Economy of Uganda. Statistics, Data and Indicators
Uganda
| 33B | Credit rank #85 |
| N/A | Quality of life # |
| 142 | Corruption rank#136 |
| 116 | Ease of doing business#115 |
Uganda Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 45.56 USD Billion | 2022 |
| GDP Annual Growth Rate | 6.8 % | 2Q/23 |
| GDP Growth Rate | 5.2 % | 2Q/23 |
| GDP per capita | 935 USD | 2022 |
| Inflation Rate YoY | 2.7 % | Sep/23 |
| Interest Rate | 9.5 % | Sep/23 |
| Unemployment Rate | 4.3 % | 2022 |
| Balance of Trade | -406 USD Million | -0.406 B USD | Jul/23 |
| Current Account | -795 USD Million | -0.795 B USD | 1Q/23 |
| Foreign Exchange Reserves | 3955 USD Million | 3.955 B USD | Jul/23 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 45.56 USD Billion | 2022 |
| GDP Annual Growth Rate | 6.8 % | 2Q/23 |
| GDP Growth Rate | 5.2 % | 2Q/23 |
| GDP per capita | 935 USD | 2022 |
| GDP Constant Prices | 36821 UGX Billion | 9.749 B USD | 2Q/23 |
| GDP per capita PPP | 2281 USD | 2022 |
| GDP From Agriculture | 7909 UGX Billion | 2.094 B USD | 2Q/23 |
| GDP From Construction | 2327 UGX Billion | 0.616 B USD | 2Q/23 |
| GDP From Manufacturing | 5102 UGX Billion | 1.351 B USD | 2Q/23 |
| GDP From Mining | 1144 UGX Billion | 0.303 B USD | 2Q/23 |
| GDP From Public Administration | 1011 UGX Billion | 0.268 B USD | 2Q/23 |
| GDP From Services | 16345 UGX Billion | 4.327 B USD | 2Q/23 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 48.6 % | 2022 |
| Government Spending | 13731 UGX Billion | 3.635 USD Billion | 2021 |
| Government Budget to GDP | -5.3 % | 2022 |
| Military Expenditure | 923 USD Million | 0.923 B USD | 2022 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 128 index points | Sep/23 |
| Export Prices | 193 index points | Jul/23 |
| Food Inflation | 5.1 % | Sep/23 |
| Import Prices | 174 index points | Jul/23 |
| Inflation Rate YoY | 2.7 % | Sep/23 |
| Producer Prices | 234 index points | Mar/23 |
| Inflation Rate Mom | 0.7 % | Sep/23 |
| Core Consumer Prices | 127 Index Points | Sep/23 |
| Core Inflation Rate | 2.4 % | Sep/23 |
| CPI Housing Utilities | 122 Index Points | Sep/23 |
| CPI Transportation | 150 Index Points | Sep/23 |
| Producer Prices Change | 1.6 % | Mar/23 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -8.6 % | 2022 |
| Balance of Trade | -406 USD Million | -0.406 USD Billion | Jul/23 |
| Capital Flows | -424 USD Million | -0.424 B USD | 1Q/23 |
| Current Account | -795 USD Million | -0.795 USD Billion | 1Q/23 |
| Exports | 570 USD Million | 0.57 USD Billion | Jul/23 |
| Foreign Exchange Reserves | 3955 USD Million | 3.955 USD Billion | Jul/23 |
| Imports | 976 USD Million | 0.976 USD Billion | Jul/23 |
| Terms of Trade | 111 Index Points | Jul/23 |
| Tourist Arrivals | 815 Thousand Persons | 0.815 Million Persons | 2022 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Interest Rate | 9.5 % | Sep/23 |
| Loans to Private Sector | 22196 UGX Billion | 5.877 USD Billion | Jul/23 |
| Money Supply M1 | 15935 UGX Billion | 4.219 B USD | Jul/23 |
| Money Supply M2 | 28040 UGX Billion | 7.424 USD Billion | Jul/23 |
| Money Supply M3 | 37654 UGX Billion | 9.969 USD Billion | Jul/23 |
| Deposit Interest Rate | 10.98 % | Jul/23 |
| Private Sector Credit | 20535400 UGX Million | 5.437 B USD | Jul/23 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 4.3 % | 2022 |
| Living Wage Family | 1368500 UGX/Month | 366.793 USD/Month | 2018 |
| Living Wage Individual | 652200 UGX/Month | 174.806 USD/Month | 2018 |
| Wages High Skilled | 1216600 UGX/Month | 326.08 USD/Month | 2018 |
| Wages Low Skilled | 412400 UGX/Month | 110.534 USD/Month | 2018 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 30 % | 2023 |
| Personal Income Tax Rate | 40 % | 2023 |
| Sales Tax Rate | 18 % | 2023 |
| Social Security Rate | 15 % | 2023 |
| Social Security Rate For Companies | 10 % | 2023 |
| Social Security Rate For Employees | 5 % | 2023 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Business Confidence | 61.25 index points | Aug/23 |
| Corruption Index | 26 index points | 2022 |
| Corruption Rank | 142 place | 2022 |
| Ease of Doing Business | 116 place | 2019 |
| Competitiveness Index | 48.94 Index Points | 2019 |
| Competitiveness Rank | 115 | 2019 |
| Composite PMI | 51.6 Index Points | Aug/23 |
| Leading Economic Index | 0.43 Index Points | Jul/23 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Credit | 4592149 UGX Million | 1.216 USD Billion | Jul/23 |
| Consumer Spending | 114925 UGX Billion | 30.427 USD Billion | 2021 |
