate. This page provides the latest reported value for - Uganda Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Uganda Interest Rate - actual data, historical chart and calendar of releases - was last updated on June of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
9.00 9.00 23.00 9.00 2011 - 2018 percent Daily




interest rate by Country
Country Last
Turkey 17.75 Jun/18
Mexico 7.75 Jun/18
Russia 7.25 Jun/18
Brazil 6.50 Jun/18
India 6.25 Jun/18
Indonesia 4.75 May/18
China 4.35 May/18
United States 2.00 Jun/18
Australia 1.50 Jun/18
South Korea 1.50 May/18
Canada 1.25 May/18
United Kingdom 0.50 Jun/18
Euro Area 0.00 Jun/18
France 0.00 Jun/18
Germany 0.00 Jun/18
Italy 0.00 Jun/18
Netherlands 0.00 Jun/18
Spain 0.00 Jun/18
Japan -0.10 Jun/18
Switzerland -0.75 Jun/18


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