Uganda recorded a Current Account deficit of 776.20 USD Million in the third quarter of 2019. Current Account in Uganda averaged -234.31 USD Million from 1993 until 2019, reaching an all time high of 118.20 USD Million in the second quarter of 2005 and a record low of -938.80 USD Million in the second quarter of 2019.

Current Account in Uganda is expected to be -900.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Uganda to stand at -1200.00 in 12 months time. In the long-term, the Uganda Current Account is projected to trend around -1300.00 USD Million in 2020, according to our econometric models.

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Uganda Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-776.20 -938.80 118.20 -938.80 1993 - 2019 USD Million Quarterly


Uganda Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).

Uganda Trade Last Previous Highest Lowest Unit
Balance of Trade -295.20 -339.70 14.56 -478.30 USD Million [+]
Current Account -776.20 -938.80 118.20 -938.80 USD Million [+]
Current Account to GDP -5.80 -5.40 2.86 -11.60 percent [+]
Imports 622.51 651.34 914.60 44.20 USD Million [+]
Exports 327.30 311.64 603.94 12.39 USD Million [+]
Terms of Trade 127.78 119.54 167.10 72.50 points [+]
Tourist Arrivals 1800.00 1402.00 1800.00 69.00 Thousand [+]
Terrorism Index 3.96 3.93 6.09 2.76 [+]
Capital Flows -443.00 -703.00 6684.40 -862.90 USD Million [+]