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 % | Oct/23 |
| Unemployment Rate | 4.3 % | 2022 |
| Balance of Trade | -541 USD Million | -0.541 B USD | Aug/23 |
| Current Account | -802 USD Million | -0.802 B USD | 2Q/23 |
| Foreign Exchange Reserves | 3975 USD Million | 3.975 B USD | Aug/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 | 9.843 B USD | 2Q/23 |
| GDP per capita PPP | 2281 USD | 2022 |
| GDP From Agriculture | 7909 UGX Billion | 2.114 B USD | 2Q/23 |
| GDP From Construction | 2327 UGX Billion | 0.622 B USD | 2Q/23 |
| GDP From Manufacturing | 5102 UGX Billion | 1.364 B USD | 2Q/23 |
| GDP From Mining | 1144 UGX Billion | 0.306 B USD | 2Q/23 |
| GDP From Public Administration | 1011 UGX Billion | 0.27 B USD | 2Q/23 |
| GDP From Services | 16345 UGX Billion | 4.369 B USD | 2Q/23 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 48.6 % | 2022 |
| Government Spending | 13731 UGX Billion | 3.671 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 | 191 index points | Aug/23 |
| Food Inflation | 5.1 % | Sep/23 |
| Import Prices | 174 index points | Aug/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 | -541 USD Million | -0.541 USD Billion | Aug/23 |
| Capital Flows | -1377 USD Million | -1.377 B USD | 2Q/23 |
| Current Account | -802 USD Million | -0.802 USD Billion | 2Q/23 |
| Exports | 670 USD Million | 0.67 USD Billion | Aug/23 |
| Foreign Exchange Reserves | 3975 USD Million | 3.975 USD Billion | Aug/23 |
| Imports | 1211 USD Million | 1.211 USD Billion | Aug/23 |
| Terms of Trade | 110 Index Points | Aug/23 |
| Tourist Arrivals | 815 Thousand Persons | 0.815 Million Persons | 2022 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Interest Rate | 9.5 % | Oct/23 |
| Loans to Private Sector | 22481 UGX Billion | 6.01 USD Billion | Aug/23 |
| Money Supply M1 | 15960 UGX Billion | 4.266 B USD | Aug/23 |
| Money Supply M2 | 28477 UGX Billion | 7.613 USD Billion | Aug/23 |
| Money Supply M3 | 38164 UGX Billion | 10.202 USD Billion | Aug/23 |
| Deposit Interest Rate | 10.42 % | Aug/23 |
| Private Sector Credit | 20841376 UGX Million | 5.571 B USD | Aug/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 | 59.31 index points | Sep/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 | 52.9 Index Points | Sep/23 |
| Leading Economic Index | 0.81 Index Points | Aug/23 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Credit | 4625995 UGX Million | 1.237 USD Billion | Aug/23 |
| Consumer Spending | 114925 UGX Billion | 30.722 USD Billion | 2021 |
