Uganda recorded a Current Account deficit of 706.10 USD Million in the first quarter of 2020.

Current Account in Uganda averaged -240.09 USD Million from 1993 until 2020, 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. This page provides - Uganda Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Uganda Current Account - values, historical data and charts - was last updated on August of 2020.

Current Account in Uganda is expected to be -1100.00 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 2021, according to our econometric models.

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Uganda Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-706.10 -380.90 118.20 -938.80 1993 - 2020 USD Million Quarterly

Uganda Trade Last Previous Highest Lowest Unit
Balance of Trade -304.40 -217.60 14.60 -483.00 USD Million [+]
Current Account -706.10 -380.90 118.20 -938.80 USD Million [+]
Current Account to GDP -5.80 -5.40 2.86 -11.60 percent [+]
Imports 641.50 508.50 916.60 44.20 USD Million [+]
Exports 337.19 290.93 603.94 12.39 USD Million [+]
Terms of Trade 114.10 144.52 167.10 72.50 points [+]
Tourist Arrivals 1800.00 1402.00 1800.00 69.00 Thousand [+]
Capital Flows -649.40 -139.50 6684.40 -862.90 USD Million [+]
Terrorism Index 3.96 3.93 6.09 2.76 [+]


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).