Uganda GDP Growth Rate2022 Data - 2023 Forecast - 2008-2021 Historical - Chart

Name: Uganda GDP Growth Rate
Creator: TRADING ECONOMICS
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Keywords: Uganda,GDP Growth Rate,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

The Gross Domestic Product (GDP) in Uganda expanded 3.60 percent in the fourth quarter of 2020 over the previous quarter. source: Uganda Bureau of Statistics

GDP Growth Rate in Uganda averaged 1.56 percent from 2008 until 2020, reaching an all time high of 8.20 percent in the third quarter of 2020 and a record low of -5.60 percent in the first quarter of 2020. This page provides the latest reported value for - Uganda GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Uganda GDP Growth Rate - values, historical data and charts - was last updated on June of 2022.

GDP Growth Rate in Uganda is expected to be 1.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Uganda GDP Growth Rate is projected to trend around 1.60 percent in 2022 and 1.30 percent in 2023, according to our econometric models.

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Related	Last	Previous	Unit	Reference
GDP Growth Rate	-0.90	4.00	percent	Sep 2021
GDP Annual Growth Rate	5.20	3.80	percent	Dec 2021
GDP From Services	15293.15	15167.35	UGX Billion	Dec 2021
GDP From Public Administration	1113.40	1112.55	UGX Billion	Dec 2021
GDP From Mining	1130.25	331.39	UGX Billion	Dec 2021
GDP From Manufacturing	4713.12	4513.26	UGX Billion	Dec 2021
GDP From Construction	2190.60	2256.74	UGX Billion	Dec 2021
GDP From Agriculture	7357.49	10527.86	UGX Billion	Dec 2021
GDP Constant Prices	34124.15	35980.44	UGX Billion	Dec 2021

Uganda GDP 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).